CMA CGM has created a ‘specialised’ air freight division as it expands its shipping and logistics business with new products and solutions for shippers. The ocean shipping and logistics company is set to buy four 60-tonne-payload Airbus A330-200 freighters. These aircraft, which came into service between 2014 and 2016, can cover 4,000 nautical miles and will be operated by a European airline, the company said. Also read: CEVA Logistics launches new China-Europe rail freight service CMA … [Read more...] about CMA CGM bets on air cargo with new division, A330-200Fs
Air Shipping Asia
Cargo airline pilots SITA’s weather monitoring solution
AeroLogic, a joint venture between DHL and Lufthansa Cargo, has become the first European cargo airline to implement SITA’s eWAS Pilot as it aims to minimise the costs incurred for weather-related flight disruption. This weather monitoring solution can be a standalone iOS or Windows application that provides accurate 4D weather forecasts and real-time updates from various sources to warn about weather hazards like thunderstorms, lightning, clear air turbulence, strong winds, icing, and even … [Read more...] about Cargo airline pilots SITA’s weather monitoring solution
WFS unveils new cargo terminal at Brussels Airport
Worldwide Flight Services (WFS) has opened a new cargo terminal at Brussels Airport as it aims to future-proof its operations at the air cargo hub. The 25,000-sqm facility has capacity for 250,000 tonnes and was designed to optimise speed and deliver self-service and real-time information for airlines and freight forwarders. Marc Claesen, senior vice president - commercial EMEAA at WFS, explained that the latest investment is inspired by Brussel Airport’s 'commitment to air cargo growth' and … [Read more...] about WFS unveils new cargo terminal at Brussels Airport
QR Cargo names GSAs in Saudi Arabia, UAE and Egypt
Qatar Airways Cargo is set to restart cargo sales and bookings in Saudi Arabia, UAE and Egypt starting 21 February with the appointment of general sales agents in each country. Globe Air Cargo, a subsidiary of ECS group, will be the GSA for UAE, whilst Yusuf Bin Kanoo and Venus Air Cargo will be the agents accepting bookings for freight coming in and out of Saudi and Egypt, respectively. Also read: Qatar Airways makes digital leap with WebCargo Qatar Airways Cargo said it operates … [Read more...] about QR Cargo names GSAs in Saudi Arabia, UAE and Egypt
SF Holding takes over Kerry Logistics in $2.3b deal
Parcel delivery firm SF Holding is set to acquire a majority stake of Kerry Logistics as it aims to improve its international logistics capacity in a proposed ‘strategic investment and cooperation’ between the two companies, a press release confirmed. The proposed takeover will see the Chinese courier take a 51.8 percent stake in Kerry Logistics at HK$18.8 (US$2.43) per share, with the deal valued at US$2.3 billion. News broke of a potential deal last week as trading for both companies was … [Read more...] about SF Holding takes over Kerry Logistics in $2.3b deal
HKIA’s cargo volume up 14 percent in January
Despite the unprecedented challenges brought by the pandemic, Hong Kong International Airport’s cargo throughput in the first month of the year grew 14.1 percent year on year to 409,000 tonnes. The Lunar calendar may have a lot to do with the increase, as HKIA explained the year-on-year growth recorded was mainly due to a low base for comparison, given that last year’s Chinese New Year period was in January, when most factories in China were closed. Cargo imports and exports at HKIA jumped … [Read more...] about HKIA’s cargo volume up 14 percent in January