Swiss WorldCargo and Lufthansa Cargo have announced a rejigging of their pricing structure, but opting not to take the all-in rate route that a number of airlines have moved to. The duo said that as of 25 October 2015 the pricing of both airlines will consist of two components: A net rate and an 'Airfreight Surcharge' which will see overall pricing remaining the same. As a result, the different surcharges currently in place, i.e. for fuel and security, will be eliminated. As the new airfreight … [Read more...] about Swiss, Lufthansa rejig rates but don't go all-in
airlines cargo
IAG, Qatar extend capacity partnership
IAG Cargo has announced a significant extension of its capacity partnership with Qatar Airways, one year on from the signing of their landmark freighter deal. In addition to an indefinite contract extension, IAG Cargo and Qatar Airways have created what they say is one of the broadest collaborations in the cargo industry by expanding the number of destinations the deal covers to nine routes. A new Shanghai to Madrid service and a new feed from Islamabad to the IAG Cargo network have launched, … [Read more...] about IAG, Qatar extend capacity partnership
FedEx’s acquisition of TNT Express enters Phase II review
FedEx Corp. has confirmed today that the European Commission has initiated a Phase II review in connection with FedEx's intended public offer to acquire all the issued and outstanding shares of TNT Express N.V. This is the next step in the process where the European Commission conducts an in-depth analysis under the EU Merger Regulation before coming to a decision. The transaction is also being reviewed by other antitrust agencies, including the Ministry of Commerce (MOFCOM) in China … [Read more...] about FedEx’s acquisition of TNT Express enters Phase II review
Davies Turner appoints new senior management
UK independent freight forwarding group, Davies Turner, has made four key senior management appointments within its two main trading subsidiaries. The appointments also include director roles for Edward and Emily Stephenson, the son and daughter of current joint MD Michael Stephenson and the great, great grandchildren of Alfred Davies, who launched the family business in 1870. Alan Williams, previously director at Dartford, has become national sales and marketing director for Davies … [Read more...] about Davies Turner appoints new senior management
Thailand’s 2nd largest forwarder making e-progress
Thailand’s second largest air forwarder, Trans Air Cargo Co Ltd (TAC) is pushing ahead with electronic air cargo operations after having begun their transition to e-AWBs earlier this year and is now sending 400 to 500 AWBs per month electronically. “Continuous engagement with airlines on a local level is an important factor, as airline headquarters may be ready but that doesn’t mean their local offices are,” said Keree Chaichanavong, managing director, TAC. “Selecting the right technology … [Read more...] about Thailand’s 2nd largest forwarder making e-progress
Yields down as much as -41% since 2008: WorldACD
With the topic of yields dominating any discussion about the current business environment, WorldACD has clearly demonstrated the dismal state of affairs through a comparison of USD-yields between June 2008 and June 2015, with not one single market showing a yield increase over that period. The good news first: North America to Asia Pacific saw the smallest yield decline at only -9 per cent. This contrasts with all of the other markets that saw decreases ranging from -22 per cent (Middle … [Read more...] about Yields down as much as -41% since 2008: WorldACD
