Korean Air Cargo has opened an office in Madrid Barajas airport's cargo centre following the start of direct thrice-weekly flights between Madrid and Seoul since23 June with a Boeing B777-200. … [Read more...] about Korean Air Cargo

Lufthansa Cargo is to increase freighter frequencies to Seoul, South Korea and launch freighter services to Mexico City.Th e new route comes on stream in January2008 in the winter flight schedules. … [Read more...] about Lufthansa Cargo

International logistics security firm FreightWatch says global cargo theft already accounts for approximately US$50 million a year and the problem may worsen as more high-value goods move through global supply chains. … [Read more...] about FreightWatch

Malaysia-based cargo airline Transmile Air Services has launched an all-cargo charter service from Kuala Lumpur to Liege in Belgium via Nanjing, Xinhua reported. Th e new service, which uses a MD-11 freighter, is Transmile's second service via Nanjing after the Kuala Lumpur-Nanjing-Malmo service,which was launched in March 2006.Separately, Transmile is said to have clinched the contract recently to wetlease some of its Boeing 727 planes to Air Hong Kong. … [Read more...] about Transmile Air Services

Hong Kong-based freight forwarder BALtrans Holdings executive chairman Anthony Lau said some of its shareholders are in preliminary talks with interested third parties to sell a controlling stake in the company, WorldACD reported. In September, the company began assessing proposals to sell a controlling stake amid plans by founder and executive chairman Lau to retire. … [Read more...] about BALtrans Holdings