Dr. Stefan Schulte will remain the CEO of airport operator Fraport AG for another three years, or until 31 August 2027, as part of a decision taken by the supervisory board today on 15 September. Stefan, who completed qualifications in banking and economics with a doctorate degree, began his career at Fraport AG as the company’s chief financial officer, alongside the role of deputy chairman in April 2007. He has served as Fraport’s CEO since September 2009. Under his … [Read more...] about Fraport chief receives contract extension
cargo flights
COP 28 selects Kuehne+Nagel as partner
UN's Conference of the Parties has appointed Kuehne+Nagel as the official logistics partner for the 2023 UN Climate Change Conference or COP 28, happening in Dubai on November 30-December 12. The event is expected to convene over 100,000 visitors and will showcase Kuehne+Nagel’s capabilities in expo and events logistics, as well as its commitment to its science-based emission reduction targets and efforts to decarbonise logistics. The logistics operator will be the sole ground handler at … [Read more...] about COP 28 selects Kuehne+Nagel as partner
Maersk tests sea-air cargo solution via Oman
A new multimodal sea-air solution has been successfully tested by A.P. Moller-Maersk or Maersk in Oman, which is expected to cut transit time and costs for shipments. The logistics operator has collaborated with the Port of Salalah and Oman Airports to trial a sea-air logistics solution for cargo moving from Sri Lanka to Egypt. The shipment, which comprised cargo for the retail and lifestyle sector, was transported from Colombo to Cairo via Oman. The first leg of transportation was carried … [Read more...] about Maersk tests sea-air cargo solution via Oman
Scan Global Logistics absorbs Swiss player Belglobe
Scan Global Logistics has finalised its third acquisition this year after it acquired Swiss logistics specialist Belglobe. The company, founded in 1994 by Stefan Zangger and located in Avenches, provides special logistics solutions for temperature-controlled pharma shipments (BelCool) and high-value luxury goods (BelSafe), with a strong air freight presence in the Latin American market. SGL said establishing itself in Switzerland is the logical choice due to its proximity to key European … [Read more...] about Scan Global Logistics absorbs Swiss player Belglobe
Cathay Cargo links to Kuehne+Nagel’s booking system
Cathay Cargo is widening its sales distribution by placing its rates and availability in Kuehne+Nagel’s own booking system through a two-phase application programming interface (API) pilot scheme. The service will be available in the Americas and later on in Europe and will allow users direct access to space, rates, and instant confirmation on Cathay Cargo’s inventory through the forwarder’s transport management system. This is the first time that the airline has enabled bookings to be … [Read more...] about Cathay Cargo links to Kuehne+Nagel’s booking system
Korean Air mandates e-AWBs for general cargo starting January
Korean Air will begin its full-scale digital transition to electronic air waybill (e-AWB) to replace conventional paper documents and will apply to general cargo departing from Korea bound for North America, Europe, Japan and other select markets. The airline said the paperless transition will streamline the entire process from reservations to final delivery and enhance data quality and accuracy. It will also enable the airline to practice its ESG initiatives. Korean Air held consultations … [Read more...] about Korean Air mandates e-AWBs for general cargo starting January