Singapore-based NOL group has reported a net loss of US$23 million in the third quarter of 2014, and for the year to date a core EBIT shortfall of US$59 million, 31 per cent less than for the same period last year. The company stated that its cost management and efficiency drive delivered US$290 million of cost savings year-to-date. The cuts in expenditure were primarily achieved through a more efficient fleet and network optimisation. However, these savings were largely offset by lower rates, … [Read more...] about NOL reduces YTD core EBIT loss
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Jettainer to manage ULDs for AA Cargo
American Airlines Cargo has selected Jettainer to manage the fleet of containers and pallets across the American network. Jettainer will equip the airline with eco-friendly lightweight containers for the next five years and therefore make a significant contribution to reducing the airline’s carbon dioxide emissions and provide fuel cost savings. American currently uses more than 15,000 ULDs (unit load devices) to transport both air cargo and baggage on board its aircraft. Lightweight … [Read more...] about Jettainer to manage ULDs for AA Cargo
Emirates SkyCargo launches new LD3
Emirates SkyCargo, the freight division of Emirates, has launched an internally developed and cost effective LD3 container that keeps temperature sensitive cargo cool when transported on the ground and in the air. Called the “White Container”, it’s the latest addition to Emirates SkyCargo’s Cool Chain portfolio, and has been designed specifically as an intermediate temperature control solution which is ideal for generic healthcare products and food perishables. … [Read more...] about Emirates SkyCargo launches new LD3
Taipei permits forwarders to consolidate multi-country cargo
Taiwan has passed a law to allow the country’s freight forwarders to operate multi-country consolidation, which could see the amount of cargo through Taiwan increase by 600,000 tonnes and made the country a logistics hub for Europe, America and Southeast Asia. In the past, local forwarders could only consolidate goods from various cargo containers according to their destination in a foreign country. The draft would allow the forwarders to carry out the consolidation and transshipment … [Read more...] about Taipei permits forwarders to consolidate multi-country cargo
