Ex-Atlas CEO, John W. Dietrich, is set to join FedEx as executive vice president and chief financial officer, effective 1 August. With more than more than 30 years of experience in the aviation and air cargo industries, Dietrich held several leadership roles at Atlas Air Worldwide since 1999, including serving as president and chief executive officer, and member of the board of directors from 2020. Prior to Atlas Air, Dietrich was with United Airlines for 13 years. He currently serves as … [Read more...] about John Dietrich to join FedEx as finance chief
international air shipments
DHL Supply Chain to spend €500m in Latin America
DHL Supply Chain has announced a landmark investment of €500 million into Latin America over the next years (until 2028) as part of a strategy to strengthen its capabilities in high-demand sectors like healthcare, automotive, technology, retail and e-commerce. Projects in the pipeline include decarbonizing the domestic fleet through greener alternatives; building, developing and retrofitting real estate assets and warehouses in the market; as well as significant investments into new … [Read more...] about DHL Supply Chain to spend €500m in Latin America
Schiphol tightens ground security to counter theft
Amsterdam is responding to incidents of theft with the implementation of tighter security requirements at its premises starting next year. The Schiphol airport community has invested in a ‘Secure Import’ information system which will allow a ground handler to advise a forwarder that a shipment is ready for collection. The forwarder can then direct a transporter to pick up the shipment, and the information system will check whether these are the correct parties for this particular shipment and … [Read more...] about Schiphol tightens ground security to counter theft
AI-first Raft earmarks US$30m funding for R&D
Logistics startup Raft, formerly known as Vector.ai, completed its series B funding round on 11 July, raising $30 million in investment, which the company has earmarked for R&D. Founded in 2017, the company helps key players in the logistics industry apply AI or artificial intelligence to their daily tasks and customer interactions. Its intelligent logistics platform helps automate the execution of over 300,000 shipments each month Raft said the fresh capital infusion will be used to … [Read more...] about AI-first Raft earmarks US$30m funding for R&D
Jettainer delivers fire-resistant ULDs to Lufthansa
Jettainer has rolled out the first batch of AMX fire-resistant unit load devices which were sourced from American ULD manufacturer Satco Inc. Lufthansa will be the first to use these fully certified fire-resistant containers, which were designed in accordance with the latest Technical Standard Orders (TSO) C90e specifications defined by the Federal Aviation Authority. Manufacturer Satco said its main focus is to improve ULD safety and one of the areas it has zeroed in is the safe transport … [Read more...] about Jettainer delivers fire-resistant ULDs to Lufthansa
Dronamics obtains IATA and ICAO codes
Dronamics is reinforcing its position in international aviation and has solidified its claim as world's first cargo drone airline as it announced that it has secured both IATA and ICAO designator codes on 14 July. Dronamics has been assigned the IATA designator code ‘OY’, along with the accounting prefix 651. The IATA 2-letter airline designator code will be used to establish flight numbers for both scheduled and non-scheduled flights, providing standardised identification across its … [Read more...] about Dronamics obtains IATA and ICAO codes