Two ex-IATA colleagues from different parts of the globe have joined CargoAi as the company looks to blaze a trail for financial solutions in the air cargo industry. Veronica Ibarra, former global billing operations manager at IATA, will join the cargo booking platform from Miami as vice president of operations, whilst Asako Sakurai, who was previously the settlement operation manager for Asia Pacific at IATA, will become head of finance, based in Singapore. Both have worked for over a decade … [Read more...] about Ex-IATA finance staff joins CargoAi team
international air shipments
Air China picks WFS to handle its 777Fs at LGG
Air China has started a new three-year cargo and ramp handling agreement with Worldwide Flight Services (WFS) in Liege (LGG), Belgium. The airline operates four Boeing 777 freighter flights a week to Liege (LGG) from Hangzhou Xiaoshan International Airport (HGH), the capital of Zhejiang Province, returning to China via Madrid. WFS expects to handle over 14,000 tonnes of cargo for Air China in the first year of the new contract, rising to over 23,000 tonnes with expected increases in flight … [Read more...] about Air China picks WFS to handle its 777Fs at LGG
FedEx to expand operations at Guangzhou hub
FedEx Express announced last week it has signed an agreement with Guangdong Airport Authority Logistics Company to expand and upgrade the FedEx Guangzhou Gateway by establishing a new operations center at Guangzhou Baiyun International Airport. The new ‘FedEx South China Operations Centre’ will cover an area of over 41,000 square metrers, more than double the size of its existing gateway, and is scheduled for operations in 2027. The facility will connect outbound shipments from southern … [Read more...] about FedEx to expand operations at Guangzhou hub
JD.com buys 361,000-sqft warehouse in the UK
JD.com, a leading supply chain-based technology and service provider, through subsidiary JD Property Group Corporation, has made its first UK transaction with the purchase of a 361,000-sqft warehouse in Milton Keynes from the client of Abrdn. JD Property Group Corporation, which develop logistics and industrial infrastructure, has a combined gross floor area (GFA) of over 200 million square feet under management, with a warehouse network that covers China, Southeast Asia, and Europe. Cen … [Read more...] about JD.com buys 361,000-sqft warehouse in the UK
SATS eyes growth in HK with new cold chain facility
SATS subsidiary Asia Airfreight Terminal Co. Ltd. (AAT) has unveiled its new on-airport temperature-controlled facility, dubbed AAT COOLPORT, at Hong Kong airport, as the company looks to grow its handled volume for perishable and pharmaceutical air freight. Parent company SATS, who increased its controlling stake at the Hong Kong ground handler last year, said the new facility was designed with reference to the COOLPORT facility at Singapore’s Changi Airport. The AAT COOLPORT’s dedicated … [Read more...] about SATS eyes growth in HK with new cold chain facility
DHL Express injects €104m into Munich gateway
DHL Express Germany last week held a groundbreaking ceremony for a new 11,000-sqm facility at Munich Airport (MUC) as it looks to expand amidst growing shipment volumes at the Munich gateway. The express integrator will invest €104 million for the new building which will be seven times larger than the warehouse it currently rents at Munich Airport's cargo center. Markus Reckling, Managing Director at DHL Express Germany explained that the bigger facility and its location will translate … [Read more...] about DHL Express injects €104m into Munich gateway