ATLAS AIR Worldwide Holdings, a global air cargo assets and outsourced aircraft provider, said that it has launched Dreamlifter fleet service for Boeing under a nine-year agreement that expands its Atlas Air unit's outsourced CMI (crew, maintenance, and insurance) offering. AAWW said the service will provide key supply-chain support for the production ...
THE two-man crew of a Lufthansa Cargo has survived after their MD-11 from Frankfurt to Hong Kong via Riyadh and Sharjah, crashed and burned at King Khaled International Airport of the Saudi capital yesterday. Lufthansa Cargo said the 39-year-old pilot and a 29-year-old co-pilot came down the emergency slide and were take to hospital. The Saudi Arabian G...
DHL has signed a partnership deal with the China Development Institute (CDI), a think tank in China, to research and develop innovative logistics solutions nationwide. As a Global Research Partner of the DHL Innovation Initiative, CDI is tasked with providing in-depth strategic knowledge and resources for the two parties to jointly deliver solutions in ...
UPS has posted a 13 per cent increase in global revenue to US$12.2 billion in the second quarter as operating profits surged by 57 per cent to $1.4 billion. Forwarding volumes rose more than 30 per cent year on year, but "margin expansion was limited due to capacity constraints in the global air freight market," reports London's International Freightin...
ASIAN manufacturing is driving air freight increases despite rising rates against cheaper ocean freight and lower than expected capacity, said Kuehne + Nagel vice president Thomas Lehmann. All commodities are strong from key hubs of Hong Kong, Shanghai and the Indian subcontinent with high-tech products and raw materials leading the rise, he said. K...
FORWARD AIR CORPORATION, an air freight forwarder, has achieved a second quarter income of US$7.9 million, up from $2.8 million for the same period a year ago on the back of higher volumes. Second quarter operating revenue rose by 23 per cent year on year to $122.1 million, the company said. It also forecast its third quarter revenue will increase 20 to...
US HOMELAND SECURITY Secretary Janet Napolitano has hailed "historic advances" in international aviation security as a key measure of the Department of Homeland Security's progress in fulfilling the recommendations of the 9/11 Commission. But DHS will not meet the same August 1 deadline for screening all international air cargo bound for the United Sta...
GUANGZHOU's China Southern Airlines is opening two new air cargo routes in July and August, the first from Guangzhou to Amsterdam from July 24, and the other, from Shanghai to Los Angles from August 28. Both of the two new routes will be operated by Boeing 777-200 freighters, said Xinhua News Agency. There will be four flights from Guangzhou to Ams...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi