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| Cargolux adds Columbus-Hong Kong route |
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Tuesday, June 18, 2013
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Cargolux has added twice-weekly, direct service from Hong Kong to Columbus, Ohio, using Boeing 747-8 freighters. The flights began Sunday, the same day the carrier unveiled new service into Brazil. Officials expect goods on the route to include cargo associated with the fashion industry. “We are pleased that we are expanding our North American network by adding Rickenbacker International Airport to our global portfolio of destinations,” Cargolux’s chie...
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| Analyst sees potential for FedEx |
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Tuesday, June 18, 2013
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Early aircraft retirement, a $1.7-billion profit improvement program and improvement in its express segment are reasons why Cowen and Co. is anticipating slightly better performance from FedEx stocks when the company releases its fiscal fourth-quarter numbers Wednesday morning. Cowen predicts a lower earnings-per-share number than most analysts, but sees the steps FedEx is taking in the market as hallmarks of an improving company. Modal shift is affecting FedEx, but Cowen still ...
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| Drewry Air Freight Index - April gains erased in May |
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Monday, June 17, 2013
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April's $0.06 uptick in east-west air freight rates evaporated in May, as the average rate per kilogram finished the month at $3.15, the same price as in March, according to Drewry's East-West Air Freight Price Index. Year-over-year, May's result represented a $0.10 drop in the price of air cargo. The price index takes 21 trade lanes and averages them together, coming up with a weighted index and an average price for a kilogram of cargo. The high point for freight i...
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| Menzies workers vote to strike |
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Monday, June 17, 2013
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Close to 90 percent of the union workers who voted have decided to strike at Menzies World Cargo. The Heathrow-based workers are upset their pay has been frozen for the last two years. “Our door is always open, but time is running out," Oliver Richardson of Unite, Britain's largest trade union, said in a statement. "Unless we get some movement in the next few days we will have no choice but to announce a strike date. It is completely unreasonable for a successful co...
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| Cargolux launches first Brazilian freighter |
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Monday, June 17, 2013
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Cargolux launched Boeing 747-8 service from Luxembourg to Sao Paulo, Brazil, June 16, marking the first ever freighter flight of this size plane into the country. Viracopos International Airport is the only airport in Brazil certified for 747-8 service. Officials expect auto parts, pharmaceutical products and fruit to serve as the main exports from Brazil. "We are extremely pleased to see our new flagship freighter eventually operating to a ...
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| Executive moves |
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Monday, June 17, 2013
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Global Aviation Holdings has named John Graber its new chief executive officer. During his career, Graber has been creditd with leading successful turnarounds for several major companies. He most recently served as president of CHC Helicopter Services, where he grew revenues and simplified the corporate structure. Prior to that, he was president of ABX Air. Charlie McDonald will continue to serve as president. Global Aviation Holdings is the parent comp...
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| New airport slated for Toronto area |
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Friday, June 14, 2013
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The Canadian government has unveiled plans for a new airport, among other developments, at the federally-owned Pickering Lands site outside of Toronto. The new airport will replace Buttonville Municipal Airport, which is to be redeveloped as a mixed-use site. “There will be land for an airport, there will be urban and industrial development and there will be considerable green space on these lands,” said Minister of Finance Jim Flaherty said in a statement. "We...
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| IATA: Airports, airlines must work together |
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Thursday, June 13, 2013
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To meet the 5 percent yearly demand for global connectivity, airports and airlines must work together toward common goals and investments, Tony Tyler, director general of the International Air Transport Association, said recently. Tyler, in a speech during the Airports Council International's Istanbul conference, said neither airlines nor airports can "afford poorly thought out and overly expensive infrastructure development. To avoid this, we must work together in a collaborat...
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| DHL expands Cincinnati air hub |
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Thursday, June 13, 2013
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DHL said it has completed its four-year, $105 million expansion of its air hub for the Americas at the Cincinnati/Northern Kentucky Airport. The enhancements include a new 180,000-square foot sorting facility specifically designed to accommodate larger express shipments; an expanded south ramp for additional wide-body aircraft; an employee and pilot building; and a facility-wide information technology upgrade. Company officials say the larger facility w...
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| FAA searching for unleaded jet fuel |
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Wednesday, June 12, 2013
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The U.S. Federal Aviation Administration is asking fuel producers worldwide for help in transitioning the aviation industry to unleaded fuel. The administration is seeking a way to replace the current 100 octane low-lead fuel for most of the general aviation fleet by 2018. Parties have until July 1, 2014, to submit proposals. By September 2014, the FAA will choose 10 participants for phase-one laboratory testing. Two fuels from this first phase will move on t...
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| TIGER requests exceed available funding |
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Wednesday, June 12, 2013
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The U.S. Department of Transportation said Tuesday that the fifth round of TIGER grants is oversubscribed once again, with 568 applications from around the country seeking more than $9 billion for infrastructure projects for a program that only has $474 million in available funding. The deadline for public and private entities to submit applications was June 3. States, local governments, port authorities, metropolitan planning organizations, transit agencies and other grou...
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| EU paves way to Single European Sky |
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Wednesday, June 12, 2013
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The number of flights in the European Union are predicted to increase by 50 percent in the next 20 years, and the European Commission has taken action today to jumpstart its Single European Sky solution to this pending capacity issue. The commission recently proposed updating the Single European Sky regulations and amending rules governing the European Aviation Safety Agency. The proposals, which are grouped under the name, SES2+, are to lead to better safety and oversight, enh...
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| LATAM cargo flat in May |
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Wednesday, June 12, 2013
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LATAM Airlines saw passenger traffic rise on declining capacity in May, but cargo load factor remained flat for the month. Cargo traffic increased 1.5 percent, year over year, but capacity also ticked up 1.5 percent. The carrier’s cargo load factor stayed stagnant at 58.2 percent. So far this year, LATAM cargo traffic has increased 2.3 percent, but capacity gains of 4 percent have wiped away any positive growth trends. For the first five months, cargo load factor is down by 1 p...
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| Boeing sees need for 35,000 planes by 2032 |
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Tuesday, June 11, 2013
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With both passenger and cargo traffic expected to grow 5 percent annually moving forward, the global airline industry will need more than 35,000 new planes at a cost of $4.8 trillion over the next 20 years, according to Boeing’s Current Market Outlook . The largest amount of demand will come in the single-aisle category, with Boeing predicting a need for 24,670 planes at a cost of $2.29 trillion. The manufacturer predicts the least amount of demand will come for large, wide...
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| TNT to lay off Italian workers |
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Monday, June 10, 2013
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TNT Express plans to layoff 850 workers in Italy and combine its smaller operations in the country into larger outposts at strategic locations. The moves, which are part of the company’s "Deliver!" reorganization program, will affect 20 Italian facilities. Service levels and network connectivity will not be affected by the downsizing, company officials said. TNT Express is also planning on investing in depot sorting and IT at the remaining facilities. ...
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| Express carriers to help shape U.S. export policy |
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Monday, June 10, 2013
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The Express Association of America (EAA), representing the four largest integrated express carriers, DHL, FedEx, TNT and UPS, said it is forming an Export Committee to manage policy issues that effect shipping products from the United States. “Over the past year, the U.S. government has made significant changes to the export controls regime for dual-use items and also is discussing changes to the information requirements for all products being exported,” Michael Mullen, executi...
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| AP: EU to approve Delta-Virgin deal |
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Monday, June 10, 2013
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According to an Associated Press report, EU regulators are poised to approve Delta Air Lines’ purchase of a 49-percent stake in Virgin Atlantic without conditions. Delta purchased the stake in Virgin last December for $360 million, and officials from both carriers have been waiting on the necessary regulatory approvals from the U.S. Department of Transportation and European Commission. Last month, news agencies reported the commission would likely rule on the deal by June 20.&nb...
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| Europe, Israel sign air agreement |
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Monday, June 10, 2013
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European and Israeli officials have signed a comprehensive air transport agreement, allowing carriers to fly between the countries on a limited basis. Current restrictions on flights will be eased over the next five years, and by 2018, both will enjoy unfettered access to each other's airports. “Israel is a key partner for the EU, and today's agreement is very important for further strengthening the overall economic, trade and tourism relations between Israel and th...
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| Executive moves |
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Monday, June 10, 2013
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Horizon Lines named William A. Hamlin executive vice president and chief operating officer. Hamlin joined Horizon in March 2011 as senior vice president of operations from Jamian McElroy & Hamlin, a consulting firm specializing in transportation and infrastructure, domestic and international security and environmental issues. He served as a partner at the firm from 2009 to 2011. Prior to that, he held various executive positions with Norwegian Cruise Line Holdin...
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| Trade nominee faces Senate confirmation panel |
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Friday, June 07, 2013
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President Obama’s nominee for U.S. Trade Representative, Michael Froman, spent Thursday on Capitol Hill telling the Senate Committee on Finance that his goals of promoting growth and bolstering the economy will be achieved by renewing Trade Promotion Authority and making sure pending free-trade agreements come to fruition. Obama tapped Froman, who has been serving as deputy national security advisor for international trade and economics, to run the agency on May 22. According to...
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| Volga-Dnepr brings new freighters to Paris-Vatry |
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Thursday, June 06, 2013
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Volga-Dnepr Airlines has signed an agreement with Paris-Vatry Airport, located to the east of Paris, to base up to three IL-76TD-90VD freighters at the airport. The carrier recently invested more than $100 million on its fleet of five IL-76TD-90VD freighters. The craft are more fuel efficient and less noisy than than the older IL-76 planes, which had been banned in Australia, Europe, Japan and North American. The planes also have an increased range and payload. “To...
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| Chairman: Collaboration key for global air cargo group |
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Wednesday, June 05, 2013
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As the new chairman of the Global Air Cargo Advisory Group (GACAG), Oliver Evans wants to build on the momentum created over the past two years and pave a clear path forward toward conquering new challenges. Evans, chief cargo officer of Swissport International Air Lines, assumed his new role when he recently took on the chairman position at The International Air Cargo Association. Atlas Air's Michael Steen served as the first GACAG chairman. GACAG, formed in 2011,...
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| Air New Zealand drops price-fixing challenge |
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Wednesday, June 05, 2013
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Air New Zealand has dropped its challenge against the New Zealand Commerce Commission and will plead guilty to price-fixing charges. The carrier had kept up its case while, over time, 10 carriers involved in the commerce commission’s investigation, which began in December 2008, pleaded guilty to fixing prices and surcharges on cargo shipments to the country. Most recently, Cathay Pacific Airways, Thai Airways and MASkargo admitted fault, paying $9.6 million in total for their c...
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| FedEx speeds up aircraft retirements |
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Wednesday, June 05, 2013
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In a nod to sluggish global economic activity, FedEx Express will accelerate the retirement of 66 older aircraft and 308 related engines that are less fuel efficient and less reliable than newer planes, the company said Monday. During the previous year ended Feb. 28, the FedEx airline spent $3.8 billion on fuel for its 660 aircraft. Last October, FedEx announced a $1.7 billion cost-cutting initiative. The express carrier will take a $100 million impairment charge o...
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| Washington Notebook: DOT selects experts for Freight Advisory Committee |
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Tuesday, June 04, 2013
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The U.S. Department of Transportation on Thursday named 47 professionals from industry, academia, labor, safety advocacy and government to its inaugural Freight Advisory Committee, which will provide advice and recommendations for improving the national freight transportation system. Its first order of business will be to help the department create a national freight transportation strategy, as required by last year's MAP-21 surface transportation law. The DOT said it sought to ...
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| Expeditors poised for strong second half |
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Tuesday, June 04, 2013
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A “pristine” balance sheet, an increasingly sunny outlook from management, and a focus on costs and margin improvement are indications that Expeditors International is poised for a strong end of the year, according to analysts at BB&T Capital Markets. Customers have said they will start shipping more during the second half of the year, and BB&T analysts think Expeditors will pick up on some of the business that left their company when they were getting undercut on pricin...
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| Cargolux launches Atlanta-Munich route |
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Tuesday, June 04, 2013
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Cargolux has launched weekly freighter service between Atlanta and Munich, routed through Luxembourg, on a Boeing 747-400 freighter. It serves as the carrier’s first regular airfreight service to and from Munich. International freight forwarding company Senator International Spedition will serve as Cargolux’s main import customer. According to officials, most of these imports will originate in Asia and the U.S., with Munich serving as a cargo consolidation point for goods flyin...
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| Executive moves |
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Tuesday, June 04, 2013
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NOL Group, the Singapore parent of the liner company APL, has appointed Tom Behrens-Sørensen to its board of directors. Behrens-Sørensen’s career included a 30-year tenure at A.P. Moller-Maersk, where he held several senior leadership roles. NOL said he led Maersk's expansion into China from 1994 through 2009. Based in Beijing, Behrens-Sørensen is a co-founder of the European Union Chamber of Commerce and of the Danish Chamber of Commerce in China. He has been...
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| IATA bumps up global profit estimate |
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Monday, June 03, 2013
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The International Air Transport Association bumped up its global airline profitability by $2.1 billion to a projected $12.7 billion in 2013. The industry generated $7.6 billion in profits last year. Despite the increase, and a new prediction of $711 billion in revenues this year, the industry’s profit margin will remain low at 1.8 percent. In 2010, the industry saw a profit margin of 3.3 percent, its highest since 2001 and best since 2007’s profit margin of 2.9 percent. This ye...
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| IATA: Global air freight up slightly in April |
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Thursday, May 30, 2013
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Global air cargo activity ticked up in April by 1.4 percent, year over year, after a 2.6-percent decline in March, according to the International Air Transport Association. Capacity rose by 1.2 percent. In the first four months of the year, activity has declined 0.6 percent, year over year, and capacity has basically been flat. “The small improvement in April means that economic conditions have not deteriorated to the point of starting a market contract...
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| Etihad launches globe-trotting freighter service |
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Thursday, May 30, 2013
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Etihad Cargo and Atlas Air Worldwide have launched a round-the-world freighter service, adding new services to Viracopos, Brazil; Quito, Ecuador; and Miami to its existing Boeing 747-8 routing. The globe-spanning service begins in Abu Dhabi, continuing on a Hong Kong-Chicago-Miami-Viracopos-Quito-Amsterdam routing before returning to the Middle East. “This goes beyond simply joining the dots, it’s about working with partners, operating routes which benefit our ...
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| U.S. trade with neighbors drops 4% in March |
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Thursday, May 30, 2013
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Trade value among the United States, Mexico and Canada hit $95.6 billion in March, a 4 percent decline from March 2012. Trucks carried 60 percent of the goods traded, with rail accounting for 16.5 percent of the goods moved, vessels taking on 8.1 percent of the cargo, and air transporting just 3.7 percent of the freight. Seven percent of the goods traded moved by pipeline. Trade between the United States and Canada finished March at $54.3 billion, a 2 percent d...
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| DHL confident in growth targets |
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Thursday, May 30, 2013
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At DHL’s annual general meeting, Frank Appel, the integrator’s chief executive officer, expressed confidence in previously announced earnings targets of 2.7 billion euros ($3.52 million) to 2.95 billion euros for 2013, despite the sour economy. Earnings targets for 2015 have been set at between 3.35 billion euros and 3.55 billion euros. Company growth will come from DHL’s new strategy, which is to help simplify customer services and expand the company’s network, fos...
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| Virgin Cargo to use Descartes for messaging |
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Thursday, May 30, 2013
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Virgin Atlantic Cargo has begun using a cloud-based air messaging system from logistics solutions provider Descartes Systems Group. Virgin will use Descartes’ Global Air Messaging Gateway to help standardize and automate its air cargo processes. "Using Descartes as our sole electronic messaging provider, we benefit from increased transparency and improved efficiency across our air cargo operations," said Gill Launders, head of corporate services at&nb...
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| ICAO signs agreement with Canada |
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Wednesday, May 29, 2013
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The International Civil Aviation Organization has signed a new agreement with Canada to keep the agency in its Montreal home through November 2036. The current agreement, signed in 1996, would have expired in 2016. “ICAO is very grateful to Canada and the local Quebec and Montreal governments for their continuing efforts to facilitate the work of our organization and its diplomatic missions,” ICAO's secretary general, Raymond Benjamin, said in a statement. “Montreal is the third...
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| U.S.-Saudi Arabia sign bilateral air service agreement |
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Wednesday, May 29, 2013
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The United States and Saudi Arabia on Tuesday signed an Open Skies air transport agreement that will expand commercial service for shippers and travelers, following a transition period, the U.S. State Department said. The agreement will permit unrestricted air service by the airlines of both countries between and beyond the other’s territory. It will also eliminate restrictions on how often carriers fly, the kind of aircraft they use and the prices they charge. The ...
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| ICAO, Air Transport Action Group fight carbon emissions |
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Tuesday, May 28, 2013
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Promoting best practices, supporting new strategy development and encouraging research are just some of the ways to reduce global emissions, according to a recently signed document between the International Civil Aviation Organization and the Air Transport Action Group. Roberto Kobeh Gonzalez, ICAO council president, and ATAG’s Paul Steele signed the joint statement agreement at the fourth ICAO Symposium on Aviation and the Environment. The document offers six key actions neede...
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| Washington Notebook: 787 meets new battery standards, returns to skies |
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Tuesday, May 28, 2013
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Japanese airline ANA resumed flights over the weekend with the Boeing 787 Dreamliner for the first time since problems with the plane's lithium batteries led the U.S. Federal Aviation Administration and other civil aviation authorities to ground the model from commercial service earlier this year, Randy Tinseth, vice president of marketing for commercial airplanes at Boeing, wrote in a blog post on the company's Website Monday. On May 20, United Airlines, the only U.S. carrier w...
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| Singapore Air parks second freighter |
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Tuesday, May 28, 2013
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Singapore Airlines Cargo will ground one of its Boeing 747 freighters next month until May 2014, according to media reports, leaving 11 freighters in the airline's fleet. Last December, the airline also placed a freighter in storage until 2014. A statement by SIA Cargo's president, Tan Kai Ping, blames the decision on the current weakness in the air cargo market resulting from over-capacity and the high price of fuel. He also left the door open for future freighter ...
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| Delta opens JFK expansion |
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Tuesday, May 28, 2013
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The first phase of Delta Air Lines’ Terminal 4, part of a $1.4 billion redevelopment, has opened at New York's John F. Kennedy International Airport. The new development includes nine additional international gates, seven gates that have been renovated, and a host of passenger terminal upgrades. The 346,000-square-foot expansion now makes the terminal one of the largest in North America. Construction of the second phase, which will include 11 more gates, will ...
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| Cargolux reduces concessions in union talks |
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Friday, May 24, 2013
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In the latest round of union talks, Cargolux has reduced its cost-savings target from $37 million for 2013 and 2014 to simply $12.5 million for next year, lowering the amount of concessions its unions would have to accept for a new collective-work agreement. The Luxemburg-based all-cargo carrier has been in negotiations with two trade unions, Luxembourg Confederation of Christian Trade Unions and the OGBL, over a new collective-work agreement. It released an official statement r...
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| FAA aids Dutch Caribbean |
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Friday, May 24, 2013
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The U.S. Federal Aviation Administration has signed an agreement with the Netherlands to coordinate airspace between the United States and Dutch-controlled Caribbean islands. The agency will also install FAA air navigation services and facilities in the area, share safety information and other data, and provide technical assistance on an as-needed basis. The FAA already provides air navigation services in the San Juan Flight Information Region, which is adjacent to Netherlands a...
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| Executive moves |
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Friday, May 24, 2013
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Americold, a temperature-controlled warehousing and logistics provider to the food industry, appointed Jed Milstein to executive vice president and chief human resources officer, and Jeff Hogarth to senior vice president for Asia-Pacific. Milstein joins Americold after serving as executive vice president of human resources for TransCentra, a billing and payments provider. Prior to this, he was the head of HR for Cerberus Operations and Advisory Co. Hogarth, a 23-yea...
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| Shipco sets up joint venture in New Zealand |
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Wednesday, May 22, 2013
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Non-vessel-operating common carrier Shipco Transport will start a joint venture with its longtime partner and agent Profreight in Auckland, New Zealand. Shipco New Zealand will take over all activities currently handled by Profreight in Auckland and will be staffed with the current Profreight employees. Gary Sayles will serve as managing director of the office. “We are looking forward to expanding our local relationships and developing new services,” Say...
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| Polar cargo adds Asia-U.S. route |
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Tuesday, May 21, 2013
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Polar Air Cargo Worldwide is adding two weekly flights between Hong Kong and Cincinnati in June. The airline will also add two Boeing 767-300 freighter services between Asia and Australia starting next month. The first 767-300 all-cargo flight will operate via Tokyo, Sydney and Incheon, with the second providing service to Taipei, Nagoya and Incheon. “We are continuing to enhance our network to ensure that we meet our customers' demand for capacit...
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| Drewry Air Freight Index - A slow climb in April |
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Monday, May 20, 2013
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Air freight rates out of Asia are slowly inching back up to February’s yearly high of $3.32 per kilogram, ending April at $3.21 per kilogram, a rise of $0.06 over March’s figure, according to the Drewry East-West Air Freight Price Index . The index measures the average per-kilogram price paid by forwarders to airlines on 21 major East-West routes. Each result factors in the base rate plus any security and fuel surcharges. February’s high-water mark came in $0.32 per kilo...
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| Airport cargo results enforce negative trend |
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Monday, May 20, 2013
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March tonnage numbers for four airports spanning the United States paint a mixed picture of the health of U.S. airports, but the general trend is one of cargo activity decline. Los Angeles International Airport handled 171,798 total tons of cargo in March, seeing 7,992 tons of mail and more than 163,000 tons of freight. While the mail result showed a 4.57 percent uptick, year over year, freight declined by 2.83 percent, leading to an overall decline of 2.51 percent. In the first...
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| Virgin Cargo optimistic about road ahead |
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Monday, May 20, 2013
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In its recently ended fiscal year, Virgin Atlantic Cargo boosted its market share on 30 routes, sometimes gaining up to 40 percent of the share of a given lane. That aggressiveness helped lead to cargo results that, despite a terrible cargo market, were basically flat when compared to the previous year. Virgin Cargo carried 214,737 tons of cargo in the 2012-2013 fiscal year, a 0.91-percent decline over the previous year. Revenues ended the fiscal year at 230 million euros ($295...
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| Maersk has profitable 1Q despite 'price war' |
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Friday, May 17, 2013
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Maersk Line made a profit of $204 million in the first quarter of 2013 compared to a loss of $599 million in the first quarter of 2012. It said the turnaround in the financial performance was achieved through lower costs, as revenue was unchanged at $6.3 billion in both quarters, and came despite price aggressiveness. Financial results for the world’s largest container shipping company were reported Friday morning by the A.P. Moller-Maersk Group, a conglomerate whose operations...
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| Aljex and AES Logistics integrate on intermodal rates |
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Friday, May 17, 2013
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AES Logistics and Aljex Software said Thursday the two companies have integrated AES Logistics rates into Aljex hosted software for quick access by Aljex users. AES is a provider of transportation services and supply chain logistics including truckload, less than truckload (LTL), ocean and air cargo service. Aljex is a provider of hosted transportation management software for brokers, carriers and other transportation providers. "Integration with AES provides sourci...
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| UPS releases new iPad app |
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Friday, May 17, 2013
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UPS today announced a new app for the iPad to let users easily track packages, find UPS shipping locations, and access UPS My Choice, all with enhanced mapping features. The UPS app for iPad enables customers to track packages and find locations where they can send shipments. Additionally, the app allows users of UPS My Choice to access all of the features of the service including the ability to reroute or reschedule delivery. UPS My Choice Premium members can also view their d...
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| Postal group signs deal with Amber Road |
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Thursday, May 16, 2013
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The Kahala Posts Group (KPG), an alliance of 10 postal administrations around the world, has signed a deal with the global trade management solutions provider Amber Road aimed at increasing their competitiveness in the international delivery market. KPG member organizations include the Australian Postal Corp., China Post Group, Correos y Telégrafos SAE, Groupe La Poste, Hongkong Post, Japan Post Co., Ltd., Korea Post, Royal Mail Group, Ltd, Singapore Post Limited and the U.S. Po...
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| Cathay sees April cargo decline |
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Wednesday, May 15, 2013
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Cathay Pacific saw cargo activity fall 0.6 percent, year over year, to 123,805 tons in April as capacity ticked up by 1.5 percent. So far this year, cargo tonnage has fallen 1.2 percent on a 3.2-percent capacity rise. The Asian air carrier’s James Woodrow said the cargo market still hasn’t recovered from its “major dip” in April 2011. Two years, he added, is an unprecedented period of cargo malaise. “While our tonnage last month was almost on a p...
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| LATAM passengers make up for weak cargo results |
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Wednesday, May 15, 2013
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Total revenues at LATAM Airlines inched up 1.5 percent, year over year, to $3.4 billon on the strength of the carrier’s passenger revenues, while cargo revenues fell 3.2 percent during the first quarter. As the group continues putting together the LAN and TAM businesses, it saw operating income shoot up 149.8 percent during the first quarter to $114.2 million as operating margin rose to 3.4 percent. Net income dropped 48.9 percent, year over year, to $42.7 million. ...
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| Yusen Logistics opening new Chicago warehouse |
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Wednesday, May 15, 2013
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Yusen Logistics (Americas) will open a new 229,000-square-foot warehouse in Chicago on May 20 that will employ 170 people. The warehouse will include 185,000 square feet dedicated to distribution and container freight station services, a climate-controlled area of 15,000 square feet, with separate freezer and refrigerated units totaling 3,000 square feet to accommodate the company’s growing perishables customer base. The new facility is located near the cargo entra...
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| DHL celebrates modest 1Q increases |
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Tuesday, May 14, 2013
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During the first quarter, DHL increased its revenues by 0.6 percent, year over year, to 13.4 billion euros ($17.4 billion), and before-tax earnings rose by 4 percent to 427 million euros ($553.9 million). Net income increased by 45 percent, year over year, but net profits fell to 498 million euros ($646 million) from a total of 529 million euros ($686.2 million) during the first three months of 2012. Frank Appel, DHL’s chief executive officer, noted these relativel...
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| Coyne: Third runway necessary at Heathrow |
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Monday, May 13, 2013
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A third runway at London Heathrow Airport is the only way to prevent a cargo capacity crisis, according to Larry Coyne, CEO of Coyne Airways. In a speech last week in London, Coyne said U.K. logistics firms are vulnerable to losing out on business to companies in mainland Europe if the capacity crunch is not addressed. His speech came in reaction to the push for an airport on Thames Island in London, a proposal that calls for a two-runway airport with rail and seapo...
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| Port of Seattle names Beckett deputy CEO |
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Monday, May 13, 2013
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The Port of Seattle promoted Kurt Beckett to deputy chief executive officer with primary responsibility for port infrastructure development and internal operations. The move will allow Tay Yoshitani, the port’s CEO, to focus on business development, attracting new shipping lines and air services to Seattle, and advancing policy issues central to the port’s competitiveness. “We’re facing stiff competition from ports throughout North America,” Yoshitani said in a sta...
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| FAA confirms budget fix ends furloughs |
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Monday, May 13, 2013
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The U.S. Department of Transportation made it official Friday that the Federal Aviation Administration will not furlough air traffic controllers or close 149 low-activity control towers at small airports to meet new budget requirements following recent congressional action. The Reducing Flight Delays Act allowed the FAA flexibility to move money from its Airport Improvement Program to the personnel account to cover $637 million in planned cuts that would have required cont...
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| Air Canada, Airbus form biofuels partnership |
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Monday, May 13, 2013
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Airbus, Air Canada and BioFuelNet Canada have formed a partnership to look into the long-term production of biofuels for Air Canada, with the first assessment due by the end of the year. The group is tasked with studying the different biofuels materials and processes, measuring the overall success of each method, and exploring any emerging technologies in the field. Air Canada has previously operated two flights fueled by a blend of jet fuel and biomass. The first, ...
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