Latest news from Heavy Lift & Project Forwarding International Magazine

ACS soars in 2016

May 2 - Air Charter Service (ACS) has reported a strong 2016, with an 8 percent increase in revenue, totalling GBP342 million (USD441.8 million) in the year ending January 31, 2017.

Justin Bowman, ceo, said: "We arranged almost 12,500 contracts in 2016 and generated revenue of GBP342 million (USD441.8 million) - pleasingly the strong growth was evenly spread across our 20 offices worldwide, there was even an upturn in our Russian offices' fortunes, following recent economic troubles in the region.

"In the previous financial year we did a lot of high turnover, large aircraft business around the US West Coast port strike in early 2015, which slightly skewed our Cargo department's figures. 2016 saw no 'exceptional events' and, due to this, our cargo department suffered a slight drop in terms of turnover, however underlying revenue increased by 5 percent. Volumes were also up - an increase of more than 6 percent in cargo charter contracts.

"We are extremely confident about this current year and beyond and that our growth will continue. Despite the various worldwide political instabilities, and unknown challenges, currently things are looking good."

 

www.aircharterservice.com

Heavy Lift | News

Fesco and RZD team up to link Europe and Asia thumbnail image

Fesco and RZD team up to link Europe and Asia

May 24 - Fesco Transportation Group and Russian Railways Logistics (RZD Logistics) are launching a Trans-Siberian multimodal service to expedite the delivery of goods from Japan to Europe via Russia.
Views: 373
POSH to launch maritime training centre in Taiwan thumbnail image

POSH to launch maritime training centre in Taiwan

May 24 - POSH Kerry Renewables – a joint venture of PACC Offshore Services Holding (POSH) and Kerry TJ Logistics – has signed a memorandum of understanding (MoU) to develop Taiwan’s first specialised maritime training centre. 
Views: 303
PPG restructures training course thumbnail image

PPG restructures training course

May 24 - The Project Professionals Group (PPG) has restructured its project cargo forwarding training course into a one-day format.
Views: 317

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