Airfreight news – Page 33
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PCN duo on the move
March 16 - The Project Cargo Network (PCN) members have transported oversized cargo around the world.
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Atlas Air's fourth quarter high
March 2 - Atlas Air Worldwide Holdings (AAWW) achieved record revenues for the fourth quarter of 2016, reporting an adjusted income from continuing operations totalling USD59 million, compared with USD39.4 million in the fourth quarter of 2015.
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Panalpina's volumes rise while profits fall
March 2 - Despite Panalpina recording its highest air freight volumes since 2007, its gross profit margins in both air and ocean freight declined in 2016.
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Volga-Dnepr flies for deugro
February 20 - Volga-Dnepr Airlines has operated a series of AN-124-100 and IL-76TD-90VD charter flights to transport equipment for a new liquefied natural gas (LNG) production plant on the Yamal Peninsula in northwest Siberia.
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DSV's fourth quarter high
February 13 - DSV has reported a net revenue increase of 39.8 percent in the fourth quarter of 2016, amounting to DKK17.6 billion (USD2.5 billion), which DSV claims is largely due to the acquisition of UTi Worldwide.
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Crane Worldwide invests
January 31 - Houston-based, Crane Worldwide has opened an additional logistics facility at Amsterdam airport in the Netherlands, which will function as its country head office.
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Good move on the Mersey
January 27 - John Good Shipping is opening a refurbished, 2,200 sq ft (204.4 sq m) office at Burlington House near the Port of Liverpool, to further expand its freight forwarding, ship agency and airfreight activities in the northwest of the UK.
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Airfreight prepare for takeoff at Luxembourg
January 24 - The growth of airfreight at Luxembourg Airport continued increasing by 8.2 percent compared with 2015, with an 8.5 percent growth in oversized shipments.
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Encouraging signs for airfreight
January 11 - The International Air Transport Association (IATA) released data for global airfreight markets showing that demand, measured in freight tonne kilometers (FTK), rose 6.8 percent in November 2016 compared to the previous year.
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Airfreight demand picks up pace
December 8 - The International Air Transport Association (IATA) released data for global air freight markets in October 2016 showing that demand, measured in freight tonne kilometers (FTKs), rose 8.2 percent year-on-year in October, the fastest pace of gr
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Warriors see Fairplay
November 9 - Denmark's Fairplay Shipping has completed the return of an important exhibition of China's first Emperor, Qin Shi Huang's Terracotta Warriors to China.
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Atlas Air posts third quarter loss
November 3 - Atlas Air Worldwide Holdings posted a loss from continuing operations in the third quarter of 2016, which it attributed to "nondeductible expenses triggered by shareholder approval of warrants granted to Amazon".
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DSV freight volumes grow
November 2 - DSV's Air & Sea division has posted a 51 percent year-on-year increase in sea freight volumes for the first nine months of 2016, along with an 84 percent increase in airfreight volumes, when compared with the same period last year.
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ABC heads to Heathrow
November 2 - London's Heathrow Airport has welcomed AirBridgeCargo Airlines (ABC) as its second dedicated cargo-only service.
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Panalpina posts 'stable' figures
October 25 - In the first nine months of 2016, Panalpina recorded a slight increase in EBIT and consolidated profit, when adjusted for a second-quarter restructuring provision of CHF26 million (USD26.1 million).
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Nielsen joins Cargolux
October 7 - Cargolux Airlines International has appointed Chris Nielsen as its vice president, sales.
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Ruslan delivers to Zimbabwe
October 4 - Ruslan International has flown a 79-tonne shipment of switchgear equipment from Dubai, UAE to Harare in Zimbabwe for power provider Aggreko.
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C.H. Robinson in APC buy
September 15 - C.H. Robinson has entered into a definitive agreement to acquire APC Logistics, a provider of freight forwarding and Customs brokerage services in Australia and New Zealand.
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LM-100J production makes progress
September 13 - Production of the first LM-100J commercial freighter is making significant progress at Lockheed Martin's facility in the USA.
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AirX enters airfreight charter market
September 6 - Passenger charter airline AirX has taken its first foray in to the air cargo market having acquired a stake in Via Airlines - a Part 121 operator.