Airfreight news – Page 27
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Panalpina grows as oil business slows
April 21 - Panalpina posted an EBIT of CHF24 million (USD24.6 million) and a consolidated profit of CHF17.3 million (USD17.8 million) for the first quarter of 2016, despite the continued contraction of the global oil and gas business.
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Agility strengthens in Colombia
April 7 - Agility has expanded its operations in the Latin American market with the establishment of new offices in Bogota, Medellin and Cali in Colombia.
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Emirates extends Cambodian coverage
April 6 - Emirates SkyCargo has launched a weekly freighter service to Phnom Penh, Cambodia.
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Agility prepares for challenges
March 29 - Agility recorded a net profit of KWD53 million (USD175 million) in the 2015 financial year, a 5 percent increase compared with 2014.
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ABC flies high in February
March 24 - AirBridgeCargo Airlines (ABC) has recorded a 15 percent year-on-year growth in airfreight volumes in February, transporting over 37,000 tonnes across its global route network.
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'Positive trend' at DB Schenker
March 17 - DB Schenker's volume of European overland and airfreight consignments rose by 2.9 percent and 1.4 percent year-on-year respectively in 2015, while its ocean freight volumes fell 2.1 percent.
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Air charter broker signs exclusive deal
March 10 - Chapman Freeborn Airchartering and RUS Aviation have signed an exclusive cargo sales agreement, which aims to provide clients with airfreight solutions from Hong Kong to the Middle East and surrounding markets.
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K+N profit up in 2015
March 3 - Despite recording a 4.4 percent year-on-year drop in turnover for 2015 at CHF16.7 billion (USD16.72 billion), Kuehne + Nagel posted EBITDA of CHF1.04 billion (USD1.041 billion) - a 3.6 percent increase compared with 2014.
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FSM expands in Caucasus
March 2 - F.S. Mackenzie Group (FSM) has opened a new office Tbilisi, Georgia, which it says will act as a gateway for imports to the Caucasus region.
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Panalpina results 'prove resilience'
March 1 - Panalpina's gross profit for 2015 decreased 7.1 percent year-on-year to CHF1.47 billion (USD1.46 billion), while its EBIT was slightly up compared with 2014 at CHF117.2 million (USD117.1 million).
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'Great year' for Atlas Air
February 19 - Atlas Air Worldwide Holdings posted an adjusted net income of USD125.3 million for the 12 months ended December 31, 2015, compared with USD93.4 million in 2014.
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BDP 'bullish' on Egypt
February 10 - BDP International is to open an office in Cairo, Egypt this month, which will be overseen by country manager, Emad Tawfik.
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Blue Water in chopper flight
February 4 - Blue Water Shipping has transported an Airbus EC120 helicopter from Norway to Malaysia by air.
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Pacific Forum in Polynesian merger
January 29 - Polynesian Shipping Line (PSL), which is owned by Neptune Pacific Line, has concluded an agreement to merge with Pacific Forum Line (PFL) with effect from January 31, 2016.
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Iranian JV launched
January 21 - Following the easing of trade sanctions imposed on Iran, UK based Seafast Logistics and Iranian logistics provider Seven Seas Tehran have partnered up to create the joint venture, Iran Shipping & Logistics Limited (ISLL).
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Jones steams into Röhlig
January 8 - Röhlig Logistics has appointed Richard Jones as senior logistics advisor, to assist the German company in the development of its global multimodal services and project logistics activities.
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New regional director at Cargolux
December 8 - Jonathan Clark will join all-cargo airline Cargolux as its new regional director Africa, effective February 1, 2016.
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Lufthansa and ANA expand agreement
December 2 - One year after its original launch, Lufthansa Cargo and All Nippon Airways Cargo (ANA) are expanding their network joint venture between Europe and Japan by adding Fukuoka and Sapporo as destinations.
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Cargolux makes deal with unions
December 2 - Cargolux has announced that a major breakthrough has been reached between the all-cargo carrier and two of the unions representing its crews - OGBL and LCGB - possibly ending a 15-month-long dispute that appeared to be headed toward a strike.
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Air Partner inks UAE deal
November 26 - Air Partner has signed a memorandum of understanding (MoU) with Air Cargo Integrators (ACI), which will see the two companies work together to develop their freight charter and global airfreight products.