Latest news from Heavy Lift & Project Forwarding International Magazine

Carriers must embrace change, says Coyne

May 23 - Larry Coyne, ceo of Coyne Airways, told delegates at the 10th annual meeting of the Air Cargo Club (ACC) that carriers must embrace change in order to survive in a new airfreight landscape defined by emerging global brands, modal shift and growin

Cargo migrating to both surface transport and passenger planes has changed the economic of freighter operations, said Coyne at the ACC meeting in France. Passenger carriers are becoming bigger and more aggressive players in the long haul freight business, and ownership of large freighters is becoming an unattractive proposition, he added.

Coyne referred to a recent survey by Seabury revealing that an estimated 15.2 million tonnes of airfreight had been lost to surface transport between 2000 and 2013 - equal to 11,000 B777 freighter flights a year.

He also suggested that with legacy carriers lining up to co-brand, having a small number of world brands will make life difficult for independent carriers "unless they have a special niche they can protect".

Heavy Lift | News

Caldwell calls on Peacock thumbnail image

Caldwell calls on Peacock

October 11 - USA-based Caldwell Group has appointed Malcolm Peacock as a business development specialist as the company looks to expand in the Middle East.
Views: 1035
Trade wars take their toll on confidence thumbnail image

Trade wars take their toll on confidence

October 10 - Confidence in the shipping industry has fallen to its lowest level for two-and-a-half years, according to the latest survey from BDO.
Views: 602
Kotug International and Horizon join forces thumbnail image

Kotug International and Horizon join forces

October 10 - Kotug International and Horizon Maritime Services have formed Kotug Canada, a joint venture that will offer terminal and harbour towage services across Canada.
Views: 681

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