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A collection of 2153 posts

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UK Logistics Leaders Warn Politicians Underestimate Sector's £163bn Economic Value

Leaders within the UK's logistics industry are sounding the alarm that politicians do not comprehend or appreciate the sector's immense value to the national economy. The industry, which contributes an estimated £163 billion in Gross Value Added, is often overlooked in governmental policy and planning. Key

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National Airlines Completes Test Flights for Second Boeing 777 Freighter

National Airlines has successfully completed the final test flights for its second Boeing 777 Freighter. The aircraft, registered as N703NA, underwent preparations at the carrier's facility in Victorville, California. This addition marks a significant step in the airline's fleet modernization and expansion strategy. Following the introduction

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DHL Express Enters Heavyweight Market with New 3,000 kg Global Service

DHL Express has officially launched a new global door-to-door service called DHL Express Worldwide, targeting heavyweight shipments. This service is designed to handle individual pieces weighing up to 3,000 kilograms, with even greater total shipment weights possible. The time-definite offering simplifies logistics for customers by providing

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Taiwan in Talks with Iran to Secure Safe Passage for Evergreen Ships in Gulf Region

Taiwan's government has reportedly initiated direct talks with Iran to ensure the safety of its flag-carrier's container ships. The discussions aim to secure safe passage for Evergreen vessels, which are currently avoiding the Red Sea due to Houthi rebel attacks. As a result, ships are

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IAG Reports Strong Q1 Earnings Driven by Passenger Demand, Offsetting Cargo Decline

International Airlines Group (IAG) has announced a powerful start to 2024, reporting a first-quarter operating profit of €68 million. This marks a significant increase from the €9 million profit recorded in the same period last year and represents the group's best Q1 result since 2019. The positive

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India Solidifies Role as Emerging Global E-Commerce and Air Cargo Hub

India is rapidly positioning itself as a central hub for global e-commerce fulfilment, driven by its booming domestic market and strategic location. Government initiatives like 'Make in India' and the National Logistics Policy are accelerating this transformation. The country's e-commerce sector is projected to

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Heathrow Airport Reports Busiest Day on Record

London's Heathrow Airport experienced its busiest day in history on Sunday, 23 June, with nearly 271,000 passengers passing through its terminals. This new milestone surpasses the previous record, which was set just a month prior in May. The airport is now bracing for what is expected to

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Brazil Reverses Policy, Will Allow Shipping Lines to Bid on Key Santos Port Terminal

The Brazilian government has announced a significant policy change for the upcoming tender of the Tecon10 container terminal at the Port of Santos. In a reversal of previous rules, major shipping lines will now be permitted to bid for and hold a majority stake in the terminal. This move is

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American Airlines to Discontinue Shortest International Route to Mexico

American Airlines has announced the discontinuation of its shortest international route, which connects Austin, Texas (AUS) with Cozumel, Mexico (CZM). The seasonal service, operated by American Eagle with Embraer E175 aircraft, was first launched in June 2021. The route spans 891 miles and is scheduled to operate its final flight

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British Airways Owner IAG Confirms Order for Six Airbus A321neo Jets for Aer Lingus

International Airlines Group (IAG), the parent company of British Airways, has placed a firm order for six new Airbus A321neo aircraft. These new jets are specifically for its Irish carrier, Aer Lingus. The deal converts previous options into a confirmed purchase, with deliveries scheduled for 2024 and 2025. The modern,

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UK's Largest Regional Airline, Loganair, Put Up For Sale Again

Loganair, the United Kingdom's largest regional airline, has been put on the market for the second time in 18 months. The current owners, brothers Stephen and Peter Bond, are seeking a new buyer to secure the long-term future of the Scottish carrier. This decision follows a previous

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FedEx Extends Life of 30-Year-Old MD-11 Freighter Fleet for Another Decade

FedEx has decided to continue operating its aging fleet of McDonnell Douglas MD-11 freighters, which have an average age of 30 years. The logistics giant plans to keep these aircraft in service for at least another decade. To support this strategy, the company is investing in modernizing the MD-

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Cathay Cargo and DHL Partner to Deliver Logistics for Hong Kong Sevens

Cathay Pacific Cargo has partnered with DHL Global Forwarding to manage the logistics for the Hong Kong Sevens rugby tournament. The collaboration involved transporting 5,400 kilograms of essential equipment for the event. This shipment included team kits, training gear, and broadcasting equipment. The cargo was flown from London Heathrow

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Emirates Cargo Chief Nabil Sultan Promoted to Executive Passenger Sales Role

Nabil Sultan, the long-serving head of Emirates SkyCargo, has been promoted to a new, significant role within the airline. He will now serve as the executive vice president for passenger sales and country management. The promotion follows a decade in which Sultan led the cargo division through periods of

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Spirit Airlines' Minneapolis Exit Triggers Dramatic Fare Hikes, Highlighting Nationwide Impact of ULCC Departures

Following Spirit Airlines' departure from Minneapolis-Saint Paul International Airport (MSP) in June, airfares on its former routes have surged, with some more than doubling. Data shows significant price increases for flights to popular destinations like Las Vegas, Los Angeles, and Orlando. This phenomenon, dubbed the 'Spirit Effect,

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Air Charter Service Reports 35% Revenue Growth in First Quarter

Air Charter Service (ACS) has announced a significant 35% increase in revenue for the first quarter of 2024, reaching £250 million. This performance is measured against the same period in 2019, establishing a new pre-pandemic benchmark for the company. CEO Justin Bowman noted that the market is stabilizing and

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Kuehne + Nagel's Financial Performance Declines Following Major Leadership Transition

Logistics giant Kuehne + Nagel has reported a significant downturn, with first-quarter EBIT falling by 43% and revenues dropping 18%. The decline is attributed to the normalization of the freight market post-pandemic and the absence of former CEO Detlef Trefzger's strategic direction. Analysts suggest the company is

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Avianca Cargo Transports Over 20,100 Tonnes of Flowers for Mother's Day Season

Avianca Cargo successfully managed its Mother's Day peak season, transporting more than 20,100 tonnes of flowers between April 15 and May 7. This volume represents an 18% increase compared to a regular week for the carrier. The operation required over 340 flights originating primarily from Bogotá, Medellín,

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DP World Launches War Risk Insurance for Middle East Cargo Shipments

Global logistics giant DP World has introduced a new insurance policy for cargo owners shipping goods to the Middle East. The initiative is a direct response to heightened security threats and disruptions in regional trade routes, particularly the Red Sea. This new policy specifically covers war and strike risks, which

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Ryanair Expands Cardiff Airport Base with Two New European Routes

Ryanair has announced an expansion of its services from Cardiff Airport for its summer 2024 schedule. The airline is adding two new routes to popular holiday destinations, Malaga in Spain and Faro in Portugal. These new flights will each operate twice a week, beginning in the summer season. This expansion

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Qantas Reinvests in Airbus A380 Fleet to Support World's Longest Flights

Qantas is doubling down on its Airbus A380 fleet with a multi-million dollar refurbishment program, contrary to the industry trend of retiring the superjumbo. The upgrade will introduce new Business Class and Premium Economy seats, along with a refreshed First Class cabin and an expanded lounge. The airline will

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EasyJet Launches New Route from Southampton to Majorca

EasyJet has announced a new, twice-weekly service from Southampton Airport to Palma, Majorca, starting on May 29. This is the first time the airline will operate this route from the Hampshire-based airport. In addition to the new Majorca flights, easyJet is also relaunching its popular route to Alicante

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Loganair, UK's Largest Regional Airline, Put Up For Sale

Loganair, the United Kingdom's largest regional airline, has been officially put up for sale by its owners, Stephen and Peter Bond. After 25 years of involvement, the owners stated it is the right time for new ownership to take the airline to its next stage of development. The

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Wizz Air Announces First-Ever Flights from Edinburgh Airport

Wizz Air is set to launch its first-ever services from Edinburgh Airport, marking a significant expansion for the carrier in Scotland. The airline will introduce three new routes connecting the Scottish capital with Eastern European destinations. Flights to Bucharest, Budapest, and Gdansk are scheduled to commence in November. This

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Worldwide Flight Services Elevates Animal Welfare Standards with IATA CEIV Certification

Worldwide Flight Services (WFS) has successfully obtained IATA's Center of Excellence for Independent Validators for Live Animals Logistics (CEIV Live Animals) certification for its cargo terminals in Brussels and Hong Kong. This achievement validates WFS's adherence to the highest industry standards for the safety and welfare