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Kuehne+Nagel Focuses on Cost Measures

Swiss logistics and freight forwarding provider Kuehne+Nagel’s first quarter earnings declined from the same period in 2023, though the company’s sea and air logistics showed slight improvement.First quarter net turnover was down 18 percent to US$6.06 billion, with an EBIT of US$414 million and earnings before minorities of US$306 million. The results were lower overall and impacted by negative exchange rate effects of 3 percent relative to the prior year.The ... [+]

FAA Awards $187 Million in Airport Grants

The U.S. Department of Transportation’s Federal Aviation Administration has awarded another round of funding for 90 airport-related infrastructure grants, totaling US$186.7 million across 34 states.The projects are funded under President Biden’s Bipartisan Infrastructure Law Airport Infrastructure Grants (AIG) program, part of the US$25 billion total ... [+]

GEODIS Tackles Colombia, Canada Moves

Global logistics provider GEODIS recently completed a complex air cargo transport to Colombia, and has contracted to provide inbound logistics for Canada’s National Shipbuilding Program.GEODIS’s Colombian just-in-time logistics operation featured oversized thermocompressors via Antonov AN-124, the world’s largest cargo aircraft. The move required transporting 249 ... [+]

ANTONOV Flies Yacht to America’s Cup Match

ANTONOV Airlines, an expert in super-heavy and oversized air transportation, completed the transport of the "flying" AC75 racing yachts for the American Magic team and supporting cargo from Providence, Rhode Island, to Barcelona, Spain, where the American Magic team is preparing to participate in the ... [+]

IATA, Partners Create Net Zero Roadmap Guide

The International Air Transport Association, together with several industry organizations, have released the first publication to compare 14 leading net zero CO2 transition roadmaps for aviation.In creating the Aviation Net Zero CO2 Transition Pathways Comparative Review, IATA collaborated with the Air Transportation Systems Laboratory at ... [+]

US Air Cargo Continues Strong Start, Xeneta

Global air cargo continued its positive start to 2024 with a second consecutive month of double-digit growth in February, according to Xeneta’s weekly marketing analysis.Air freight’s January’s 11 percent volume growth saw similar improvement in February for airlines and freight forwarders, with demand increasing more ... [+]

Hactl pact urges tenants: Waste not, want not

Hong Kong Air Cargo Terminals Limited (Hactl) has launched a voluntary Green Terminal Pact (GTP) to encourage its SuperTerminal 1 tenants to reduce carbon footprint and create an environmentally-conscious workplace.  It will also help them prepare for Hong Kong’s Municipal Solid Waste (MSW) Charging Scheme. Hactl ... [+]

CargoAi offers load board for spot freight

The CargoAi online marketplace is now offering an Air Freight Load Board for spot cargo. Airlines can now access a comprehensive database of available freight, complete with detailed cargo specifications, in their CargoMART Airline App.Users can browse through a wide range of available freight listings, ... [+]

IAG Cargo seeks IT talent

IAG Cargo wants to increase its IT and digital team with more than 60 roles, more than doubling its size. It is looking for people who want to work in a fast-moving and empowering environment, dedicated to enhancing customer experience.The expansion is ... [+]

DB Schenker onboard courier service goes global

German-owned global forwarder DB Schenker has an onboard courier (OBC) service for urgent small and high-value shipments as part of ‘white glove’ portfolio. After an initial trial period, DB Schenker has set up an OBC service team operating from three different continents to guarantee round the ... [+]

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