Frankfurt Cargo Services (FCS) has inked a new multi-year cargo handling contract with China Airlines which will extend their deal at Frankfurt Airport, Germany’s biggest air cargo gateway, to more than 25 years.
Seattle, US-based forwarder Expeditors reports its profits declined in Q2 despite airfreight revenues improving by 14.5 per cent and volumes by 15 per cent. However, airfreight expenses rose by 22.9 per cent compared to 2023 and its ocean business also suffered.
Korean Air says its Q2 2024 financial results show a record quarterly revenue of KRW4.0237 trillion (US$2.8964 billion), representing a 14 per cent increase year-on-year.
Revenue from the passenger business rose by 10 per cent year-on-year to KRW2.4446 trillion.
Transport and logistics company Gebrüder Weiss has opened a warehouse in Chengdu, China and is offering e-commerce services.
UAE flag carrier Etihad Cargo has restructured its global network into four regions managed by newly-appointed directors: South Asia and Oceania (SAPAC, India,
Hong Kong Air Cargo Terminals Limited (Hactl) has opened a dedicated Lithium Batteries Storage Zone, equipped with CO2 fire suppression systems and fire-proof partitions to segregate battery cargo from other shipments.
Increased provision of fire extinguishers will also help to contain any battery fire and reduce the risk of spread.
The new zone will be clearly indicated by LED signage across its multiple floor levels, to ensure all battery cargo is correctly stored and that retrieval is more efficient.
Pictured: Hactl’s new Lithium Batteries Storage Zone features CO2 fire suppression systems and fire-proof partitions.
Spain-based IAG Cargo has reported commercial revenues of EUR566 million for the period from January 01 to June 30, 2024.
Hyundai Motor Group's logistics unit Hyundai Glovis is considering investing in a consortium led by Air Incheon, the preferred bidder to acquire Asiana Airlines’ cargo business.
Frankfurt Cargo Services (FCS) has inked a new multi-year cargo handling contract with China Airlines which will extend their deal at Frankfurt Airport, Germany’s biggest air cargo gateway, to more than 25 years.
Seattle, US-based forwarder Expeditors reports its profits declined in Q2 despite airfreight revenues improving by 14.5 per cent and volumes by 15 per cent. However, airfreight expenses rose by 22.9 per cent compared to 2023 and its ocean business also suffered.
Korean Air says its Q2 2024 financial results show a record quarterly revenue of KRW4.0237 trillion (US$2.8964 billion), representing a 14 per cent increase year-on-year.
Revenue from the passenger business rose by 10 per cent year-on-year to KRW2.4446 trillion.
Transport and logistics company Gebrüder Weiss has opened a warehouse in Chengdu, China and is offering e-commerce services.
UAE flag carrier Etihad Cargo has restructured its global network into four regions managed by newly-appointed directors: South Asia and Oceania (SAPAC, India,
Hong Kong Air Cargo Terminals Limited (Hactl) has opened a dedicated Lithium Batteries Storage Zone, equipped with CO2 fire suppression systems and fire-proof partitions to segregate battery cargo from other shipments.
Increased provision of fire extinguishers will also help to contain any battery fire and reduce the risk of spread.
The new zone will be clearly indicated by LED signage across its multiple floor levels, to ensure all battery cargo is correctly stored and that retrieval is more efficient.
Pictured: Hactl’s new Lithium Batteries Storage Zone features CO2 fire suppression systems and fire-proof partitions.
Spain-based IAG Cargo has reported commercial revenues of EUR566 million for the period from January 01 to June 30, 2024.
Hyundai Motor Group's logistics unit Hyundai Glovis is considering investing in a consortium led by Air Incheon, the preferred bidder to acquire Asiana Airlines’ cargo business.
