France-based container shipping line CMA CGM is set to enter the air cargo market with a fleet of four Airbus... Read More The post Shipping line CMA CGM to launch A330F air cargo operation appeared first on Air Cargo News. ...
A new superport is set to be created in north-west Europe after the Belgian ports of Antwerp and Zeebrugge announced today that they will formally merge. Talks between the municipal authorities of Antwerp and Bruges began in 2018 and unification will put the superport within touching distance of nearby rival, Europe’s largest container hub, Rotterdam. Last year, the two ports handled 13.8m (Antwerp, 12m teu, and...
Shippers are resigned to the probability that container spot freight rates from Asia will remain at their current high levels for some time after Chinese New Year. Today’s beginning of the Chinese lunar new year would usually herald several weeks of downward pressure on freight rates, but so far there are no indications...
CargoJet has confirmed plans to enter the B777 freighter market and add extra B767F aircraft to meet international growth opportunities.... Read More The post CargoJet confirms B777F additions as it targets international growth appeared first on Air Cargo News. ...
Cargo handler Worldwide Flight Services (WFS) has opened a new 250,000-tonne capacity cargo terminal at Brussels Airport. The new 25,000... Read More The post WFS opens new cargo terminal at Brussels airport appeared first on Air Cargo News. ...
High levels of congestion at major container gateways have led to declining direct port calls by mainline Asia-North Europe vessels, and increased the likelihood that the UK could become a feeder market. Over the past few months, the ranks of deepsea vessels omitting direct calls and unloading UK-bound cargo at north-west continental Europe gateways have swelled,...
While air cargo capacity is expected to remain constrained in the short term, opinion is divided on the supply-demand balance... Read More The post Long-term air cargo capacity outlook remains uncertain appeared first on Air Cargo News. ...
Chinese express giant SF Holding is to acquire a 51.8% stake in Hong Kong’s Kerry Logistics Network – a landmark $2.3bn deal creating the “biggest logistics group in Asia”. In a filing to the Shenzhen stock exchange late last night, SF Holding, which operates courier firm SF Express, said the move would...
Swissport International has appointed Warwick Brady as the company’s new president and chief executive. Brady will replace Christoph Mueller, who... Read More The post Warwick Brady takes CEO role at handler Swissport appeared first on Air Cargo News. ...
Sources have indicated that ECU Worldwide is currently undergoing a cyber attack. The company has not officially confirmed the nature of the problem, but one staff member told The Loadstar that all the systems are down. “It’s global, and it’s been problematic for a couple of days. None of us can connect,”...
