Logistics provider Pilot Freight Services (PFS) has promoted Eduardo Sanjurjo into the role of general manager, Europe. Sanjurjo, who has... Read More The post Pilot Freight Services names general manager Europe appeared first on Air Cargo News. ...
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The Suez Canal Authority yesterday formally arrested the Ever Given. An Egyptian judge granted permission for the SCA to seize the vessel after it lodged a $916m compensation claim against its Japanese vessel owner, Shoe Kisen. The SCA says it intends to maintain the vessel’s arrest until the claim is paid, a position that...
IAG Cargo has described the airfreight market as “incredibly busy” with particularly strong growth in e-commerce and automotive sectors, as... Read More The post IAG Cargo and Seabury report on busy airfreight market appeared first on Air Cargo News. ...
The Australian Financial Review (AFR) reports: Private equity firm Allegro Funds is in the box seat to acquire Toll Group’s Australian freight and freight forwarding arm, Toll Global Express. Toll owner Japan Post received two offers for the Global Express unit a fortnight ago, and was expected to nominate one bidder for a final...
Al Jazeera reports: (Taipei says 25 Chinese air force aircraft entered Taiwan’s air defence identification zone and flew in an area close to the Pratas Islands on Monday.) Twenty-five Chinese air force aircraft including fighter jets and nuclear-capable bombers entered Taiwan’s air defence identification zone (ADIZ) on Monday, the island’s government said, the...
Worldwide Flight Services (WFS) has appointed Jennifer Smith into the role of UK commercial director, cargo and ground handling. Smith,... Read More The post WFS names UK commercial director of cargo and ground handling appeared first on Air Cargo News. ...
Deutsche Post DHL’s first quarter operating earnings reached record levels, according to preliminary results. Preliminary operating profit (ebit) for the... Read More The post DP DHL notes its strongest Q1 ebit in preliminary figures appeared first on Air Cargo News. ...
In four short years, former Allegiant president Jude Bricker has taken the Midwest niche carrier from near-death to a stock... Read More The post How Jude Bricker transformed Sun Country, helped by cargo appeared first on Air Cargo News. ...
SpiceXpress, the cargo division of SpiceJet, has launched a new service connecting Mumbai and Delhi in India with Bangkok in... Read More The post SpiceXpress launches service connecting India and Thailand appeared first on Air Cargo News. ...
There are reports of “sharp increases” in Asia-Europe container spot rates this week, as the fallout from the week-long Suez Canal blockage restricts both vessel and equipment capacity in Asia. Today’s Ningbo Containerized Freight Index (NCFI) North Europe and Mediterranean component jumped by 8.7%, almost matching the 8.6% increase on the Shanghai...
