“You need to spend time crawling alone through shadows to truly appreciate what it is to stand in the sun.” ― Shaun Hick It’s party time at Ceva Logistics! It was in the black in the third-quarter: $15m was the headline, adjusted number for the CMA CGM-owned 3PL’s bottom line ($8m unadjusted). And there is more good news,...
The focus of vaccine distribution so far has been on airline capacity and the ability to deliver at the correct temperature – but security will also be crucial, with armed escorts and convoys expected to be used. In fact, it will be “the biggest security challenge for a generation” according to the...
The good news of Pfizer and BioNTech’s Covid vaccine has been tempered by the requirement that it needs to be stored at -70C or below – a tough challenge for the logistics business. A recent survey by phamra.aero and Tiaca found that only 15% of respondents said they could handle vaccines that require...
As Atlas Air prepares to announce (presumably strong) third-quarter results tomorrow, the increasingly bitter battle with its pilots continues – out of the view of the keen eyes of investors. Negotiations appear to have gone from worse, to even worse and worse still. At The Loadstar’s request, both parties have explained their differences – but...
The dearth of air freight capacity has led to an increasing number of offers for freighters that either do not exist, or are parked in the desert not ready to fly. Charter brokers claim scams became prevalent during the PPE rush, as governments and inexperienced bookers urgently sought capacity. “Regretfully, it’s becoming more...
Atlas Air, Kalitta Air, Western Global and Amerijet have been asked to return $631m in coronavirus funding, paid via the US Payroll Support Programme. Congressman James Clyburn, chairman of the select subcommittee on the coronavirus crisis, wrote to each chief executive asking them to demonstrate that the funds were needed to keep...
PRESS RELEASE: The acquisition is the second one during 2020 whilst opening in several new countries in Europe. Scan Global Logistics is expanding their footprint even though the pandemic has been disrupting the transport and logistics market. Scan Global Logistics announces the new acquisition of PostNord’s Swedish Air & Ocean activities as...
Air cargo is having a year in the limelight: the segment has kept planes flying and airport operations going, but its temporarily elevated status does not guarantee funding for freight-related projects, or even a louder voice in airport boardrooms. Meanwhile, Frankfurt Airport is addressing trucking congestion with a second parking area in...
Atlas Air (AAWW) pilots, still negotiating their new contract, have complained that the airline is now ‘moving the goalposts’. The pilots claim they have provided, as ordered by a court, the seniority integration list, and negotiations have resumed – but one pilot noted on social media that “in over a four-year history...
