Sunday, June 19 represented a new milestone for Columbus-based Rickenbacker International Airport (LCK) in the United States when a 747-400 freighter arrived from Colombo’s Bandaranaike International airport in Sri Lanka. The Etihad Cargo plane chartered by New York-based Trinity Logistics is the first weekly flight from Colombo to commence operations directly into Rickenbacker. The area[…]
Following March’s surprising drop off in electronic air waybill (e-AWB) usage, May marked the second month of steady gains. Figures from the International Air Transport Association (IATA) show that global e-AWB penetration in May reached a new high of 39 percent, up from 38.3 percent in April. In May 2016, e-AWB volume reached 571,171 tonnes[…]
Two days after the airfreight industry was surprised by Dirk Reich’s decision to leave Cargolux, another shock was felt today from the ground-handling side, as Olivier Bijaoui, president and CEO of Worldwide Flight Services (WFS), has abruptly left the company less than a year after WFS was purchased by Platinum Equity. Platinum did not provide[…]
Air cargo volumes grew by an anemic 0.5 percent in May 2016, measured against the previous year’s May figures, according to WorldACD (see chart above). In a report released this week, the market data company noted significant diversity in performance, with the origin North America market tumbling 4 percent, year-over-year, while the Middle East/South Asia[…]
UPS announced plans yesterday to expand the number of its medical device field-stocking locations (FSLs) in Europe. UPS FSLs were first developed in the United States to ensure that medical device manufacturers deliver their products to more than 80 percent of U.S. hospital beds within four hours. The facilities are strategically located to reduce transit[…]
The British government has kicked the proverbial can down the road yet again, deferring the decision on the Heathrow Airport expansion until October of this year. The latest excuse? The Brexit, of course. Prime Minister David Cameron was expected to make a decision this month on whether or not to expand either Heathrow or Gatwick[…]
