Etihad Cargo splits network, appoints new directors
- Latest News
- Thursday, 08 August 2024
UAE flag carrier Etihad Cargo has restructured its global network into four regions managed by newly-appointed directors: South Asia and Oceania (SAPAC, India,
Hactl opens lithium battery zone
- Latest News
- Wednesday, 07 August 2024
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.
More cargo carried, but IAG's first-half financials fell
- Latest News
- Tuesday, 06 August 2024
Spain-based IAG Cargo has reported commercial revenues of EUR566 million for the period from January 01 to June 30, 2024.
Hyundai mulls Air Incheon stake
- Latest News
- Tuesday, 06 August 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.
DHL Group 'prepared' for global recovery
- Latest News
- Friday, 02 August 2024
DHL Group met market expectations in the second quarter of 2024.
Despite a persistently-weak economic environment, group revenue was slightly higher than in the previous year at EUR20.6 billion (Q2 2023: EUR20.1 billion).
As expected, operating profit (EBIT) was below the prior-year level at EUR1.35 billion (Q2 2023: EUR1.7 billion).
Eberharter takes over at Gebrüder Weiss West
- Latest News
- Friday, 02 August 2024
Alexander Eberharter (44) has taken over the management of the West region of logistics company Gebrüder Weiss, succeeding Hannes Mayr (65), who is retiring after 41 years with the company.
Global IT outage did not really hurt air cargo demand - Xeneta
- Latest News
- Friday, 02 August 2024
The quick recovery from July’s global IT outage produced no significant ongoing disruption to air cargo demand, with rates rising for a sixth consecutive month, according to the latest market analysis by Xeneta.
Lufthansa Cargo posts improved Q2
- Latest News
- Friday, 02 August 2024
Germany's Lufthansa Cargo has reported a 12 per cent Q2 revenue increase to EUR799 million on higher yields and improved volumes.
Ortberg to replace Calhoun at Boeing
- Latest News
- Friday, 02 August 2024
A 64-year-old aerospace veteran - Robert Ortberg - has been named as US-based plane maker Boeing's new boss, with the announcement appearing to please financial markets despite the firm's US$1.4 billion second-quarter loss.
