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Agility takes over Danish forwarder

: Latest News; Friday, 04 July 2008

Global logistics company Agility has acquired the Danish freight forwarding company CF Geologistics A/S.

Thai cartel denial (update)

: Latest News; Friday, 04 July 2008

Online media today say Thai Airways has denied a Bangkok Post report that it will pay US$300 million in fines to settle European Commission allegations of cargo price fixing.

International cargo growth slows

: Latest News; Thursday, 03 July 2008

International Air Transport Association (IATA) traffic data for May shows a significant drop in cargo growth to 1.3 per cent, down from the 4.3 per cent recorded for the full 2007 year. For the first five months of 2008, air freight volumes were up 2.8 per cent.

Merrill Lynch helping sell Austrian

: Latest News; Thursday, 03 July 2008

The Austrian government has hired Merrill Lynch to find a buyer for the Austrian Airlines Group as record oil prices wipe out profit at the country's biggest carrier, according to Bloomberg.com.

Alaska increases cargo rates

: Latest News; Thursday, 03 July 2008

Shipping rates on Alaska Air Cargo are going up from US$0.18 to US$0.20 cents per pound and in future, prices will rise proportionally to fuel price increases. Passengers also are facing increases for a second checked bag at US$25 one way, plus added charges for pets in the cabin or overweight luggage.

Schenker moves home at Schipol

: Latest News; Thursday, 03 July 2008

Logistics major DB Schenker has moved to a new, modern site on the Anthony Fokkerpark at Schiphol airport, Netherlands.

Grandstar reveals fleet choices

: Latest News; Wednesday, 02 July 2008

Grandstar Cargo International Airlines, the Korean Air/Sinotrans joint venture based in Tianjin, northeast China, plans to add a second 747-400F and two A300-600Fs to its fleet later this year.

DHL to donate hub to community

: Latest News; Wednesday, 02 July 2008

Freight major DHL reportedly has offered its Wilmington, US freight hub operation – both land and facilities - to the local community if the company concludes its deal with United Parcel Service (UPS) to have UPS handle all of DHL's US air cargo transport.

Thai to plead guilty on price fixing

: Latest News; Wednesday, 02 July 2008

Thai Airways International is prepared to plead guilty to a charge of cargo price fixing and pay fines of up to US$300 million in the European Union to settle the case, according to a report in the Bangkok Post.

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International cargo growth slows

: Latest News; Thursday, 03 July 2008

Merrill Lynch helping sell Austrian

: Latest News; Thursday, 03 July 2008

The Austrian government has hired Merrill Lynch to find a buyer for the Austrian Airlines Group as record oil prices wipe out profit at the country's biggest carrier, according to Bloomberg.com.

Alaska increases cargo rates

: Latest News; Thursday, 03 July 2008

Grandstar reveals fleet choices

: Latest News; Wednesday, 02 July 2008

Grandstar Cargo International Airlines, the Korean Air/Sinotrans joint venture based in Tianjin, northeast China, plans to add a second 747-400F and two A300-600Fs to its fleet later this year.