Lufthansa Cargo will charge €12 for processing paper-based air waybills (AWB), a fee to be implemented on April 2, which may be increased in October after the introductory phase has had time to take effect. The fine is avoidable for customers who will opt to use its e-air waybills, which the
Air Cargo
Hungary’s largest airport establishing itself as a regional air freight hub
Budapest eyes larger regional freight role after record 2017 Hungary’s largest airport is establishing itself as a regional air freight hub, handling 127,145 tonnes of cargo in 2017. Starting this year, two carriers plan to operate flights to the U.S. from Budapest Airport (BUD), and next year, the airport will open
Deutsche Post drives up revenues in all divisions in 2017
The German mail and logistics company posted revenues of 60.4 billion euros for the year, rising 5.4 percent from 2016, despite encountering headwinds from currency effects. Deutsche Post DHL Group recorded a consolidated net profit after non-controlling interests of 2.7 billion euros (U.S. $3.3 billion) in 2017, inching up 2.8 percent
Brussels Airport responds to increased cargo demand with facility expansion
The recent surge in demand for air cargo services is putting the squeeze on Brussels Airport (BRU), so it is investing €100 million in expanding its cargo facilities. The expansion of the cargo processing area, called BRUcargo, is part of a continuing effort to accommodate freight forwarders, like Kuehne + Nagel,
Cargolux to operate Nippon Cargo flight from Luxembourg to Narita Japan
Nippon Cargo Airlines (NCA) said it will commence use of capacity on Cargolux’s 747-400F and 747-8F aircraft, which fly weekly between Luxembourg (LUX) and Narita (NRT). This cooperation was initially publicized at the tail end of 2017 and is set to begin on March 27. NCA has outsourced some of its routes
Panalpina moves highest volumes in company history
Switzerland-based forwarder and logistics services provider Panalpina ended an eventful year, in which it made some notable acquisitions in the perishables sector, and reported record-breaking volume and profitability. Air freight volume for the full year increased 8.1 percent to a record 995,900 tonnes. While it may be tempting to assume that the figure
Boeing Faces Airline Tug of War Over Proposed ‘797’ Jet Design
UPS announces further expansion of its Worldwide Express service
The endeavour, which is comprised of expanded service into 57 countries and territories, including Brazil, India, and South Korea, and five new countries receiving Express service, including Bangladesh and Madagascar, said UPS. UPS said this week that its UPS Worldwide Express Service now is available in 124 countries and territories. This service provides customers with
Increased volume not translating to better margins, e-commerce study shows
You don’t have to be Alan Greenspan to see that e-commerce is the new frontier of retail, but what does the shifting market mean for logistics companies supporting the change? According to a study conducted by market research organization Transport Intelligence (Ti), conducted during the recent holiday season, logistics firms may
Flower power delivers sweet Valentine’s Day for carriers
Chalk up two more carriers looking forward to a happy Valentine’s Day this week, as Luxembourg-based Cargolux added an extra 1,200 tonnes of capacity to its 20 weekly flights out of Nairobi, Quito and Bogota. Meanwhile, LATAM Cargo reported shipping more than 9,500 tons of flowers in the four weeks leading up