CDB Aviation picks Jie Chen
The board of directors of CDB Aviation, a wholly-owned Irish subsidiary of China Development Bank Financial Leasing, has selected Jie Chen to become the company’s new chief executive officer. Chen will take the helm in January 2023 and replace Patrick Hannigan, whose... plus
De-icing pads to keep parcels moving at MEM
Federal, state, local and business leaders marked the completion of 3.3 million sqft de-icing pads at Memphis International Airport, home to FedEx’s largest air cargo sorting facility. The pads are large enough to de-ice twelve wide-body cargo aircraft simultaneously, which will... plus
CCA welcomes members and treasurer
The Cool Chain Association (CCA) has welcomed Brussels Airport, Boeing, Singapore Airport Terminal Services (Sats), and Validaide as new members and appointed Miguel Rodríguez, the senior manager of climate control products with Qatar Airways as its treasurer. The... plus
GAC promotes Fredriksson to top echelons
The GAC Group, a shipping, logistics and marine services provider, has appointed Pontus Fredriksson (on the right) as its new group president, with effect from 1 January 2023. Bengt Ekstrand (on the left), who held the position for the last ten years, will take on the role of... plus
Is the trade tide turning?
In an analysis for the G20 countries, based on figures provided by the Organisation for Economic Cooperation and Development (OECD), Flexport has reported a 1.1% decline in imports and a 1.3% decline in exports in the third quarter of this year. The G20 group accounts for about... plus
B747-8F engines to be serviced for six more years
Nippon Cargo Airlines (NCA), which operates eight Boeing B747-8Fs, has extended an engine services agreement with GE Aerospace by six years. The ‘rate per flight hour’ deal covers the four GEnx-2B engines on each of NCA’s cargo Jumbos. Toshiaki Kobori, NCA’s managing director... plus
US forwarder broadens range
A. Duie Pyle, a 98-year-old family-owned and operated provider of supply chain solutions, is bringing its services to the US state of West Virginia. The company is expanding its supply chain solutions to strengthen routes and goods transport. The service move into West... plus
ATSG selects Paul Chase as new CCO
Air Transport Services Group (ATSG) has announced that Paul Chase will assume Mike Berger’s responsibilities as chief commercial officer when Berger transitions to chief strategy officer, effective today, 5 December 2022. Chase is currently CEO of Ameriflight. He will take over... plus
A shipping platform to vanish
Trade Lens’ days are over. The initiative launched by A.P. Moller-Maersk and its tech partner IBM will be withdrawn from the market. “Trade Lens was founded on the bold vision to make a leap in global supply chain digitalisation as an open and neutral industry platform.... plus
World ACD: Air cargo rates finally stabilise
Global air cargo tonnages have continued to slide downwards in November, normally a buoyant month in the air freight calendar, with a further steep decline in week 47 (21 to 27 November) led by falling volumes to and from North America (-20%). The decrease in chargeable... plus