Ordering fifteen new units in three months 
Grimaldi has extended the agreement that try Holdings CMI) in late October 2022. In addition to the construction of five new PCTC (pure car & truck carrier) vessels, the group has exercised the option for another five units. With this extension, the Neapolitan company... more
Fiata welcomes new vice chairs for CAI and REU
Fiata has elected Samir J. Shah and Tomas Arvidsson as Customs Affairs Institute (CAI) and Region Europe (REU) vice chairmen, respectively. Shah is a past chairman and advisor to FFFAI - Federation of Freight Forwarders Associations in India - and managing committee member... more
Third market for Amazon Air
Amazon Air is now high up in the clouds in India. The group is the first e-commerce company in the country to establish its own dedicated air cargo network to fly across Hyderabad, Bengaluru, Delhi, and Mumbai. It provides the cargo capacity of two Boeing 737-800 aircraft at... more
ONE tightens links to Latin America
Ocean Network Express (ONE) is introducing a new Altiplano Service (ATS), which is scheduled to commence in February 2023. Connecting Arica and Iquique, Chile, from Callao, Peru, the new ATS service provides an extended coverage of Northern Chile and complements ONE’s existing... more
The industry needs staying power 
GSSA expects airfreight upturn in Q2 or H2. After a peak season that didn’t deserve the moniker the air cargo industry is now looking to the future with uncertainty. Andrius Antanaitis, director of business development for Europe at Strike Aviation, thinks the industry will have... more
Haeco Xiamen marks another milestone
Haeco Xiamen, a member of the Haeco Group, has completed and redelivered its first Airbus A321-200PCF converted freighter with supplemental type certificate (‘STC”) partner, 321 Precision Conversions. Haeco Xiamen has been an authorised precision conversion centre since... more
Global transit times improving
The Ocean Shipping Index from E2 open is based on information from a business network that includes 420,000 interconnected companies managing 13.5 billion transactions and tracking 71 million containers annually. In its issue for Q4/2022, the index reports that, in major... more
Tonnages make a big jump again - yields not yet
The latest preliminary figures from World ACD Market Data reveal a strong post-holiday season recovery of global air cargo tonnages in the second week of 2023. The 19% upswing is delayed compared with last year, when tonnages had already begun to recover by the end of the first... more
More traction units to bolster interstate service
Qube in Australia is acquiring twelve new GT46 locomotives from Progress Rail. With 4,500 horsepower, the heavy-haul units will be used for Qube’s new interstate services between Melbourne and Sydney. The GT46s will be delivered in New South Wales, commencing August 2023. ... more
Cooperation in Japan
Silk Way West Airlines and Nippon Express Holdings have signed an air cargo memorandum of understanding to enhance their solutions portfolio and respond more flexibly to changing supply chains. The agreement strengthens Silk Way West Airlines’ presence in the Japanese market... more