Hactl: an early adopter of the SBTI scheme
The science-based targets initiative (SBTI) has confirmed that the targets of Hong Kong Air Cargo Terminals Limited (Hactl) comply with its criteria and recommendations, and that Hactl’s scope 1 and 2 target ambition is in line with a 1.5°C trajectory for limiting global... more
FedEx launches new Vietnam service
FedEx Express, a subsidiary of FedEx Corp., is further enhancing its intercontinental services between Vietnam and Europe with the introduction of a new flight offering faster transit times. From 31 October 2023, the new flight will use a dedicated B767 freighter flying four... more
Air Charter Service opens up in New Delhi
Aircraft charter specialist Air Charter Service has opened its doors India’s capital New Delhi, the company’s second office in the country and 33rd worldwide. The company opened its Mumbai office almost twelve years ago, which has gone from strength to strength since. Ashish... more
More power for 101st year
Only few days before celebrating its 100th birthday, on 1 November 2023, Finnair extended the solar plant on the roof of its "Cool terminal", which was opened in 2018, to cover 37% (instead of 10% at the start) of its energy use. Many Finnair Cargo figures... more
A safe ride for dangerous cargo
Cargo-Partner has introduced a consolidation service for dangerous cargo. Goods that are categorised as class 8 and 9 dangerous goods according to IMO are consolidated on a weekly basis. This includes batteries, electric vehicles, battery-powered tools, etc. The service runs... more
ULD leasing hub opens at Shanghai Pudong
Jettainer, a leader for outsourced unit load device management, and Pactl West, a ground handler at Shanghai Pudong airport's 'Public Cargo Terminal Co. West', have entered into a strategic cooperation agreement, as was announceed at the 'Transport Logistic Southeast Asia' trade... more
More capacity for freight transport in Kazakhstan
The Kazakh railway company KTZ is investing heavily in the expansion of its railway infrastructure in preparation for an increase in freight volumes. A major expansion programme has already been approved, whereby existing tracks are to be extended and additional ones built by... more
Baltic Air Freight Index rises again
In the midst of anxieties about inflation and interest rates, geopolitical stresses and a fluctuating oil price, global air freight rates maintained a firm tone during the month: The overall Baltic Air Freight Index (BAI00) was up another +2.9% over the four weeks to 30 October.... more
ONE grows port holdings
Ocean Network Express (ONE), the world’s sixth largest container carrier, has acquired a majority stake in two US West Coast terminal operators, Trapac in Oakland and Yusen Terminals in Los Angeles, and a significant stake in Rotterdam World Gateway (RWG). These strategic... more
Teleport and Vietjetair Cargo ink MOU
Teleport, an air logistics provider based in Southeast Asia, has announced a new partnership with Vietjetair Cargo. The companies signed a memorandum of understanding (MOU) at the Air Cargo Southeast Asia 2023 event in Singapore. This partnership enables Teleport to combine its... more