Iata: yields and revenue should stay stable
The International Air Transport Association (Iata) has released data for global air freight markets showing that demand in 2022 took a significant step back from 2021 levels but was close to its performance in 2019. Willie Walsh, Iata's director general, mentioned... more
Global Air Charter Service heads to the capital
The global aircraft charter specialist Air Charter Service has inaugurated a new branch in Washington DC, serving the Virginia and Delaware regions as well as the capital. Joel Fenn has been appointed as CEO of the new office, which is the company’s ninth in USA. Fenn, who... more
Schneider Transport expands UK business
Road haulier Schneider Transport is acquiring Global Freight Connections (GFC) in Basildon, UK and thus strengthening its activities on the English market and in the Greater London area. GFC is a medium-sized freight forwarding company offering a full range of logistics... more
Challenges for Germany’s air freight industry
The volume of air cargo volumes handled at Germany’s airports has declined. The member companies of the German Association of Air Cargo Handlers (Vacad) handled a total of 1,766,739 t in 2022, around 9% less than in 2021. After a record increase in 2021 (plus 24%) due to the... more
Fresh juice for Scan Global
Copenhagen (Denmark)-based Scan Global Logistics (SGL) has found allies to fund its ambitious expansion plans. The company has sold the majority of its shares to CVC Capital Partners Fund VIII (CVC) via its original investor group led by AEA Investors Small Business Private... more
Hellmann appoints Timo Schamber
Hellmann Worldwide Logistics has appointed Timo Schamber as its new global airfreight director CEP, effective 1 February 2023. With the creation of this new position, the company is responding to increasing demand in the global airfreight market and the rapid development of the... more
Teesside just in time for Valentine
A vital licence to allow Teesside Airport (MME) to handle food and flowers has been officially granted – just in time for Valentine’s Day. Confirmation that the airport it to become the UK’s newest border control point (BCP) was received last month – allowing Teesside’s new... more
Pallet volumes soaring
Pall-Ex Group saw a 64% increase in pallet volumes for its UK cross-border team in 2022. This development follows the highest-ever recorded pallet volume for the international side of the business in November 2022. The network said that this growth was due to strong... more
Last-mile deliveries in Iberia
In December 2022, Rhenus Home Delivery, a specialist for end-customer deliveries, acquired exactly 49.9% of the shares in the Portuguese logistics group Grupo Totalmédia, which was founded in 1998. More shares are to be purchased in the next few years. With the acquisition,... more
Upwards in UK
In 2022, DP World witnessed a 5% rise in the volume of trade handled by its two hubs in UK. London Gateway, consolidating its position as Britain’s second biggest container terminal, reported a 14% rise in volumes, passing the threshold of 2 million teu (2,053,000 teu). Jointly... more