The week in brief
By Hpanchal on July 12, 2013
Posted in Air Cargo World News
- LATAM Airlines Group’s cargo traffic in June decreased 1.8 percent as capacity increased 0.9 percent, according to year-over-year statistics. Consequently, the cargo load factor decreased 1.6 points to 56.5 percent. The growth in cargo capacity is a result of increased availability in the belly of passenger aircraft, partially offset by fewer freighters operating. The decline in cargo traffic was driven by weaker imports into Latin America.
- Navia High and Heavy Logistics, Australia, has registered their offices in Brisbane, Melbourne and Sydney. Bellville Rodair International has added more offices in Klaipeda, Lithuania and Moscow. BCC Logistics has now also listed its Beirut head office in Lebanon. Sparber Group in Bilbao has signed up representing Spain. AirCargoGroup, a global association of neutral airfreight wholesalers, is a new sponsor of the Global Project Logistics Network, a projects logistics network specializing in international projects movements and specialized lifts.
- CFS Aeroproducts, an aircraft component repair and overhaul facility, merged with Aero Engineering & Powerplant Ltd. Under the terms of the agreement, AEP’s plant and equipment have been moved from its Wokingham, England plant to CFS’s factory in Coventry, England.
- BJ's Wholesale Club presented C.H. Robinson Worldwide, Inc. with its Perishable Vendor of the Year award. C.H. Robinson complements its category management and supply chain management services by supplying BJ's with packaging and product offerings in its Tropicana citrus and tropicals, Mott's apples, Welch's grapes, and Rosemont Farms vegetable product lines.
- Logistics service provider Logwin expanded its network of locations in India. The company opened an office in Kolkata in the east of the country near the border with Bangladesh, while Logwin had moved into a larger building at its location in Chennai in the south of India.
- ST Aerospace, the aerospace arm of ST Engineering, signed new contracts worth about US$430 million in the second quarter of 2013. The contracts are for airframe, component and engine maintenance, as well as VIP interior modifications.