United Continental Holdings has reduced its planned 2011 consolidated capacity due to rising fuel prices. A 1 percent reduction will be put into place in May, and a 4 percent reduction is slated for September.
DHL Supply Chain has been awarded a three-year, € 10.6 million contract to help consolidate the equipment of Aero Inventory, a consumables and expendables dealer that worked with Qantas, Air Canada and All Nippon Airways. The equipment — 25 million airplane parts scattered over 100 locations — is worth € 300 million.
The latest Emergency Amendment (EA) from the US Transportation Security Administration has caused major disquiet at the World Cargo Symposium in Istanbul, leading to calls for the International Civil Aviation Organization to coordinate a single worldwide airfreight security protocol.
An e-freight agreement between Schiphol Airport in Amsterdam and Korea’s Incheon International commits the two hubs to jointly promote paperless air cargo transportation on one of the world’s major trade routes.
With the exception of a few key carriers and airports, progress toward total e-freight implementation is slow.
A fully electronic air cargo industry would cut its costs by $4.9 billion a year, a crucial contribution to making the aviation business sustainable, IATA director general and CEO Giovanni Bisignani told the World Cargo Symposium in Istanbul.
It's been more than two months since SEKO Worldwide, a Chicago-based supply-chain solutions provider, decided to make employees part owners of the firm. This new equity model means that the company's strategic partners are now able to drive decisions at the top levels of the company.
In a two-year contract with Air Canada Cargo, the Wallenborn Group has agreed to provide road feeder services (RFS) to more than 40 airports in 14 European and Scandinavian countries.
Swissport International finished 2010 with a total revenue of CHF 1.74 billion, a 5.2 percent year-over-year growth.