• Demand for air cargo up 8.2 percent y/y in October

    Air freight demand, measured in freight tonne kilometers (FTKs), rose 8.2 percent year-on-year in October, according to data released by The International Air Transport Association (IATA).
  • Another record breaking year for Budapest Airport as cargo volume exceeds 100,000 tonnes

    Hungarian gateway Budapest Airport expects to break annual record of cargo volume this year with more than 100,000 tonnes already handled between January and November.
  • LATAM Airlines to launch its longest non-stop flight ever between Santiago and Melbourne, Australia

    Latin America based carrier LATAM Airlines will operate a new, non-stop service between Santiago and Melbourne, Australia, from October 5, 2017.
  • India gives a strong start to IAG’s performance in the peak season

    IAG Cargo’s e-commerce prioritise from India has given it a very good start into the peak season.
  • IAG Cargo launches new Paris to New York route through OpenSkies

    IAG Cargo has launched the start of a new Paris Orly to Newark New Jersey route, its first ever direct cargo route between France and the USA.

Tuesday, October 17, 2017

Virgin Group invests in Hyperloop One project

Virgin Group invests in Hyperloop One project


Richard Branson and his Virgin Group have invested in Hyperloop One – the world’s most revolutionary train service. As part of the partnership, Branson will join the board of the California startup, which will be renamed Virgin Hyperloop One in the coming months, according to a joint statement.

Port of Helsinki’s cargo traffic surge

Port of Helsinki’s cargo traffic surge

October 17, 2017: Port of Helsinki has witnessed a growth of 12.7 percent during January to September 2017 compared to the same period last year. It has handled a total of 10.5 million tonnes of cargo during the first nine months of the year. Out of this, 5.5 million tonnes was in import ( 13.2

FedEx Express opens new Barcelona facility

FedEx Express opens new Barcelona facility

October 17, 2017: FedEx Express has opened a new ground operations centre in Barcelona that is located in the industrial area of Zona Franca, one of Spain’s largest and most dynamic industrial areas.The new facility, which is situated next to international transportation infrastructure, has a gross floor ar

ACI signs MoU with HNA Airport Group to facilitate operations at HNA’s airports

ACI signs MoU with HNA Airport Group to facilitate operations at HNA’s airports

October 17, 2017: Airports Council International (ACI) has signed Memorandum of Understanding (MoU) with Chinese airport operator HNA Airport Group to enhance cooperation between both organisations on various programmes and initiatives, including airport safety reviews, customer experience solutions an

Monday, October 16, 2017

Kuehne Nagel growth momentum accelerated; all business units recorded significant market share gain

Kuehne + Nagel growth momentum accelerated; all business units recorded significant market share gain

October 16, 2017: In the first nine months of 2017, the Kuehne Nagel Group’s growth momentum accelerated sequentially in the quarters. All business units recorded significant market share gains. Compared to the same period last year, net turnover increased by 10.4 percent to CHF 13,525 million and gross profit by 4.8 percent to CHF 5,136 million. The operational result (EBITDA) impr