Tussle between HMM and Samsung escalates
The legal wrangling between South Korea’s flagship carrier HMM and its compatriot conglomerate Samsung Electronics is deepening. After Samsung Electronics’ US branch filed a complaint with the US Federal Maritime Commission (FMC) on 5 June, alleging that HMM had caused it to suffer loss resulting from 96,000 instances of demurrage and detention, the liner operator […]
European Investment Bank commits €90 million for Livorno port sustainable growth
In Livorno, a financing agreement of €90 million (US$98 million) was signed by European Investment Bank (EIB) vice-president Gelsomina Vigliotti and president of Autorità di Sistema Portuale del Mar Tirreno Settentrionale Luciano Guerrieri. The signing event was attended by Eugenio Giani, President of the Tuscany Region, Luca Salvetti, Mayor of Livorno, and Gaetano Angora, Commander […]
US containerized import volumes show strength
Despite geopolitical and macroeconomic uncertainties, United States container import volumes appear to be holding up very well, as evidenced by year-over-year volume gains. “We’re experiencing the strongest surge in volume we’ve seen in two years, and that’s a good sign for what retailers expect in sales,” said Jonathan Gold, vice president for supply chain and […]
Swissport appoints North America cargo bosses
Swissport is growing its cargo expertise in North America with the appointment of Ajay Barolia as senior vice president cargo and Peter Weir as senior vice president cargo commercial. Barolia joined Swissport on July 15 from Qatar Airways, where he spent over nine years in different senior roles, most recently as vice president global cargo […]
DANX Carousel expands round-the-clock services with Logik deal
Time-critical logistics group DANX Carousel has acquired UK-based Logik Logistics International to expand its services and its network across Europe. The group said the acquisition would enhance its round-the-clock services on-demand/ad-hoc cross-border logistics, including express road, airfreight, aircraft charter, On Board Courier (OBC) and specialised handling for time-critical shipments. Lars Ryssel, managing director, western Europe, […]
Dutch Supreme Court says Schiphol slots ruling wrong
The Supreme Court in the Netherlands has upheld a ruling that a plan to cut slots at cargo hub Amsterdam Schiphol Airport was unlawful. This decision follows something of a battle between the government, the International Air Transport Association (IATA) and airlines since the Dutch government’s “experimental regulation” to cut flight numbers at the airport […]
Emirates SkyCargo orders five more 777Fs
Emirates SkyCargo has ordered five more newbuild Boeing 777-200 freighters for delivery between 2025 and 2026. The carrier’s $1bn order follows its previous investment in four new 777-200Fs that are expected to arrive in 2024, plus a fifth 777-200F in 2025. Emirates SkyCargo said that once the new aircraft enter service, available main deck cargo […]
SATS and SF Group further collaborate on e-commerce services
Singapore-based aviation services company SATS has signed a a Memorandum of Understanding (MoU) with Chinese express delivery and logistics service provider SF Group to grow the existing e-commerce service collaboration between the companies. SATS and SF Group will combine their respective areas of expertise and service offerings as well as those of their affiliate companies, […]
Air cargo market update: Demand dips as July gets underway
The air cargo market saw volumes decline in the first week of July as US Independence Day celebrations put the brakes on growth. The latest figures from data provider WorldACD show that demand was down 5% in the first week of the month compared with the prior week. WorldACD said the result includes a fall […]
Cargolux teams up with Arthur Welter on hydrogen truck project
Freighter operator Cargolux and trucking firm Arthur Welter are teaming up to test out the use of a hydrogen-powered truck to transport air cargo. The two companies will work together on a two-year trial using a hydrogen truck to transport cargo between Luxembourg and Frankfurt five times per week. The vehicle has been adapted to […]