Air Cargo

Coverage of air cargo related news including freight forwarders, airlines, airports and more

CEVA Logistics wins five-year contract with Airbus in Hamburg

Air Cargo

AJOT | Top Story | February 24, 2020

CEVA Logistics wins five-year contract with Airbus in Hamburg

In a further strengthening of its international aerospace business, CEVA Logistics is pleased to announce it has been awarded a five year contract to manage spare parts and components for Airbus at the aircraft manufacturer's site in Hamburg, Germany.

Christos Spyrou, CEO & Founder of Neutral Air Partner, joins TIACA’s Board of Directors

AJOT | February 24, 2020 | Air Cargo | Charters

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DB Schenker invests as Volocopter extends series C round to €87 million

AJOT | February 21, 2020 | Air Cargo | Technology | Logistics

Volocopter and DB Schenker today announced an investment by the global logistics service provider into the pioneer of Urban Air Mobility (UAM) as Volocopter extends its Series C funding to now a total of €87 million. Besides DB Schenker, Mitsui Sumitomo Insurance Group, MS&AD Ventures, and TransLink Capital (Japan Airlines and Sompo Japan Insurance) join the round as new investors, existing investors Lukasz Gadowski and btov also invested. The funding will go towards the certification of the VoloCity, hiring more industry experts, and a second generation VoloDrone to ensure commercialization of the heavy-lift cargo drone product. To date, Volocopter has raised total funding of €122 million.

Cargo convoy departs to China carrying medical supplies donated by Qatar Airways for coronavirus relief

AJOT | February 21, 2020 | Air Cargo | Airlines

Cargolux donates medical supplies to Zhengzhou

AJOT | February 21, 2020 | Air Cargo | Airlines

Graves and Graves introduce bill to incentivize timely airport project construction

AJOT | February 21, 2020 | Air Cargo | Airports

DSV opens cargo air bridge between China and the US

Air Cargo

AJOT | Top Story | February 21, 2020

DSV opens cargo air bridge between China and the US

Due to the risk of spreading of the coronavirus (COVID-19), multiple airlines have either suspended or reduced the number of flights to and from Mainland China. As a consequence, there is an estimated 5,000 tons less capacity available per day.

Boeing failure to fix 737 Max warning light may draw FAA penalty

Bloomberg | February 21, 2020 | Air Cargo | Airlines

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Fleet Logistics starts using Lufthansa Cargo´s smartBooking API for a streamlined digital air cargo experience

AJOT | February 20, 2020 | Air Cargo | Airlines | Logistics

Europe’s leading cargo airline expands its digital innovation portfolio by announcing a new API in 2019, which will now also used by Fleet. Lufthansa Cargo invested in Fleet in a Series round back in early 2018.

Carnival logistics: smooth sailing through the event with strategic planning

AJOT | February 20, 2020 | Air Cargo | Logistics

Airlines warn of first global traffic drop since 2009 on virus

Bloomberg | February 20, 2020 | Air Cargo | Airlines

Leading airline CEOs tackle the question of sustainability at Routes Europe 2020

AJOT | February 20, 2020 | Air Cargo | Airlines

Hangar A names Richards Chief Technology Officer

AJOT | February 20, 2020 | Air Cargo | Air Forwarders

Stricken Air Zimbabwe fails to raise much-needed investment

Bloomberg | February 20, 2020 | Air Cargo | Airlines

Qantas axes flights across Asia as virus scares off flyers

Bloomberg | February 19, 2020 | Air Cargo | Airlines

Super-sized jets flying more US routes after pullback on virus

Air Cargo

Bloomberg | Top Story | February 19, 2020

Super-sized jets flying more US routes after pullback on virus

Aviation enthusiasts take note: Look for bigger jets flying around North America over the next two months as the coronavirus forces carriers to redeploy some of their largest aircraft from suspended China routes.

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U.S. Transportation Secretary Elaine L. Chao announces $1 million to Laurence G. Hanscom Field in Bedford, MA

AJOT | February 19, 2020 | Air Cargo | Airports

U.S. Secretary of Transportation Elaine L. Chao announced today that the U.S. Department of Transportation will award $1 million in airport safety and infrastructure grants to Laurence G. Hanscom Field in Massachusetts to fund rehabilitation of an aircraft parking apron, and reconstruction of the taxiway lighting.