Saudia Cargo to team up with new box port on air-sea solution
02/15/2019 - aircargonews.net

Saudi Airlines Cargo has signed an agreement with the recently opened King Abdullah Port to help establish logistics operations between the sea gateway and King Abdulaziz International Airport. The agreement, which comes shortly after inaugurating King Abdullah Port, will establish a cargo corridor

Panalpina seeks tie up with Agility as DSV ups its offer
02/15/2019 - aircargonews.net

The ongoing Panalpina takeover saga took another twist today as the forwarder announced it was in talks with Kuwait-headquartered Agility over a potential tie up and in response DSV has upped its offer for Panalpina. Panalpina this morning confirmed media reports that it is "in discussions with Agil

Boeing 747 at 50, take a trip down memory lane
02/14/2019 - aircargonews.net

Boeing has celebrated the 50th anniversary of its iconic B747 passenger and freighter aircraft with a look back over the key milestones of the original "jumbo jet". Click to see a video of 50 years of flight for the "Queen of the Skies". The post also includes historic pictures of the B747 in the l

Transpacific airfreight rates decline again in January
02/14/2019 - aircargonews.net

Airfreight rates on the transpacific trade lane continued to come under pressure in January as contacts say that demand at the start of 2019 has been lacklustre. Figures from Tac Index show that airfreight rates on services from Hong Kong to North America declined by 0.8% year on year to an average

Suparna looks to expand on the transpacific
02/14/2019 - aircargonews.net

Suparna Airlines is hoping to further expand its international operations with new flights across the transpacific and to Japan. According to a filing with the Civil Aviation Administration of China (CAAC), Suparna, formerly Yangtze River Airlines and known in China as Jinpeng, would like to add a f

Panalpina chief: We're on the acquisition trail
02/14/2019 - aircargonews.net

Panalpina chief executive Stefan Karlen has told the Swiss business press that the forwarder is on the acquisition trail, despite itself being a takeover target. Karlen that the company would be looking to grow organically and inorganically through acquisitions. This could include deals involving c

Panalpina ‘in discussions’ with Agility, mulling over DSV’s revised offer
02/15/2019 - aircargoworld.com

After several days of industry speculation about mergers and acquisitions (M&A) activity in the freight forwarding sector, the pas de deux between Panalpina and DSV A/V just got more complicated by a third party that has been added to the dance card: Agility Global Logistics. In a short statement to

A380 fades as Boeing celebrates the 747’s Golden Anniversary [VIDEO]
02/15/2019 - aircargoworld.com

The first A380 was delivered to Etihad in 2014It’s been a bittersweet week for the jumbo-jet industry. Soon after Boeing celebrated the 50th anniversary of its iconic 747, Airbus announced that production of its ambitious, double-decker passenger behemoth, the A380, will be halted in 2021, due to a

FAA bumps Vietnam to Category 1 safety rating, direct flights to follow
02/15/2019 - aircargoworld.com

Yesterday, the U.S. Federal Aviation Administration (FAA) granted Vietnam a “Category 1” safety rating as defined by the regulatory body’s International Safety Assessment (IASA) program. The new rating will enable airlines based in Vietnam to establish direct service to the United States which, will