Air Cargo World articles from May 2003

Air Cargo World archives from May 2003

Yield. (Editor's Note).(air cargo gains )(Editorial)
May 1, 2003... An airline industry desperate for good news might find it in the air cargo field. With the passenger business staggered by events from war to frightening disease, the gains in cargo traffic stand apart and some air freight operators are looking...

Airlines' epidemic woes. (News Updates).(impact of SARS on airline industry)
May 1, 2003... For an airline industry whipsawed by three years of calamity, the latest disaster came in microscopic form. The outbreak of SARS. for severe acute respiratory syndrome, sent an industry already reeling into a still steeper tailspin last month....

Rebuilding Iraq. (News Updates).(air service to Iraq)(Brief Article)
May 1, 2003... British air carriers looked to be the first commercial airlines to head back into war-ravaged Iraq. starting with a trickle of relief flights and promising full scheduled services as cargo businesses began moves to return to a country still...

Ailing Airlines. (News Updates).(airline industry financial trends )
May 1, 2003... Cargo traffic is about all that is looking up for the U.S. airline industry, but the modestly better belly business is hardly any comfort in the face of staggering losses and dwindling capacity. Northwest and Continental airlines reported...

Servicing WTO. (News Updates).(efforts to increase foreign business in express delivery market)(Brief Article)
May 1, 2003... Even as American express carriers battle over new expansion by Deutsche Post-owned DHL, the United States is offering greater freedoms to foreign-owned companies in the American express delivery market as part of an offer to jump start world...

Opening skies. (News Updates).(new recommendations for air freight industry)(Brief Article)
May 1, 2003... In a move that could spur new freedoms for the air freight industry, the world's main governing body for international aviation formally recommended that nations separate cargo services from the passenger business as they negotiate new air...

Forward, up. (News Updates).(financial trends of air forwarders )(Brief Article)
May 1, 2003... The latest returns from the world's forwarders suggest that there are profits in the cargo business, at least for those unburdened by assets. Several of the world's largest air forwarders, including the Danzas Group, Kuehne &Nagel and UTi...

Managing Luft. (News Updates).(Lufthansa Cargo's financial results )(Brief Article)
May 1, 2003... Anyone wondering why Lufthansa Cargo wants to take over more freight management business from other airlines has only to look at the results the German carrier is producing from its own belly and main deck operations. Lufthansa Cargo says...

Getting Airborne: DHL's planned acquisition of Airborne Express marks an important change in the U.S. express market. (North America).
May 1, 2003... Any disputes over DHL's intended takeover of Airborne among shippers in the rest of the United States. While FedEx and United Parcel Service are ramping up their battle against DHL's planned expansion, claiming that the smaller competitor is an...

Unified Averitt. (Regional Reports).(Averitt Express merges business units )(Brief Article)
May 1, 2003... Averitt Express believes merging its two business units devoted to dedicated and logistics services will give the a stronger identity beyond that of a regional LTL trucker. Averitt blended the operating units into Averitt Express Supply...

Northern buy. (Regional Reports).(Northern Air Cargo-National Airlines joint venture )(Brief Article)
May 1, 2003... Shippers to the Russian Far East may come up winners if a joint venture between Anchorage-based Northern Air Cargo and Las Vegas-based National Airlines is approved by a bankruptcy judge. Under the plan, Northern Air would buy the National...

Atlas Air and its Polar Air Cargo. (Briefly).(debt restructuring )(Brief Article)
May 1, 2003... Financially-troubled freighter operator Atlas Air and its Polar Air Cargo subsidiary agreed to restructure debt the airlines have with GECAS and resumed making payments to the lessor. In the midst of a management reorganization, Atlas delayed...

United Parcel Service. (Briefly).(financial results )(Brief Article)
May 1, 2003... United Parcel Service saw revenue grow 5.8 percent to $8.02 billion in the first quarter and net profit rose 24.4 percent to $611 million. International business grew 23.5 percent to $1.3 billion and the operating profit there quadrupled to...

FedEx. (Briefly).(may have to repay federal money)(Brief Article)
May 1, 2003... FedEx is fighting a government finding that the company should repay $31.6 million in federal money it received to offset losses following the September 11 terror attacks. Menlo Forwarding, meanwhile, says it received a second payment of $7.2...

Menlo Forwarding. (Briefly).(financial results )(Brief Article)
May 1, 2003... Menlo Forwarding reported a $5.4 million operating loss in the first quarter compared to a $5.7 million loss last year despite a 13 percent gain in revenue, to $445.6 million.

Regional Air Cargo Carriers Association. (Briefly).(membership)(Brief Article)
May 1, 2003... The Regional Air Cargo Carriers Association says it has recruited 39 full members and 36 associate members in the first year of existence.

Martinair Holland. (Briefly).(new services)(Brief Article)
May 1, 2003... Martinair Holland announced twice-weekly MD-11 freighter flights between Chicago and Mexico City, building on cargo service it started last year between Amsterdam and Chicago.

Forward Air. (Briefly).(financial results)(Brief Article)
May 1, 2003... Air cargo trucker Forward Air earned a $5.4 million net profit in the first quarter, 10 percent better than the year-earlier first quarter, as revenue grew 7 percent to $56.6 million.

UPS World Ease. (Briefly).(new service )(Brief Article)
May 1, 2003... UPS introduced UPS World Ease for international shippers to consolidate smaller packages for customs processing and delivery. UPS also introduced an electronic payment option called UPS Exchange Collect to synchronize the movement of goods,...

Air Courier Conference of America. (Briefly).(Southwest Airlines receives honor)(Brief Article)
May 1, 2003... The Air Courier Conference of America named Southwest Airlines its 2003 "Airline of the Year" at the group's recent annual meeting.

Singapore Airlines. (Briefly).(signs deal with Air-bridge International)(Brief Article)
May 1, 2003... Singapore Airlines named Air-bridge International its cargo sales and service agent in Canada.

Odyssey Logistics & Technology. (Briefly).(company formation)(Brief Article)
May 1, 2003... The team that created UniGlobal Logistics, a subsidiary of Union Carbide that managed its $650 million in transport spending, formed Odyssey Logistics & Technology to provide logistics management for process manufacturers.

Continental Airlines. (Briefly).(new services)(Brief Article)
May 1, 2003... Continental Airlines started daily nonstop flights between Houston and Edmonton.

Airnet Systems. (Briefly).(net profits )(Brief Article)
May 1, 2003... Courier Airnet Systems reported a $1.5 million net profit in 2002 compared to $5.2 million the year before as express service gains were offset by declining bank check business.

Con-Way Logistics. (Briefly).(contracted by First & Main)(Brief Article)
May 1, 2003... Con-Way Logistics will handle warehousing, transportation management and fulfillment for retailer First & Main.

Pacer International. (Briefly).(net profits up)(Brief Article)
May 1, 2003... Forwarder Pacer International reported a $24.8 million net profit in 2002 compared to $7 million the year before and a 5.6 percent increase in net revenue to $349.8 million.

KLM's coalition: the Dutch airline has one longstanding partner, but KLM Cargo says it has capacity for more. (Europe).
May 1, 2003... Walk down any side Street in downtown Amsterdam and it will not be long before you come across some aspect of the city's renowned "red light" lifestyle. And you are just as likely to come upon one of its many "coffee shops" where the air is...

Missed swiss. (Regional Reports).(Brief Article)
May 1, 2003... Cargo traffic appears to be the lone bright spot in 2002 for Swiss International Airlines, which faltered along with the rest of the airline industry in a terrible market and is restructuring after barely more than a year of existence. ...

Gartner Dataquest. (Briefly).(European personal computer shipments)(Brief Article)
May 1, 2003... Gartner Dataquest said personal computer shipments in Europe, the Middle East and Africa grew 3.2 percent last year over 2001, including a 6.3 percent increase in the fourth quarter.

British Airways. (Briefly).(Brief Article)
May 1, 2003... British Airways and Air France will end their trans-Atlantic Concorde service and retire their supersonic fleets later this year.

Air France. (Briefly).(Cargolux flying freighter to island of Reunion)(Brief Article)
May 1, 2003... Cargolux started flying a 747-400 freighter once a week to the island of Reunion under a shared-space arrangement with Air France. The freighter operator also stepped up its commitment to Global Freight Exchange by going from a monthly payment...

Volga-Dnepr Airlines. (Briefly).(enters into strategic partnership with Aviastar)(Brief Article)
May 1, 2003... Volga-Dnepr Airlines signed a strategic agreement with Aviastar, the Russian maker of the AN-124 and TU-204 aircraft.

Schenker. (Briefly).(renews contract with International Olympic Committee)(Brief Article)
May 1, 2003... Schenker extended its forwarding and customs clearance agreement with the International Olympic Committee through the 2004 and 2008 Olympic Games.

Genesis Group. (Briefly).(acquires assets from Enterprise Ocean Air Logistics)(Brief Article)
May 1, 2003... The United Kingdom's Genesis Group acquired the ongoing business and assets of the Heathrow and Birmingham depots of Enterprise Ocean Air Logistics that went into administration in February.

European Cargo Services. (Briefly).(will sell space on SN Brussels Airlines' flights to Africa)(Brief Article)
May 1, 2003... European Cargo Services said it would sell some main deck space on Atlas Air 747 freighter flights to Africa through the group's GSA representation of SN Brussels Airlines.

Aviakor-Aeroport. (Briefly).(seeks foreign investor for expansion)(Brief Article)
May 1, 2003... Aviakor-Aeroport in central Russia is looking for a foreign investor to take 49 percent of the equity in a project to build the airfield into a cargo hub focused on traffic between Southeast Asia and Europe.

KLM Cargo. (Briefly).(chooses Syntegra's Cargo Chorus Route Management software)(Brief Article)
May 1, 2003... KLM Cargo signed on for Syntegra's Cargo Chorus Route Management Service to launch the airline's Cargo 2000 quality management system.

Global Freight Exchange. (Briefly).(receives one-year commitment from Cargolux)(Brief Article)
May 1, 2003... Cargolux stepped up its subscription commitment to Global Freight Exchange from a monthly schedule to a one-year agreement.

Phoenix International Freight. (Briefly).(acquires Derwent Freight Services)(Brief Article)
May 1, 2003... Chicago-based Phoenix International Freight purchased Derwent Freight Services, a British forwarder with offices at London Heathrow, East Midlands, Bristol and Manchester.

Polar Air Cargo. (Briefly).(signs sales contracts with Aerotrans, Swift Airline Services)(Brief Article)
May 1, 2003... Polar Air Cargo named Frankfurt-based cargo broker Aerotrans its exclusive general sales agent for Germany. Polar also named Swift Airline Services its GSA in Belgium and Luxembourg, following the termination of its longstanding partnership...

East Line Airlines. (Briefly).(reports increase in freight traffic in 2002)(Brief Article)
May 1, 2003... Russia's East Line Airlines transported 31,400 freight tonnes in 2002, a 145 percent increase over the previous year, while cargo revenue increased 120 percent.

Belgrade International Airport. (Briefly).(plans cargo expansion)(Brief Article)
May 1, 2003... Belgrade International Airport plans to revive a master plan that includes a large cargo expansion that would give the Yugoslav airport the capacity to handle 500,000 tonnes a year.

Trans Mediterranean Airways. (Briefly).(leases freighter from Aer Turas)(Brief Article)
May 1, 2003... Lebanese all-cargo airline Trans Mediterranean Airways started leasing a DC8-63 freighter aircraft from Irish firm Aer Turas.

Lufthansa Cargo. (Briefly).(wins marketing award in Germany)(Brief Article)
May 1, 2003... Lufthansa Cargo won a national marketing award in Germany for its branding and won second place in the "brand re-launch" category for promotion of its cargo portfolio and time-definite products.

Moving Malaysia: Malaysia's government is trying to diversify the economy, a strategy that may also work for MASKargo. (Pacific).
May 1, 2003... Is Malaysia out to debunk established economic parameters? In 1998, faced with the Asian flu, the country eschewed worldwide trends of economic deregulation and the bitter free market medicine prescribed by the International Monetary Fund and...

China's ACC. (Regional Reports).(Air China, Citic Pacific form Air China Cargo Co.)(Brief Article)
May 1, 2003... China has its second full-fledged air freight joint venture as the country proceeds with the restructuring of its airline industry. Air China, the country's No. 2 cargo carrier, agreed to form a joint air freight venture with Hong Kong...

Cathay Pacific. (Briefly).(receives rights to fly to Shanghai, Beijing, Xian)(Brief Article)
May 1, 2003... Hong Kong granted Cathay Pacific rights to fly to Beijing, Shanghai and Xian, a decision competitor Dragonair said would wreak "financial devastation" on its own China services.

Korean Air. (Briefly).(reports increase in cargo traffic)(Brief Article)
May 1, 2003... Korean Air saw cargo traffic, in freight tonne-kilometers, jump 22.4 percent in the first two months of 2003 and says cargo revenue on shipping to the United States grew 15 percent on growing technology traffic.

China Southern Airlines. (Briefly).(reports increased net profit)(Brief Article)
May 1, 2003... China Southern Airlines increased its net profit 59 percent last year, to $622 million, helped by a 27 percent jump in cargo revenue to $1.93 billion driven largely by the opening of two international cargo routes.

International Lease Finance Corp. (Briefly).(leases plane to Dragonair)(Brief Article)
May 1, 2003... Hong Kong-based Dragonair took its 10th A330, leasing the long-range, twin-engine plane from International Lease Finance Corp.

Hong Kong Air Cargo Terminals Ltd. (Briefly).(reports increased traffic)(Brief Article)
May 1, 2003... Hong Kong Air Cargo Terminals Ltd. Saw traffic grow 10.1 percent in the first quarter of 2003 over last year.

Cargo doesn't care: the 2003 mergeglobal world air freight forecast. (Feature Report: Forecasts).
May 1, 2003... It is no secret that the world airline industry has been plunged into its deepest crisis yet. To be sure, the industry has always been highly cyclical, and past downturns have claimed some of the most storied names in commercial aviation. But...

OAG Cargo delivers Internet Routing Technology. (Special Advertisement).
May 1, 2003... Among those heading for the Orange County Convention Center will be Larry Snellings, president, of Houston-based Dangerousgoods.com. One of his major worries is that the government may lurch towards excessive restrictions in the name of...

Trucking europe: operators looking for Europe's disappearing regional air freight are scratching the surface of new express trucking trends. (Region Focus: Western Europe).
May 1, 2003... There is a growing hole in Europe's air freight figures. Although 2002 was not the most cheerful of years for the continent's carriers, they managed to limit the overall fall in scheduled traffic to just 0.2 percent, according to the...

Shipping circuits: in a market dependent on air freight, Fairchild Semiconductor says service can't be measured across multiple providers.
May 1, 2003... Air cargo operators have watched cost-conscious shippers move to slower, cheaper alternatives of transportation in recent years, but modal shift is hardly part of the logistics vocabulary at one of the air freight industry's most important...

Integrators. (People).(John J. McDevitt at UPS)(Brief Article)
May 1, 2003... United Parcel Service: The carrier named John J. McDevitt, a senior air operations executive, to UPS's Management Committee in a new role coordinating all business units across the company to fulfill supply chain services. Those services,...

Third-Parties. (People).
May 1, 2003... GAC Logistics: The forwarding division of The GAG Group appointed Mikaci Jinglov regional business development manager for third-party logistics for Asia and the Indian subcontinent. Based in Malaysia, Jinglov will lead sales and the...

Associations. (People).(Brief Article)
May 1, 2003... Cargo 2000: The IATA interest group pressing for technology advancement in the air cargo industry named Mike Fountain, chief executive officer of technology and global freight management at forwarder Exel, as vice chairman. Fountain said, "The...

Airports. (People).(Win-fried Hartmann at Frankfurt Main Airport)(Brief Article)
May 1, 2003... Fraport Cargo Service: Win-fried Hartmann was named cargo manager at the Frankfurt Main Airport, succeeding Ulf Steinmann. Hartmann, 42, has worked for Fraport since 1992, most recently as manager of sales and marketing for ground handling...

Technology. (People).(Brief Article)
May 1, 2003... NTE: The Internet-based company hired 19-year logistics industry veteran Chris Cole to lead business development with asset and non-asset based providers. Cole has worked with the Sabre Group, New England Motor Freight, Viking Freight and, most...

Manufacturing. (People).(Michael Hoveskeland of Cessna)(Brief Article)
May 1, 2003... Cessna: The manufacturer of turboprop passenger and cargo aircraft promoted Michael Hoveskeland to vice president, administration, in charge of customer contracts, aircrafi deliveries, and flight crew and maintenance training for customers and...

Trucking. (People).(Brief Article)
May 1, 2003... Con-Way: The LTL trucker named Curtis Shewchuck director of corporate protective services in charge of protecting employees, customers, facilities, equipment and freight. He held a similar position for Con-Way parent CNF in Portland, Ore....

Hemmed in.(clothing imports to the U.S.)(Brief Article)(Illustration)
May 1, 2003... Hemmed in Clothing imports into the United States in first 11 months of 2002, by region. (in tonnes) Africa 95,848.81 Americas 1,470,231.18 Asia Pacific 2,031,019.28 Europe...

Sharing Shippers.(next-day air express shipments in the U.S.)(Brief Article)(Illustration)
May 1, 2003... Sharing Shippers Share of average daily next-day air express shipments handled by major carriers in the United States domestic market in 2002 Overnight Ground UPS 27% 77% Airbone Express...

Airports 2002.(traffic)(Brief Article)(Illustration)
May 1, 2003... Airports 2002 Cargo traffic at top 30 airports in 2002 and percentage change from same period in 2001. (in tonnes) RANK AIRPORT TRAFFIC % CHANGE 1. Memphis (MEM) 3,390,299 28.8 2. Hong Kong (HKG)...

Events.(Calendar)
May 1, 2003... June 9-12 Chicago: Retail Systems 2003, at McCormick Place, retailers come first in this event dedicated to helping them improve their front- and back-end processes. For information, call (617) 527-4626 or visit:...