‘Historic’ year for Atlas Air as profits soar, but Florida West will be grounded

Atlas Air yesterday announced an “historic year”, profits of $42.6m, up from $7.2m a year earlier.
This was on revenue of $1.8bn, which was broadly flat from the previous year.
Costs look set to spiral this year however, and the group revealed it was closing down its Florida West subsidiary.
On an adjusted basis, income from continuing operations was $114.3m, compared with $125.3m in 2015 and CEO Bill Flynn said it had been a “historic” ...

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Transpacific box carriers see new threat on the horizon as rates tumble

Container spot rates on the Asia-Europe trade held firm this week, but carriers are likely to be concerned by a decline on eastbound transpacific rates.
Today’s Shanghai Containerized Freight Index (SCFI) recorded an increase of 7.3% for spot rates to North Europe to $921 per teu and a 4.5% uplift for Mediterranean ports to $882 per teu.
According to Patrik Berglund, chief executive of ocean freight pricing platform Xeneta, the average rates of contracts ...

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Analysis: CEVA wants a happy ending, and you can take that to the banks

Over the past few weeks I have had a number of conversations concerning the future of CEVA Logistics – and its very short-term financing needs.
To describe them as intriguing would be an understatement.
I am grateful to debt investors on both sides of the Atlantic who helped me investigate whether the logistics behemoth would actually manage to service its outstanding debt obligations next year, or whether a debt rollover is a ...

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Freight forwarding industry bears $500m bill for ocean rate processing

The global freight forwarding community could be incurring as much as $500m in costs a year to receive and process carrier freight rates, according to a report by Drewry Supply Chain Advisors.
While Drewry found the biggest multinational forwarders were spending around $1m a year – mostly in labour costs to find and manage rates – and the next tier of top forwarders, around $500,000 a year, it said smaller forwarders, which account ...

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PODCAST: Prelude to TPM 2017 – a portrait of Pier 400

Next week the largest shipping conference, the annual Transpacific Maritime (TPM) conference takes place in Long Beach. Organised by the Journal of Commerce and cannily positioned on the calendar just as shippers and carriers are sitting down to begin negotiating their annual contracts on the transpacific trade, the event has also become a focal point for the industry to discuss – and some of these conversations verge on the thoroughly ...

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Trump talk rattles aerospace industry, up and down supply chain

Companies along Boeing’s supply chain are growing increasingly concerned over the impact Donald Trump’s “buy American” policies could have on their businesses. His proposals to levy high import taxes on goods coming from overseas have already resulted in cost cutting pressures from the aircraft manufacturer, with some supply chain partners merging or reducing their workforces as a result. Speaking to The New York Times, Bob Bishop, chief operations officer of ...

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China Railway Corp struggles to adapt in era of air travel

Chinese business magazine Caixin on the multitude of problems that are currently besetting state-owned China Railways, operator of the world’s largest rail system, which is facing an identity crisis mainly prompted by a growing debt mountain created by its huge infrastructure investment programme but exacerbated by falling freight traffic. Cargo revenues declined 10% in 2015, and by a further 12% in the first nine months of 2016, and with demand ...

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1,000 jobs to be axed in CSX management reshuffle

US freight railroad CSX has confirmed it is to shed around 1,000 managerial staff ,as negotiations surrounding the appointment of Hunter Harrison as chief executive continue.
A spokesperson for the US rail carrier also told The Loadstar chief sales and marketing officer Frederik Eliasson would replace Clarence Gooden as president. Gooden is set to retire in May alongside current chairman and chief executive Michael Ward.
The spokesperson said the “involuntary separation”, which would mostly ...

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APL promises day-definite cargo arrival with Eagle Guaranteed

APL today announced the launch of Eagle Guaranteed, a promise of day-definite arrival of shipment on the Eagle Express (EX1) service via the Global Gateway South (GGS) Terminal in Los Angeles to the rail yards of Chicago, Columbus, Dallas, El Paso, Kansas City and Memphis in the Americas. With the specific arrival date for the designated inland destinations set upon booking with APL, shippers are offered a solution to best ...

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XPO ends years of losses and wants to bring its ‘secret sauce’ to Europe

XPO Logistics this week reported its first full-year profit. It follows a sustained attack on its cost base which concluded several years of high-profile acquisition activity.
The company made a net profit of $63.1m, compared with a 2015 net loss of $245.9m, on revenues of $14.62bn – growth of 92% on 2015 turnover.
Chief executive Bradly Jacobs told The Loadstar cost control in some divisions had combined with strong organic growth in others.
“We had strong organic ...

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The LoadStar

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Magma operates B747F on the 2nd of March into COO,DLA & BZV

Magma Aviation offers freight capacity to COO,DLA , BZV

International Airline Partners
24 FEB 2017
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NL
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Our 747f will depart ex OST on Tuesday 28th February to Tripoli Mitiga (MJI) & Misurata (MRA).

Truck departs from LHR to OST from HCH Horton Road at 1800 hrs on Saturday 25th February.

Space available on flight into Libya on Global Aviation & Service Group of Libya

Select Airline Management Ltd
24 FEB 2017
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GB
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The fastest connection from Scandinavia to North America
Fast, faster....Wings!

Wings: Tracking and Tracing made easy

Wings On Board Courier Network
23 FEB 2017
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NO,SE,FI,DK
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We are pleased to offer a daily premium service into SVO 2 via PRG on Smartwings!

Daily service from UK to Moscow on Smartwings

Select Airline Management Ltd
22 FEB 2017
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GB
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From Switzerland to Moscow or St. Petersburg with Aeroflot

From Switzerland to Moscow or St. Petersburg with Aeroflot

Aeroflot -Russian Airlines
22 FEB 2017
Special rates
CH,GVA,ZRH
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Thanks for voting us as your favourite Cargo GSSA 2017!

Vote for us as your favourite GSSA 2017!

ATC Aviation Services AG
21 FEB 2017
General
World
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The fastest connection from Italy to South Africa
Fast, faster....Wings!

Wings: Your emergency response solution

Wings On Board Courier Network
21 FEB 2017
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IT
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SUPER RATES TO SFO, LAX, BOS, BWI AND KEF DIRECT EX AMS
SFO 5X PER WEEK |LAX 4X PER WEEK | BOS, BWI AND KEF DAILY
TFS 2 X PER WEEK | LPA 1X PER WEEK | YYZ, YUL AND EWR DAILY

tf-GAY is ready for take-off // LAX, SFO, KEF, BOS, BWI and more

Jetpak
21 FEB 2017
General
NL
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Ex Door from any worldwide origin to any airport destination in USA (53)

For competitive rates and seamless service options >> click here <<

AMI USA Imports

Air Menzies International
21 FEB 2017
General
US
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Extra training IATA Luchtvervoer Lithium batterijen

9 maart | Rotterdam Airport | meer informatie of direct inschrijven? Klik hier
www.specialcargo.nl | info@specialcargo.nl | 020 655 6262 

TRAINING IATA LITHIUM BATTERIJEN ROTTERDAM

Special Cargo Services
21 FEB 2017
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NL
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ALONG AIR SILK WAY SEND CARGO FROM CHINA WITH AEROFLOT TO THE REPUBLIC OF UZBEKISTAN

ALONG AIR SILK WAY SEND CARGO FROM CHINA TO THE REPUBLIC OF UZBEKISTAN

Aeroflot -Russian Airlines
20 FEB 2017
General
PVG,PEK,CAN,HKG
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Route: AMS - PBM
SLM CARGO PROMO OFFER, 

PLEASE CALL US AT : 31 (0)20 237 6583

SLM CARGO -Promo offers- SURINAME

Surinam Airways
16 FEB 2017
Available space
NL,BE,DE
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Op veler verzoek organiseert SCS Training & Consultancy een herhalingscursus Luchtvervoer Gevaarlijke Stoffen in EINDHOVEN 
Lees meer ...

Herhalingscursus Luchtvervoer Gevaarlijke Stoffen in Eindhoven

Special Cargo Services
16 FEB 2017
Press release
NL
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Additional space to Mumbai in February on Europe's leading all-cargo airline!!

February Special to Mumbai

Cargolux Airlines International S.A.
16 FEB 2017
Available space
Europe,US,MX,CA,BR,CO,EC
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Pakistan International Airlines Promo Rates to ISB, KHI, LHE & NRT.

Please check your usual rate portals or call: 020 2382600 /  e-mail : info@ams-gsa.nl 




PROMO RATES ISB, KHI, LHE & NRT

Airline Management Services BV
14 FEB 2017
Special rates
AMS
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Ukraine International - Additional Freighter Capacity Sat 18 Feb 2017, please call our team for rates and to discuss our service in further detail. LHR: 0208 7574733 uksales@ecsgroup.aero

Ukraine international - Additional Freighter Capacity Sat 18 Feb 2017

ECS Group
14 FEB 2017
General
GB
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We cordially invite you to visit us at our Booth No: 64 during Air Cargo Africa 2017!

Register now! >>>

AIR CARGO AFRICA 2017

CHAMP Cargosystems Ltd.
14 FEB 2017
General
World
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SLM CARGO VALENTINE PROMO OFFER, 

PLEASE CALL US AT : 31 (0)20 237 6583

SLM CARGO -Valentine Promo-

Surinam Airways
13 FEB 2017
Special rates
NL,BE,DE
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We are pleased to announce that we will be attending the Air Cargo Africa 2017, Booth N 41. We will be glad to meet you at our booth. See you soon!

Express Air Cargo: Air Cargo Africa 2017

Express Air Cargo
08 FEB 2017
Newsletters
Europe,Africa
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The fastest connection from Italy to South Africa
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Wings: Your emergency response solution

Wings On Board Courier Network
10 FEB 2017
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IT
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