Newsletter - 29th October 2020

Daily News Updates / 29th October 2020

Airlines
AirBridge cargo’s Boeing 747-8F Nose loading capability facilitates smooth deliver of 16 meter long equipment AirBridgeCargo Airlines, part of Volga-Dnepr Group with 30+ years of experience in oversized and super-heavy air cargo transportation, has masterminded delivery of 16-meter long b... READ MORE

Logistics
UPS Produces Strong Q3 Earnings Amid E-Commerce Surge The parcel delivery giant, which reported third-quarter earnings Oct. 28, said earnings jumped to $2.4 billion or $2.24 a share — an 11% increase from $2.19 billion, or $2.01, i... READ MORE

Freight Forwarders
ATSG Delivers Boeing 767 Freighter to Astral Aviation of Kenya Air Transport Services Group, Inc. has announced the delivery by its Cargo Aircraft Management subsidiary of a Boeing 767-200 converted freighter to Astral Aviation of Kenya under... READ MORE

E-Commerce Logistics
DSV makes e-commerce growth play with Prime Cargo acquisition Danish forwarder DSV Panalpina has taken over e-commerce specialist Prime Cargo to tap into the exploding global online shopping market and expand its coverage of the Chinese reta... READ MORE

Airports
Chicago Rockford International Airport named Midwest hub for cargo company The building is phase 1 of a two-phase cargo building expansion totaling nearly 200,000 square feet. The Chicago Rockford International Airport was named the Midwest hub for Se... READ MORE

Airlines
Airline cash burn to continue throughout 2021: IATA Airlines will struggle to cut unit costs sufficiently to prevent cash burn continuing throughout 2021, based on current demand assumptions and in the absence of further government... READ MORE

Airlines
Kalitta Air to be Launch Operator of The Big Twin with Agreement to Lease Three 777-300ERSF from GECAS Cargo GECAS Cargo announced an agreement with Kalitta Air for three 777-300ERSF aircraft. With this agreement, Kalitta will be the first operator of the new passenger-to-freighter type,... READ MORE

People
Aramex Appoints Thomas Kipp as New Chief Operating Officer Aramex, a leading global provider of comprehensive logistics and transportation solutions, has announced the appointment of Thomas Kipp as the Company’s new Chief Operatin... READ MORE

People
MGH Appoints Regional Managing Director for Korea, Vietnam, Cambodia, and Thailand MGH Logistics, a Singapore headquartered diversified conglomerate with interest in Healthcare, Fashion, Automotive Supply Chain Management, Total Cargo Management for LCCs, Ride... READ MORE