Qantas Freight to upgrade fleet leasing two B747-8Fs from Atlas Air

QANTAS Freight has announced that from late July it will upgrade its freighter fleet with the lease of two Boeing 747-8F aircraft to replace existing...

China Logistics Property profit up 34pc to US$82.1 million, sales rise 44pc

CHINA Logistics Property Holdings (CNLP) adjusted net profit in 2018 increased 34 per cent year on year to CNY554 million (US$82

Amazon pilots worried about Boeing jet weeks before Texas crash

AMAZON's rapidly expanding air cargo operation, coupled with low pay for inexperienced flight crews, led several pilots who fly for the company...

Industry veteran Rob Coretz joins ATSG board of directors

AIR Transport Services Group (ATSG) has elected founder of 10 Tanker Air Carrier Robert Coretz to its board of directors

US retailers need to tackle truck driver, equipment shortages

THE American Trucking Associations claims there is a shortage of 51,000 truck drivers, a situation that is delivering a heavy blow to US retailers,...

E-commerce firms become America's warehouse kings: CBRE report

AMERICA's warehouse kings are now the e-commerce and logistics companies that now claim a larger share of the 100 biggest...

Atlas pilots call Amazon Air's contract a 'ticking time bomb'

ATLAS Air pilots, who fly Amazon's Prime Air cargo planes, like the one that crashed and killed all three aboard near Houston last week, are...

Maersk group 2018 profit down 38pc, but revenues rise 26pc

DANISH shipping giant AP Moller Maersk group's annual profit declined 38

Spectre announces refinancing for seven B737 converted freighters

THE initial stage of refinancing for seven Boeing 737-700 and -800 converted freighters has been completed by Spectre Cargo Solutions, the...

Cosco sells four 10,000-TEU vessels in Japanese leaseback deal

COSCO Shipping Development (Hong Kong), a subsidiary of Cosco Shipping Development, has entered into a sale and leaseback agreement with Japanese...

ATSG to buy 20 converted B767 freighters

AIR Transport Services Group (ATSG) has announced that one of its subsidiaries plans to purchase 20 Boeing 767-300 passenger aircraft and convert...

Finnair: pilot strikes may lead to cancellations, December changes

FINNAIR is not ruling out flight cancellations as the airline prepares for possible changes to its domestic and regional flight schedules in December...

Textainer first leasing company to buy PrimeLINE reefers - buys 1,000

BERMUDA based container lessor Textainer has placed a 1,000-unit order for the PrimeLINE ONE refrigerated container by Carrier Transicold and...

SMBC Aviation Capital sets up in Hong Kong to tap regional demand

HEADQUARTERED in Dublin, SMBC Aviation Capital has established an operating company in Hong Kong, SMBC Aviation Capital Hong Kong Ltd, to cement its...

Delta, Cathay turn to Bluetooth for end-to-end tracking of air cargo

DELTA and Cathay Pacific are making significant inroads into the utilisation of Bluetooth for the end-to-end tracking of unit load devices (ULD),...

Seaspan now into energy, buys 'beleaguered' Swiber for US$20 million

HONG KONG's Seaspan Corp, which charters a fleet of 112 containerships and counts many of the leading liner companies as customers, is...

ATSG to buy US Omni Air for US$845 million, creating fleet of 90 aircraft

US freighter lessor Air Transport Services Group (ATSG) plans to acquire passenger and charter services provider Omni Air International (Omni Air)...

Port of Hong Kong can expect state aid in Policy Statement: Carrie Lam

HONG KONG Chief Executive Carrie Lam said there would be state help contained in the coming Policy Address for the city's declining shipping...

Troubled HNA Group wants to sell Seaco, Ingram Micro, says Wells Fargo

TROUBLED Chinese aviation giant HNA Group is looking to sell a number of its transport and logistics assets, including the container lessor Seaco and...

Lion Air receives leased B737 MAX 8 from China's CMIG Aviation

CMIG Aviation Capital, a Shanghai-based aircraft leasing company owned by China Minsheng Investment Group, has delivered a Boeing 737 MAX 8 aircraft...