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  • Turkish Cargo recognized as Pharma CEIV

    ISTANBUL: August 26, 2016. Turkish Cargo has been awarded an IATA CEIV (Center of Excellence for Independent Validators) Pharma certificate for its Istanbul hub. Turkey joins other airports including Brussels, Miami, Singapore and Zurich as IATA-recognized independent validators. The airline says the recognition follows it successfully meeting the requirements of the international GDP guides (EU and WHO), IATA PCR (Perishable Cargo Regulations) Section 17 and TCR (Temperature Control Regulations), and targeting excellence in air cargo transportation and cargo handling services. IATA says air cargo's share of the global pharma transport declined from 17 percent in 2000 to 11 percent by Read More
  • DHL to open new express terminal at Budapest

    BUDAPEST: August 24, 2016. Construction of a 13,000 sq.mt. terminal for DHL Express at Budapest Airport will begin in September and open in July 2017. DHL has been in the Hungarian market for 25 years and currently operates a daily A300-600 freighter from Leipzig and a Boeing 737 from Brussels to the country's capital. This is the second investment by Deutsche Post DHL following the move by its freight forwarding division to a new facility at the airport's business park in 2013. "We see this as yet another major step forward, not only for the airport, but for the growing Read More
  • LATAM outsources to keep profitable

    SANTIAGO, Chile: August 23, 2016. The LATAM Group reported revenue of US$4.44 billion for the first six months of 2016, a drop of 14.7 percent over the same period last year, as cargo revenue declined 21.7 percent to US$536 million. Group net income improved from a loss of US$89.6 million to a profit of US$10.1 million year-on-year. Second quarter (Q2) revenue declined by 12.5 to US$2.11 billion due to a 13.7 percent fall in passenger and a 22.3 percent drop in cargo revenues. Net losses grew 85 percent in the period to reach US$92 million despite a 12.0 percent reduction Read More
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Latest News

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freightweek - sustainability in the global logistics industry

According to Unilever CEO Paul Polman, geopolitical and climate-related factors mean an extra €300 million a year in distribution costs. He says this not only impacts shareholders but also five million people in the company's supply chain and more than two billion consumers. Unilever's answer: https://www.unilever.com/sustainable-living/

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