Weekly News Roundup 6-13 August

A brief roundup of the news and events that took place last week… all in 2½ minutes…

 

Asia
Dacher Korea has been awarded Authorised Economic Operator (AEO) status enabling it to offer its customers enhanced export competitiveness thanks to priority treatment at customs. Over in Hong Kong it was pretty much business as usual at Hong Kong International Airport (HKIA) in July, with cargo volumes remaining steady, the one exception being airmail volumes which plummeted 24 per cent in the month.

And also in Hong Kong, Cathay Pacific reported more red ink for the first six months of 2018, but it did manage to improve its lot compared to the same period last year, thanks in part to rising cargo volumes and yields. In nearby Shenzhen, SF Airlines continued its international expansion with a new service connecting its Shenzhen Bao’an International Airport hub to India’s Chennai, with its first B767-300F maiden flight packed full of Xiaomi consumer electronics.

China’s Belt and Road initiative got some outside support, with Volga-Dnepr doubling-down on its substantial presence in China with a commitment to work with partners in Henan province on unspecified projects inline with the Belt and Road initiative.

It was good morning Vietnam for DHL eCommerce and Express staff recently as they attended a workshop by TRAFFIC to help them learn how to prevent shipping and transport of prohibited wildlife.

And some bad news with IATA‘s latest statistics pointing to a worsening global air cargo environment, with growth in the first half of this year only half of what it was at the same point last year, heralded by an Asian growth rate of only 1.5 per cent in June 2018.

Europe
Turkish Cargo proudly pointed to a 10.7 per cent growth in China during the January-May period, highlighting it managed the growth despite a slowing in the Chinese market. The carrier’s first half results showed a 28 per cent growth in cargo year-on-year, but the obvious caveat being the US trade tariffs that have devastated the Turkish lira.

Up in German logistics group Rhenus extended its temperature-controlled capabilities with the acquisition of Irish logistics specialist Avant Air and Sea. And for news on the ‘Mega’ company, Deutsche Post DHL Group saw its revenue rise revenue 1.4 per cent to more than EUR 15 billion in the second quarter of 2018. The results were sustained by “significant gains” at DHL Express and Global Forwarding, Freight, but its Post – eCommerce – Parcel (PeP) division remains a bit ill. And the heat was also on at DHL Global Forwarding, with a major multimodal move of four giant waste heat boilers from Germany to Saudi Arabia.

London Gatwick has reason to cheer, with China Eastern starting up a new passenger service from Shanghai Pudong which will bring some belly cargo its way.

Americas
Venezuela’s increasingly dire political and economic crisis is taking on a nasty humanitarian crisis angle, with IAG Cargo moving critical vaccines on behalf of Indian biopharmaceutical company, Biological E. to help combat the outbreak of diphtheria.

More action in Latin America on the GSSA front with ATC aviation acquiring Chilean GSSA GrupoPFS (Pacific Feeder Service), hot on the heals of ECS’ recent acquisition of Brazilian GSSA BCS.

Meanwhile up north, Air Canada Cargo makes its mark as the first carrier to be awarded IATA’s new global certification for the safe transport of live animals – CEIV Live Animal. American Airlines has also popped the champagne corks to celebrate a record-setting second quarter with 158,000 tonnes of cargo, with thanks to pharma, fruit and flowers.

Anchorage International Airport is enjoying the summer weather and long days of sunlight with a 5.2 per cent rise in cargo volumes in the first half of 2018. The Air Transport Services Group (ATSG) also saw a rosy Q2 on the back of its aircraft leasing and airline businesses with its B767 freighters doing a roaring business.

Africa
Out of Africa, Ethiopian Cargo has started a new B777-200F service between Oslo airport and China’s Guangzhou airport catering to Chinese consumers’ rising demand for imported seafood.

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