Cathay Pacific Cargo has been rebranded as Cathay Cargo as part of the Cathay group’s overall brand redesign. The launch of the new name follows several ‘refreshed’ solutions, said the carrier, including Cathay Priority and Cathay Pharma. Cathay Mail. Group chief executive Ronald Lam said, “This is an opportune moment to align our cargo business with the master brand as we continue our cargo investments in Hong Kong and the Greater Bay Area for a promising future. This rebrand reflects our Cargo business’ commitment to the same ‘Move Beyond’ ambition as the Group, while building on a strength that the Cathay brand has long been known for – offering leading-edge services to our customers.” A statement said, “These services cater to the respective burgeoning demands by customers for effective temperature-sensitive solutions, and efficient and reliable delivery solutions with new digital technology that better meets the requirements for shipment visibility, reliability and speed.” The rebranding will be done officially in March.

Suid Cargo Airlines, South Africa’s newest Cargo Airline, will begin non-scheduled flights from its hub at OR Tambo International Airport in the second quarter of 2023 utilising a leased Boeing 727-200F from Kenya’s Astral Aviation, in addition to Astral’s Boeing 747-400F, Boeing 767 and Boeing 757F on charter basis. Making the announcement at the air cargo Africa 2023 event in Johannesburg, Thomas Honiball, Accountable Manager and CEO, stated that it plans to acquire additional freighters in 2024 which will comprise of narrow body freighters such as the Airbus 320F or Boeing 737-800F in addition to the Embraer 190 Freighters in 2025. “We are honoured to support South Africa’s newest Cargo Airline, Suid Cargo Airlines, initially with our Boeing 727-200F and to offer our fleet of B747-400F, B767F and B757F on charter basis, which will enable the start up Cargo airline to scale its operations to cover Southern, West and East Africa including Asia, Middle East and Europe,” Astral Aviation’s CEO Sanjeev Gadhia said. Kevin Moodley, Commercial Director of Suid Cargo Airlines, explained that the new airline will promote exports from South Africa in addition to transit shipments to over 20 African destinations, and will have a unique Sea-Air Cargo product from the Ports of Durban and Cape Town thus reducing transit time to the land locked regions in Africa. Suid Cargo will enter into long term partnership with freight forwarders, consolidators, integrators, e-commerce retailers and shipping lines in addition to interlining with African and Foreign Airlines to promote the Johannesburg Hub with plans to transition to scheduled services in 2024 which will include operating a domestic network.

According to Knight Frank’s Asia-Pacific Logistics Highlight H2 2022 report the Asia-Pacific (APAC) logistics market saw a rental growth of 2.5% in year over year (YoY) terms, slightly lower than the 3% YoY increase seen in 2021. The key Indian cities Mumbai, Bengaluru and Delhi-NCR featured among the top 10 APAC markets in terms of warehousing rent growth in 2022. Data for Indian markets relates to financial year. The report which tracks prime logistics rents across 17 key APAC markets cited that all the cities recorded stable or increasing rents in 2022, except Bangkok, which saw rent contract by 0.1%, its first decline since the start of the pandemic. In comparison, Australasia continued to outperform APAC markets, registering a strong performance at an average yearly growth rate of 12.9%. Sydney led the region in rental expansion with a 29.6% YoY growth. Mumbai ranked 6th in the APAC logistics market in terms of annual rental growth. At INR. 22/ sq ft/ month, the city witnessed rental appreciation of 9.3% YoY in 2022. Mumbai is expected to gain an additional warehousing space supply of 1.1 mn sq ft in 2023. Bengaluru ranked 8th in the APAC logistics market on the basis of annual rental growth. At INR. 20/sq ft/ month, the city witnessed rental appreciation of 6.4% YoY in 2022. Bengaluru is expected to gain an additional warehousing space supply of 0.5 mn sq ft in 2023. Delhi-NCR ranked 9th in the APAC logistics market based on annual rental growth. At INR 19/ sq ft/ month, the city witnessed rental growth of 5.9% YoY in 2022. Delhi NCR is expected to gain an additional warehousing space supply of 1.1 mn sq ft …

APM Terminals Pipavav has partnered with Contrans Logistics to develop a state-of-the-art warehousing facility in the proximity of the port. The logistic park will offer a modern warehousing facility and customized logistics solutions, APMT said in a statement. The multi-modal logistics park will support international and domestic storage requirements and several value-added services to customers. It offers connectivity with international and coastal shipping routes, access to the Indian rail network through the dedicated freight corridor (DFC) and connects to the evolving road network in Gujarat and the northern hinterland. The MMLP was inaugurated by Birna Osk, chief ..

Allcargo Logistics announced that it has entered into a securities purchase agreement (SPA) with BRE Asia Urban Holdings to acquire 90% equity share capital and optionally convertible debentures (OCDs) of Madanahatti Logistics and Industrial Parks. Madanahatti Logistics and Industrial Parks was incorporated on 6 December 2018. It is engaged in the warehousing leasing and management business. The company reported a turnover of Rs 3.05 crore for the financial year ended 31 March 2022. The company stated that the acquisition aligns with real estate business being demerged into TransIndia Realty & Logistics Parks and is a strategic fit with future plans. The company will acquire 5,40,000 shares or 90% of the equity shareholding of Madanahatti Logistics for a cash consideration of Rs 6.36 crore and 1,07,78,147 Class A OCDs for Rs 17.60 crore.

Qatar Airways Cargo has partnered with iNOMAD, a Korea-based cutting-edge air cargo platform, to enable better connectivity for one of the airline’s major customers in South Korea, Woojung Air and also help the airline increase its footprint in South Korea as SMEs operating with Woojung Air will be able to compare Qatar Airways Cargo’s offerings on the iNOMAD portal. Woojung Air is a prominent consolidator in South Korea and one of the top customers of Qatar Airways Cargo. Guillaume Halleux, Chief Officer Cargo at Qatar Airways said, “Digital transformation is high on our agenda as part of our VISION 2027 and Next Generation Strategy. The integration and partnership with iNOMAD brings multiple benefits to our customers in South Korea such as enhanced visibility of our capacity, rates as well as real time confirmation of their shipments. Customers can benefit from instant access to these features at their fingertips and that is the huge advantage digitalisation brings in.” Joon-suk Yim, the CEO of iNOMAD, said, “Its strength is to promote the accessibility of air cargo service by optimizing extensive logistics data for clients and provide boundless service and information to both IATA/CASS members and non-members in real-time. Developing this business, we are grateful and proud to start a new partnership with Qatar Airways, a top-tier airline, that can provide us with vital information in expanding our logistics service.” He also added, “We aim to become a search engine for the air logistics field in which clients can check the information they need in real-time, regardless of time and place. We thus plan to do our best to nourish our customized services to build a stronger partnership, cherishing the meaningful opportunity to …

IBS Software has announced the completion of a transaction to acquire Accenture Freight and Logistics Software, which provides technology platforms to help airline and ocean transportation companies manage freight operations and grow through digital transformation. The acquisition will strengthen IBS Software’s leadership as a technology provider to the airfreight industry by bringing together complementary solutions and a shared vision for innovating and transforming the air cargo businesses, a company spokesperson announced. VK Mathews, Executive Chairman of IBS Software, said the acquisition is an important milestone for the company’s cargo and logistics business in its bid to broaden its global footprint, with ocean transportation being a natural adjacent industry to expand into. “It is also a synergistic opportunity to bring decades of our experience and expertise to the ocean cargo business, as well as strengthen our own capabilities to provide greater value to the air cargo customers.”

Kenya Airways Cargo is looking to expand its freighter fleet following the success of its cargo-only flights during the Covid pandemic. Speaking at an event, Kenya Airways’ cargo director Dick Murianki said the carrier would initially look to add to its existing short-haul freighter fleet, which currently consists of two B737-300Fs. Murianki said that the carrier was hoping to add two B373-800Fs, which have better range and can reach further afield than the existing freighters. “They can go from Nairobi to the Middle East and India and even have the range to reach Istanbul and southern Europe carrying around 20 tonnes,” he explained. He said that once the two B737-800Fs are in place, the carrier would then examine long-haul freighters. On the reasoning behind the freighter investments, Murianki said that during the Covid crisis the airline had expanded its cargo operations using its passenger aircraft. “We developed a customer base during the Covid time that is yearning for more, especially to the Middle East and India,” he said. Kenya Airways chief executive Allan Kilavuka also added that two B787-9 Dreamliners had been used on cargo-only flights to long-haul destinations in China and Europe during the pandemic, with each aircraft able to carry around 50 tonnes per flight.

Asian consumer logistics experts LF Logistics, a subsidiary of a shipping, energy, and logistics conglomerate Maersk, has taken up warehousing space in the National Capital Region (NCR) sprawling 5 lakh square feet (sq ft). Located in Horizon Industrial Parks in Farukh Nagar, the company will use this facility to fulfil commitments from northern India. “LF Logistics has extensive Asia experience in delivering end-to-end logistics solutions. We are keen to bring this experience to India and transform the logistics landscape with quicker turnaround times. We are pleased to join hands with Horizon Industrial Parks in Farukh Nagar, to cater to the growing needs of our customers in North India,” said Prem Ramachandran, Head of India, LF Logistics. Rahul Pandit, CEO-Horizon Industrial Parks, added that a company of such a scale and an appetite to grow fast in India required a partner who would collaborate and be agile for proactive execution and timely delivery.

Delhi Customs Brokers Association (DCBA) along with Rotary Club of Vaishali and Icare Eye Hospital, Noida organised a Free Eye Check Up Camp & Distribution of Free Spectacles for valid driving license holders at the Transport Building of ICD TKD, New Delhi, from February 14 to February 16, 2023. The Eye check-up camp was successfully concluded with around 200 drivers of various transport/logistics companies availing of this facility. Commenting on this welfare programme for the larger interest of the exim trade and logistics industry Puneet Jain, President, DCBA said, “Our association is duty-bound to accelerate the growth of the Exim trade of the country supported by seamless transport & logistics services. The ambitious PM Gati Shakti National Masterplan has put huge impetus on logistics operation with required speed and support system in place. Accordingly, it is of utmost importance for the industry to take care of the health of the drivers for safe transportation. The free Eye Check Up & Free Spectacles for valid driving license holders is one of the ongoing initiatives of DCBA collaborating with Rotary Club of Vaishali, which would encourage the industry stakeholders and more NGOs to come forward to help the drivers/wheels of logistics industry to facilitate foreign trade of the country.” Adding further Devendra Singh Bhadoria, Hony. Secretary, DCBA stated that the event, which was held on the Golden Jubilee year of the Association, has been very successful in terms of its objective of reaching out the needy truck drivers who are the vital elements of the entire supply chain/logistics operations. Delhi Customs Brokers Association, being a part of the end-to-end logistics industry, is committed to work for the wellbeing of the truck drivers …