Chicago Mayor Rahm Emanuel announced that the city has reached a lease agreement with developer Aeroterm, launching construction of the Chicago O'Hare International Airport Northeast Cargo Center. The nearly $200m center, which will sit on approximately 65 acres of property, will be built in three separate phases.
The decision by the U.S. and the European Union to recognize each other's trusted shippers is expected to save those companies money through speedier customs authorization.
Europe's leading network carriers, represented by the Association of European Airlines (AEA), are urging U.S. regulators to fully recognise European air cargo security standards and accelerate progress towards a mutual recognition agreement.
Swissport International Ltd., a provider of air-cargo handling services, is now offering its track-and-trace capability for cargo customers and their partners via mobile phones.
Hong Kong Air Cargo Terminals Ltd. (Hactl) has become the site for the first authorized training center (ATC) to be established by the International Air Transport Association in Hong Kong.
Three cargo charter brokers have joined to form the Global Charter Alliance, reportedly the world's first consortium of independent brokers. Founding members are Pacific Airlift of Singapore, The Charter Store of the U.S., and NEO Air Charter of Germany.
The replacement by Swiss International Air Lines Ltd. of Boeing 737s with widebody aircraft between Zurich, Switzerland and Newark, N.J. will allow Swiss WorldCargo, the carrier's cargo division, to market additional cargo space on that route.
Damco, the freight-forwarding and supply-chain management division of the A.P. Moller-Maersk Group, has joined the Cargo 2000 quality-management system for international air cargo.
The International Air Transport Association (IATA) released global traffic results for February 2012 showing an 8.6-percent improvement in passenger demand and a 5.2-percent rise in cargo demand compared to the same month in the previous year.