Lufthansa provides third-party cargo management service for its leisure carrier Thomas Cook, Spanish airline Spanair and Turkish airline SunExpress, in which Lufthansa owns a majority share. The new company, an outgrowth of those successful operations, packages air freight management services, such as sales, marketing, ground handling, delivery, accounting, tracking, yield and capacity management, for the rest of the market.
The new company will buy cargo capacity and market it, leaving the airline with the responsibility to fly the aircraft.
By outsourcing their cargo activities, airlines are expected to benefit from Lufthansa’s sophisticated cargo network, expertise, and economies of scale. Lufthansa officials have previously stated that their separate subsidiary won’t be obligated to funnel business to Lufthansa Cargo, but will contract with the company that best meets a particular airlines needs. cargo counts also assumes the risk of cancelled shipments and under utilized cargo space.
cargo counts, which began as an in-house project known as Yellow Cargo, originally was planned for a June launch.
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The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now