The move transitions African air cargo services away from a point-to-point system by making use of interline carriers and Coyne’s own network. Cargo on the new routes is expected to run the gamut from massive oil and gas equipment to small parcels. Officials expect good volumes in both imports and exports.
“There is a lot coming out of Africa, and not just pineapples and roses. Beauty products, textiles, and handicrafts are increasingly being exported, and there is oil and gas equipment which needs to be returned,” Coyne’s commercial director, Michael Clements, said in a statement.
“This is a new style of service for Africa,” he continued, “designed to give forwarders the kind of peace of mind they require when moving freight to challenging destinations.”
In a recent speech, Larry Coyne, the carrier’s chief executive officer, said the air cargo business in Europe will go through a significant transformation in the next five years, with European legacy airlines leaving the long-haul freighter business. Increased competition, declining Asian yields and shippers taking cargo out of the skies are reasons the bigger airlines will make way for niche air cargo companies like Coyne. – Jon Ross
Brokerage Compliance Symposium
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.
F3 Awards Dinner
The 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.
F3: Future of Freight Festival
Industry-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 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