Twenty years ago marks the moment Lufthansa Cargo and WorldACD began their air cargo market data journey. Lufthansa Cargo was one of the early adopters and among the first airlines to join WorldACD.
“We are pleased to announce that we have renewed our subscription to WorldACD’s market data. As a data-driven company, the completeness, depth, and reliability of WorldACD’s market data are essential for our commercial decision-making and enhance our strategic planning,” said Frank Bauer, CFO and labor director of Lufthansa Cargo, during the contract signing at the transport logistics event in Shanghai.
“We look back on a very pleasant and productive cooperation with Lufthansa Cargo, and we look forward to the next 20 years of working together. We particularly appreciate the engagement of the staff at Lufthansa Cargo: they keep us on our toes and continue to make suggestions for further innovation, which contributes to WorldACD’s product development,” said Ken de Witt Hamer, CEO of WorldACD Market Data.
Earlier, Lufthansa Cargo and Best Services International Freight joined forces to use sustainable aviation fuel.
Lufthansa Cargo and Best Services International Freight (BSI) have agreed to reduce the Chinese logistics company’s CO2 emissions associated with airfreight. BSI will invest in a total of around 137,000 liters of Sustainable Aviation Fuel (SAF) from Lufthansa Cargo to offset the CO2 emissions caused by its flights. The two companies reached the agreement on June 26 during this year’s transport logistic China trade fair in Shanghai.
“Best Services International Freight is our first customer in China to opt for the use of more than 100 tons of SAF,” said J. Florian Pfaff, Head of Region Asia Pacific. “Examples like this help reduce our CO2 emissions and promote the use of SAF worldwide. Every customer who takes advantage of this opportunity is making a significant contribution to the decarbonization of logistics. The interest shows us that there is great potential for this, especially in Asia.”