All Accenture articles
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News
Seabury highlights a mixed picture for air cargo
Sander Schuringa. Source: Air Cargo NewsWhile the air cargo industry faces dark clouds there are reasons to stay positive, according to Accenture's Seabury Cargo.Speaking at the TIACA Air Cargo Forum, the consultant's commercial manager Sander Schuringa highlighted the current headwinds facing the air cargo sector.He pointed to air cargo demand ...
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Shanghai PVG air cargo capacity drops by two thirds in April
Air cargo capacity out of Shanghai has been reduced to just a third of its level last year in response to the city wide lockdowns that have caused production to grind to a halt.The latest statistics from Accenture's Seabury Consulting show that in the first two weeks of April, cargo ...
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NE Asia-Europe capacity drops more than 20% due to Ukraine crisis
Air cargo capacity on the north east Asia-Europe trade lane has dropped 22% since the end of February when the Russian invasion of Ukraine began, according to the latest figures from Accenture's Seabury Consulting.The consultant compared capacity on the trade between March 12-18 with February 19-25 as it has taken ...
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Air cargo capacity climbs but rates remain high
Air cargo capacity continued to edge back towards 2019 levels at the end of November but strong demand and congestion has continued to push up prices on the transpacific.Figures from Accenture's Seabury Consulting show that air cargo capacity in the last two weeks of November was 5% lower than the ...
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Preighters unlikely to offset rising air cargo demand
The use of passenger aircraft in an all-cargo configuration is unlikely to offset rising air cargo demand for the peak season.Writing in the Baltic Exchange monthly market summary, Bruce Chan, vice president of global logistics at investment bank Stifel said that issues in ocean shipping, high ocean prices and ongoing ...
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Carriers quick to return cargo capacity to the market after Christmas
Air cargo capacity quickly recovered to pre-Christmas levels after a temporary dip over the break, according to the latest figures from Accenture's Seabury Consulting.The latest Seabury figures show that capacity across express carriers, freighter carriers and bellyhold operations dipped in the last week of the year (see chart) but was ...
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Poor supply chain visibility a challenge to growing e-commerce market
A survey carried out by freight forwarder Geodis and analyst Accenture Interactive has found that a lack of supply chain visibility is one of the key challenges faced by retailers looking to capitalise on growing e-commerce demand.The survey of 200 retailers in Europe and North America showed that 76% of ...
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Airfreight rates stable in September as carriers add capacity
Airfreight rates on some of the world’s main trade lanes stabilised at an elevated level in September as carriers continued to slowly add cargo capacity.The latest figures from data provider TAC Index show that average rates on services from Hong Kong to North America were up 52.9% year on year ...
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Air cargo capacity slides as airport congestion slows operations
The gap between air cargo capacity in 2020 and last year has grown again as airport congestion has slowed freighter operations.The latest data from Accenture's Seabury Consulting shows that global air cargo capacity was last week 28% lower than a year ago. Last week the figure stood at 25%.The decline ...
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Virgin Atlantic Cargo eyes a digital future
Virgin Atlantic Cargo has just announced that it is the first to adopt the 8.0 version of the cloud-enabled, end-to-end Accenture Freight & Logistics Software (AFLS) platform which Accenture says will “reinvent the way [Virgin] communicate and operate with customers, employees and partner ecosytems.”Reinvent in what way exactly? And who ...
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Virgin Atlantic to adopt AFLS 8.0 cargo management platform
Dominic Kennedy, managing director of Virgin Atlantic Cargo, and Ganesh Vaideeswaran, managing director of Accenture’s AFLS business, pictured at Air Cargo Europe 2019 in MunichVirgin Atlantic is to implement the Freight & Logistics Software 8.0 (AFLS 8.0) platform from Accenture in a move that it said will add a further ...