Business – Page 117
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News
Panalpina's new 'lean' business model
PANALPINA is the first global logistics company to gain accreditation for its ‘lean training’ programme.The achievement comes two years after the company’s logistics division set out to incorporate lean manufacturing principles into its global operations.The Lean Competency System (LCS) accreditation, developed in partnership with the UK’s Cardiff University, means that ...
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2014 'a challenging year for air cargo'
GLOBAL air cargo grew by only 1.4 per cent last year as the whole industry fought its way out of a world recession.IATA figures show that cargo markets made very slow progress during the first half of the year, but acceleration took root in the latter half of 2013, eventually ...
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Jacques Ancher wins TIACA ‘Hall of Fame’ award
AIR CARGO veteran Jacques Ancher is the 2014 winner of The International Air Cargo Association (TIACA) Hall of Fame award.The former executive vice-president of KLM Cargo is credited with changing the way air cargo is perceived in airline boardrooms around the world. He is the 49th industry executive to be ...
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Air Zimbabwe board 'investigated'
REPORTS from Harare claim that Air Zimbabwe has had its entire board of directors fired by Zimbabwean Minister of Transport, Obert Mpofu.The airline's management is at the centre of an alleged US$11million insurance scam following a forensic audit of the airline's operations.According to the ministry, a soon-to-be-appointed reconstituted board will ...
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One Question
Doug Brittin, secretary general of TIACA, answers:"Some things are very difficult to put a hard timeline on. For example, advanced data for customs information: In the USA, the CBP (US Customs and Border Protection agency) is drafting a rule right now. The EU has not started their one yet, but ...
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SATS gets IATA pharma seal of approval
SINGAPORE Airport Terminal Services’ (SATS) perishables handling facility has become the world’s first centre of excellence in pharmaceuticals handling, as certified by IATA.SATS Coolport was set up to cater for high growth in pharmaceuticals airfreight at Changi airport. Last year it handled more than 15,200 tonnes of pharmaceuticals.IATA certification gives ...
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Asia's big demand for aircraft
BOEING says strong economic and passenger growth will be the main drivers of future new aircraft demand in the Asia Pacific region.The US planemaker estimates the region’s airlines will need an additional 12,820 aircraft, valued at US$1.9 trillion, and representing 36 per cent of the world’s new fleet deliveries over ...
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TIACA steps up membership drive
TO BOOST membership numbers The International Air Cargo Association (TIACA) is offering a member referral incentive scheme.Existing members will save up to 100 per cent of their membership fees in the following year if they successfully recommend an applicant.“It is the goal of TIACA to increase its membership on a ...
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Landing in the wrong place
PILOTS attempting to land at the wrong airport happens more often than is realised, it seems.I’ve been reading reports from the USA about how some 150 commercial flights have at least started a descent to the wrong airport in the last 25 years.I was intrigued by this phenomenon after the ...
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Air cargo boosts K+N's growth
A MARKET-BEATING airfreight contribution helped Swiss global logistics company Kuehne + Nagel [K+N] back on the road to profitable growth last year.Overall operational profits (EBITDA) increased by 4.6 per cent to US$1,083 million after an ‘excellent’ airfreight performance, states Dr Detlev Trefzger, chief executive.The company met its profit margin target ...
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Panalpina expects airfreight market to grow by 2-3 per cent
AIR, ocean and logistics company Panalpina made steady progress in 2013 – and expects the airfreight market to grow by 2-3 per cent this year.In 2013, the Swiss group reported pre-tax earnings of US$54million, more than double the 2012 result. The company outperformed the market in both air and ocean ...
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Edging towards e-freight
IF you have the idea that targets for the IATA e-freight programme keep slipping, you are not wrong.At the 2010 Air Cargo Forum the expectation was that the whole air cargo industry would be paperless by 2014, but the target IATA now has is for 22 per cent of feasible ...
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The cost of modal shift
MODAL SHIFT to ocean and other surface freight has cost the air cargo industry almost two percentage points of annual growth since 2000.The problem is set to continue at a moderate pace, says a report conducted by research firm Seabury Group and IATA.It reveals that airfreight’s share of total global ...
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Agility's profits up
AGILITY’s overall profits climbed 37 per cent to KD46.2m (US$164.09m) in 2013, despite revenue from its core Global Integrated Logistics (GIL) business falling by 4.5 per cent.Tarek Sultan, chairman and managing director, blamed the decline on “underlying challenges in the freight forwarding industry, including difficult airfreight conditions and falling ocean ...
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IATA cargo boss Des Vertannes stepping down in June
DES VERTANNES, head of cargo at IATA, is retiring from his position in June.A universally popular and hard-working professional, Vertannes is stepping down to spend more time with his family.Under his leadership, IATA’s cargo division has been responsible for numerous significant advancements, including the widespread adoption of new security regimes, ...
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Have you given paper the boot?
I HAVE absolutely no idea how many companies out there are totally ignorant of the urgent need to digitise their documents.If there are any – and remember, this is the airfreight business I’m talking about – here’s a brief word of warning: we’re in the age of technology, the age ...
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Panalpina beats the market in 2013
PANALPINA increased its airfreight business by three per cent last year, beating the market’s one per cent growth.It transported some 24,000 tonnes more, reaching an annual total of 825,000 (2012: 801,000].At the same time, increasing competitive pressure led to gross profit per tonne decreasing by approximately two per cent.In total, ...
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K+N air freight volumes edge ahead
KUEHNE + NAGEL saw airfreight volumes increase 1.4 per cent in the 2014 first quarter to 285,000 tons, although divisional air cargo turnover fell 0.9 per cent to just over SFr1bn.The Switzerland-based logistics operator said that the volume increases in air cargo were mainly realised in Europe and North America, ...
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WACO enjoys members boost
GLOBAL forwarder network WACO has welcomed four new businesses from the Middle East, Africa and Latin America.Kuwait Maritime and Mercantile Co, Lyn Cargo Express of the Dominican Republic, Iraq-based BCC Logistics and OMA Group, representing Benin, Ghana, Ivory Coast and Togo in West Africa, were officially appointed as members during ...
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CHAMP: A man with all the right connections
THE PAST year has been a busy one for CHAMP Cargo-systems and the next one looks to be no less busy. For a business that is continually urging modernisation and change on others, one cannot accuse the IT company of shirking it itself.Successful ticks on the 2013 to-do list of ...