IATA – Page 22
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WCS: Hong Kong's CPSL tonnage set to rise
Cathay Pacific Cargo Terminal handled 1.45m tonnes of freight in 2014, its first full year of operation, accounting for 40 per cent of overall throughput at Hong Kong International Airport, writes Martin Roebuck.Kelvin Ko, chief executive of Cathay Pacific Services Ltd (CPSL), which operates the facility, expects tonnage to increase ...
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Shanghai boost for e-Freight
Shanghai, the third largest air cargo hub by tonnages, is pushing ahead on e-Freight with an agreement to phase out the need for a security check stamp on paper air waybills (AWBs).IATA and Shanghai Customs, Shanghai Entry-Exit Inspection and Quarantine Bureau, Shanghai Airport Authority, China Eastern Airlines, and Shanghai E-port ...
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WCS: IATA sets out three priorities for air cargo
IATA has called for further progress on paperless airfreight, global standards for handling pharma goods and tough action on the transport of lithium batteries.Tony Tyler, IATA’s director general and chief executive, highlighted “three vital aspects of the air cargo business” during his keynote speech at the association’s World Cargo Symposium ...
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IATA: overcapacity on the up, yields declining
IATA has warned that air cargo’s financial performance “remains poor and does not deliver adequate returns for investors”.The airline association’s 2015 first quarter Cargo eChartbook, while seeing continued positive demand for airfreight commodities, states that overcapacity has resulted in lower load factors and placed downward pressure on yields.Lower jet fuel ...
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Brussels' second wave of CEIV Pharma
Belgian hub Brussels Airport has launched a second pharmaceuticals certification programme for its cool chain community.BRUcargo last year became the first airport to be awarded IATA’s Center of Excellence for Independent Validators in Pharmaceutical Handling programme (CEIV Pharma).“With the launch of this second group the majority of all pharma shipments ...
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Bright start to year says IATA
JANUARY produced a strong rise in global airfreight growth compared to the dep-ressed state of affairs of a year before, IATA statistics reveal.Global freight-tonne-kilometers (FTKs) increased by an encouraging 4.5 per cent in the month compared to January 2013.“This is a significant acceleration on the 2.2 per cent year-on-year growth ...
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Emirates takes e-freight lead
EMIRATES Airline has stolen Cathay Pacific’s ‘e’-crown in the e-freight race, IATA figures show.It is now ranked as the carrier that operates the most eAWB shipments, according to the latest IATA top-10 league table.In other moves, Korean Air has supplanted SIA in third place, KLM has moved up to the ...
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Growth gap between passenger and air cargo widening
PASSENGER volume growth is outpacing air cargo, with a "big gap" emerging in the last three years as onshoring has stifled international trade volumes.IATA chief economist Brian Pearce said that air cargo's role as a lead indicator for passenger volumes has broken down since 2010, as witnessed by a ‘dramatic ...
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International trade stifled by protectionism, says Fred Smith
FEDEX founder Fred Smith has warned that 'the golden age' of double-digit air cargo growth is unlikely to return due to trade protectionism, higher fuel costs and the rapid growth in bellyhold capacity.Smith told the IATA World Cargo Symposium in Los Angeles: "The big reason why international trade is not ...
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Two days faster – or become extinct
SHIPMENTS need to arrive two days earlier than is normal – or the air cargo industry will continue to lose customers to other modes.Reducing transit times is the number one priority if air cargo is to remain competitive and give shippers compelling reasons to stay.Recognising the need for urgent improvements, ...
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IATA rides to the rescue
FULL CREDIT to IATA for upping its air cargo game in the last few years.For an airline association, which traditionally appeared to be more favourably focused on passenger affairs, cargo suddenly has great drive and energy at its core as it wrest-les with a panoply of growing pains.I say suddenly, ...
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IATA to facilitate a unified industry position on aircraft global tracking
IATA has called on governments and industry to focus on partnerships, data analysis and runway safety in the ongoing quest to make flying even safer.Tony Tyler, the association’s director general, speaking amid the ongoing search for MH370, also committed IATA to facilitating a unified industry position on global tracking of ...
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February rise of 2.9 per cent for global air cargo markets
FEBRUARY saw a 2.9% rise in global air cargo markets compared with the same month last year, prompting “measured optimism” from IATA for the sector’s prospects in 2014.According to latest market data from IATA, February’s increase in FTKs continues an early upward trend in 2014, with an overall 3.6% improvement ...
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E-AWB penetration remains flat
GLOBAL E-AWB penetration has remained flat over the last two months partly due to the Chinese New Year, which impacted Asian markets, where e-AWB penetration is high, says IATA.Emirates Airline remains in the top slot as the carrier that operates the most eAWB shipments, according to the association’s top-10 league ...
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IATA warns of "tough year" for cargo
The New Year got off to a slow start for air cargo says IATA in its latest statistical bulletin.While freight tonne kilometres grew 3.2 per cent in January 2015 compared to the same month last year, it was slower than the 2014’s 4.5 per cent average.IATA director general and chief ...
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IATA’s e-AWB agreement gains momentum
MORE air cargo operators have backed the International Air Transport Association’s (IATA) Multilateral e-AWB Agreement, as part of the body’s ongoing e-freight drive. A total of 68 carriers and 824 forwarders have now signed the single standard document, allowing businesses to communicate electronically, rather than use a paper airwaybill.IATA’s e-AWB ...
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Airfreight growth, but yields decline
AIR CARGO executives and airline financial officers (CFO’s) are sanguine about market conditions for the remainder of this year, says IATA.A survey conducted by the association shows businesses have witnessed growth in airfreight volumes over recent months, which is consistent with freight data and more than half of the respondents ...
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Air cargo market levels off, notes IATA
AIRFREIGHT markets were up 5.9 per cent in March compared to a year ago and capacity grew 3.4 per cent, reports IATA.Despite this improvement, air cargo volumes have been basically flat since the beginning of this year, says the association.“This plateau in volumes is consistent with the recent pause in ...
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Jan de Rijk gains CEIV Pharma
Jan de Rijk Logistics has achieved certification in IATA’s Center of Excellence for Independent Validators in Pharmaceutical Handling programme (CEIV Pharma). “With this certification we are able to differentiate ourselves by offering a competitive advantage to our customers”, says Sebastiaan Scholte, chief executive of Netherlands-based Jan de Rijk Logistics, which ...
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New e-signature process for Multilateral e-AWB Agreement
FORWARDERS who want to sign up for IATA’s Multilateral e-AWB Agreement can now do so with just an e-signature.The new process, which is legally binding, secure, as well as efficient and environmentally-friendly, removes the need for parties to print, sign and mail paper documents, says a statement from the association.A ...