All Monthly Exclusive articles – Page 12
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Insights
Air cargo revs up for changing automotive market
The airfreight industry is adapting its solutions to support the automotive sector, as more vehicles on the roads are electrified.The automotive sector will see more change in the next two years than it has in the last 20 to 25 years, according to Dave Dudek, executive vice president, global automotive ...
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CLIVE: Carriers tweak capacity as load factors weaken in July
Air cargo dynamic load factors hit their lowest level since the start of the Covid-pandemic in July as the industry entered the summer slack season, according to the latest figures from CLIVE Data Services.CLIVE data shows that dynamic load factors stood at 66% in July, which is down by three ...
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Insights
Ongoing boost from shipping and bellyhold shortages for freighter operators
A slow recovery in belly capacity and higher rates in ocean shipping are expected to boost air cargo for the coming years, according to Boeing’s Tom Crabtree.Speaking to Air Cargo News, Crabtree, who is regional director, Boeing Commercial Airplanes market analysis — air cargo, said that air cargo demand had ...
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Insights
Scan Global Logistics targets a top 15 spot in air cargo
Scan Global Logistics (SGL) has revealed ambitious plans to become one of the world’s top 15 airfreight forwarders over the next five years.The Copenhagen-headquartered forwarder’s global chief operating officer for sea and airfreight, Mads Drejer, said SGL is currently in the top 40 air forwarders with volumes of around 100,000 ...
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Insights
Cathay Cargo: Developing and delivering the agenda
Airfreight digitalisation and customer-centric products are top of the long-term strategic agenda for Cathay Pacific Cargo as it navigates the pandemic with a focus on vaccine distribution and e-commerce.Air Cargo News spoke to Rajesh Menon, regional head of cargo for South Asia, the Middle East and Africa for the cargo ...
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Insights
Road Feeder Services: Under pressure
The road feeder services (RFS) industry in Europe has been under increasing pressure over the last year – but it’s putting measures in place to continue serving growing demand.The growing strain on the RFS sector over the last year is a knock-on effect from increased global air cargo volumes.The slow ...
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Insights
Logistics UK: Decarbonising airfreight
In June, Logistics UK partnered with Aberdeen Standard Investment’s AIPUT (Airport Industrial Property Unit Trust) to present government with a call for action to enable the UK to facilitate the sustainable growth of its vital airfreight industry.As part of this submission, one of the 11 key recommendations made focused on ...
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Insights
Rates stable in July but elevated prices expected into 2022
Image: ShutterstockAirfreight prices on major east-west trade lanes remained stable in July — albeit at a high level — and expectations are that pricing will remain elevated this year.The latest figures from the Baltic Exchange Air Freight Index (BAI) show that in July average airfreight rates from Hong Kong to ...
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Insights
Cargo must capitalise on current airline focus
Ashok Rajan. Source: IBS SoftwareAshok Rajan, senior vice president and head of cargo and logistics at IBS Software says air cargo must keep its seat at boardroom tables when passenger travel rebounds.What air cargo trends have you observed over the last 12 months and how is the market changing?The outlook ...
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Insights
Putzger perspective: Freighter options
Shippers are desperate for capacity to make sure their goods get to market. Disruptions and equipment shortages have resulted in billions of dollars in lost business.In the US a growing number of shippers are considering a return to proprietary truck fleets.DIY equipment and materials retail giant Home Depot has even ...
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Insights
IATA: Strongest half-year cargo demand since 2017 but capacity remains constrained
IATA has highlighted the need to re-establish passenger network connectivity to boost bellyhold capacity and ultimately airline revenues, as cargo demand remains strong.Speaking at a media update this week, Ezgi Gulbas (pictured below), senior economist at IATA, said overall cargo demand in the first half of this year was 8% ...
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Insights
Putzger Perspective: Parcel monster?
Over the past 15 months, e-commerce has been the chief engine of growth for air cargo, as well as other sectors, from warehousing to fulfillment technology start-ups, but is the industry nurturing a monster with dire consequences for many forwarders and airports?Two years ago there was a lot of skepticism ...
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Insights
Lufthansa Cargo: Laying foundations for the future
Under new leadership of Dorothea von Boxberg, Lufthansa Cargo is future-proofing its business with sustainable solutions and an increased focus on digital.Dorothea von Boxberg became chief executive at Lufthansa Cargo in March and has been keeping busy ever since.During her first few months in the role, she has been focussing ...
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Insights
Air cargo energy logistics: Up and coming
Covid’s impact saw many energy projects suspended or postponed, but the market’s specialist logistics providers are already recharging their batteries for post-pandemic demand.The sudden and significant decline in bellyhold capacity due to Covid drove up the rates for freighter flights, mainly for general cargo but with some effect on heavylift ...
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Insights
Air cargo rates cool in June for summer slowdown
Air cargo rates settled down in June as the industry entered a seasonal slowdown in demand, but airlines and forwarders appear to be expecting a busy peak season. The latest figures from the Baltic Exchange Air Freight Index (BAI) show that average prices from Hong Kong to North America in ...
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Insights
Swissport’s new CEO aims to join the dots
Warwick Brady (Source: Swissport)Running a global business presents a whole host of challenges but Swissport’s recently appointed chief executive and president Warwick Brady says that bringing its various regions even closer together is one of the company’s key priorities.Warwick Brady joined Swissport in April at a time of change for ...
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Insights
IATA: Air cargo remains the "good news story" for the air transport sector
IATA has reported in its latest market analysis that air cargo volumes in April this year continued to outpace pre-Covid (2019) levels.The association said this was largely due to the strong performance of carriers based in North America, the Middle East and Africa.Global air cargo demand in April 2021, measured ...