All Monthly Exclusive articles – Page 6
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Insights
Putzger perspective: Engine trouble
In May, the US Postal Service did something rather startling. It announced plans to lower rates on some packages. For years parcel rates have only gone in one direction – up, at a steep angle. Year after year, e-commerce shippers have had to swallow eye-watering rate hikes (in double digits, ...
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InsightsEmbedding sustainability in your business strategy
Have you done your ESG materiality assessment?Sustainability pressures, as seen in the latest TIACA Air Cargo Sustainability Report, produced by Change Horizon annually, are ever increasing with 78% of customers, 69% of employees, and 62% of local communities and business partners asking for change.The strategic necessity of sustainable business credentials ...
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Insights
Airfreight rates slide in April
Airfreight rates on major east-west trade lanes declined in April as indicators of a recovery in March showed signs of fading (see chart below).The latest statistics from Baltic Exchange Airfreight Index (BAI) show declines in prices between Asia and Europe, Asia and North America and across the Atlantic.The falls are ...
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InsightsLevelling up the gender gap in logistics
Laura Odell. Source: DG InternationalDG International head of airfreight Laura Odell started in the industry by chance but has since established a longstanding career.If there is one piece of advice UK-based DG International’s female head of airfreight would give to others climbing the corporate logistics ladder, it would be to ...
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InsightsAfrican air cargo sets its sights on long-term growth
Africa’s air cargo market is setting its sights on long-term growth, but in the meantime the continent continues to suffer from the strength of the US dollar and the impact of inflation on export markets.Summarising the last few years, Kenya Airways cargo director Dick Murianki says that there was a ...
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InsightsAir Atlanta opens new chapter with move to 777s
Air Atlanta Icelandic is going against the grain at the moment. At a time when a soft market is accelerating the exit of older aircraft from the scene, the Iceland-based airline is reactivating three B747-400 planes. By June all three should be in action, says chief executive Baldvin Mar Hermannsson.Those ...
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Insights
Putzger perspective: Changing places
Lufthansa Cargo is changing chief executives – again. Dorothea von Boxberg has departed for Brussels, where she assumes her new role as chief executive of Brussels Airlines, another outfit in the Lufthansa Group. In addition, she is taking on the mantle of “Representative of the Executive Board to the European ...
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Insights
Supply chain spotlight: The future of flight
As the aviation industry continues to innovate and adapt to advancements in technology, the UK's Department for Transport (DfT) has formed a new Future of Flight Industry Group.The purpose of the group is to create a UK Future of Flight system, benefitting both the public and industry, that focuses on ...
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Insights
Logistics UK: Sustainability takes flight
Air cargo is a vital part of the logistics sector, providing fast and efficient transportation of goods around the world to meet increasing online consumer demand, but is arguably one of the most difficult modes to decarbonise.As the economy faces rising fuel costs, it is crucial that both government and ...
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InsightsAwery clicks with premium services
(left to right) Tristan Koch, Chief Commercial Officer, Awery; Anna Balan, Head of CargoBooking, Awery.Air cargo software firm Awery in February took the decision to offer its CargoBooking service for free.The online booking portal allows airlines and General Sales Agents (GSAs) to provide freight forwarders with real-time air cargo rate ...
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Insights
Putzger perspective: Freighters lose altitude
Since late spring last year, truckers and ocean carriers have been wondering where the bottom of the market is as demand and rates continued to spiral downward.Now a growing number of players in the freighter market are concluding that it’s time to cut back.Management of shipping line NYK no longer ...
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InsightsTranspacific market: from the doldrums to new highs
After a difficult 12 months, carriers and forwarders expect business on the transpacific to take off in the latter half of the year.Cathay Cargo, the recently rebranded freight arm of Cathay Pacific, is leading the push for a new intermodal service to facilitate flows from the Dongguan area in the ...
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InsightsLufthansa holds hope for a “good year”
Lufthansa Cargo is optimistic about its business prospects for this year with fleet and digitalisation investments continuing to shore up its growth goals.“Lufthansa is back” declared chief executive Carsten Spohr as the German airline announced record group operating profits of €1.5bn for 2022, the biggest financial turnaround in the carrier’s ...
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InsightsAstral Aviation aims for growth
Astral Aviation is pursuing freighter and drone investments to grow its cargo airline business in Africa and beyond.Astral Aviation is setting its sights on China now that the county has relaxed its pandemic restrictions.The Kenya-headquartered cargo airline plans to launch flights to China and add an office in the country, ...
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Insights
Supply chain spotlight: Inflationary pressures hit UK economy
An ongoing challenge to the smooth passage of trade throughout 2022 was the strike action at Felixstowe and Liverpool ports, running from August to October, which caused disruption to supply chains across the country.This disruption has continued into the beginning of 2023, where consumer activity has dropped and as a ...
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Insights
Putzger perspective: Air cargo navigates stormy skies
Recent months have been relentlessly tough to navigate for air cargo carriers, as imploding demand has yanked rates and yields out of the stratosphere to levels last seen before the pandemic.The reverberations are taking a toll on capacity expansion, as operators are having second thoughts on their anticipated need for ...
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InsightsTIACA tackles people and pollution
Trade organisation TIACA is hoping to take a lead when it comes to reducing the emissions generated by air cargo and attracting the next generation of employees.Sustainability is a delicate balancing act for the air cargo industry: maintaining global supply chains while cutting carbon emissions to meet aviation’s net zero ...
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InsightsAsia-Europe air cargo market still in recovery
The Asia-Europe trade lane has been buffeted by weakening demand and the outbreak of war in Ukraine over the last 12 months but there are some opportunities to be found.Air cargo capacity on the Asia-Europe route increased marginally (+3%) from the fourth quarter of 2021 to fourth quarter of 2022, ...
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InsightsAir cargo outlook: challenging market ahead
It’s been an interesting period for the air cargo industry as volumes have been trending downwards since the first half of last year, while the capacity situation continues to change and rates remain above pre-Covid levels despite recent declines.The fall in volumes reflects high inflation that is affecting consumer spending, ...
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InsightsPartnerships key for United Cargo's growth
United is striving to keep its customers onside, evolve strategic partnerships and focus on re-establishing a strong network, explains Ian Putzger.The resurgence in passenger traffic appears not to have dented United Airlines’ cargo business.Although widebodies reverted to passenger routes, the carrier outperformed most other airlines on cargo in the third ...