All Supply Chains articles – Page 12
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News
Ethiopian Cargo adds Casablanca to freighter network
Ethiopian Cargo & Logistics Services is adding Casablanca, Morocco to its freighter services.The carrier said in a LinkedIn post on January 4 that it "has finalized preparations to launch freighter services to Casablanca, Morocco".Ethiopian Cargo added that it will begin operations to Casablanca on January 9.The airline has not specified ...
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NewsAir cargo eyes a year of uncertainty and opportunity
Geopolitical uncertainty and unpredictability could fuel demand for air cargo as shippers move to benefit from the stability of services.Figures from data provider Xeneta show that air cargo demand increased by 9% year on year in December - although this is partly a reflection of a weak end to 2022 ...
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News
Red Sea conflict sees air cargo demand rise
Airfreight demand is rising as a result of the Red Sea conflict impact on Suez Canal shipping, according to Bolloré Logistics.The international transport and logistics company said that the "volatile" situation, which has resulted in higher rates, increased transit times and supply chain delays, will squeeze airfreight capacity."The increased ocean ...
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NewsAir Cargo News' most-read stories 2023
Photo: Khongtham/Shutterstock.The past 12 months have been another tough period for the air cargo market as a sluggish global economy transferred through to weak air cargo volumes.However, airfreight rates and revenues remained above pre-covid levels and e-commerce and other special product categories continued to support the market. There were also ...
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NewsDHL and JAL team up on 767-300F operations
(From left) Tony Khan, president and representative director of DHL Japan and Yuichiro Kito, executive officer - Cargo & Mail of Japan Airlines. Photo: Japan AirlinesDHL Express and Japan Airlines (JAL) have signed a long-term contract to utilise JAL'S Boeing 767-300 freighters.The companies said in a press release that they ...
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NewsGebrüder Weiss expands in Australia
Michael Zankel, regional manager East Asia/Oceania at Gebrüder Weiss. Source: Gebrüder Weiss/ SerraInternational logistics company Gebrüder Weiss is expanding its network in Australia with the opening of a new Air & Sea office in Brisbane.This is now the third location operated by the international logistics company in Australia, following on ...
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News
DHL Express strike ends across US
DHL has struck a “tentative deal” to end a 12-day strike by DHL Express workers at Cincinnati/Northern Kentucky International Airport (CVG).1,100 DHL Express workers began the strike at CVG on December 7.The following week they were joined in solidarity by other DHL workers at facilities across the US.Workers involved in ...
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News
Panama and Suez Canal double crisis threatens global supply chains
Persisting Suez Canal and Panama Canal-related supply chain delays and increased rates may see shippers and forwarders opting for air cargo.Shipping operations are currently being compromised by the need to avoid the Suez Canal due to the risk of attacks in the Red Sea, and restrictions on the Panama Canal ...
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NewsDHL Express workers extend strike action across the US
Photo: International Brotherhood of TeamstersDHL is now facing strife across the US as workers step up strike activity following the start of industrial action at Cincinnati/Northern Kentucky International Airport (CVG) earlier this month.Employees at DHL Express have expanded their picket lines to multiple locations across the US, including Boston and ...
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News
Abu Dhabi wealth fund eyes DB Schenker?
It is just over a year ago that Deutsche Bahn announced it would examine how best to offload freight forwarding and logistics business DB Schenker.Since the state-owned German railways giant made that statement, there has been no further announcements on the progress of the sale directly from Deutsche Bahn itself.Instead, ...
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News
Shippers and forwarders expected to target longer term deals in 2024
Shippers and forwarders are returning to longer term and fixed-capacity agreements as the air cargo market continues to normalise.In a recent market update, Flexport vice president and global head of airfreight Zeid Houssami said that part of this switch to longer fixed-capacity contracts was partly driven by the rise of ...
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NewsGeodis and Titan launch new China-UK cargo route
Photo: Chongqing Airport GroupBritish charter airline Titan Airways and forwarder Geodis have launched a new round-trip cargo route from Chongqing Jiangbei International Airport in southwestern China to London Stansted Airport in the UK.To serve the route, London Stansted-headquartered Titan is operating an Airbus A330-300 freighter that is exclusively leased by ...
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NewsRealterm acquires Calgary Airport air cargo facility
Photo: RealtermGlobal investment manager Realterm has acquired the Airfreight Logistics Centre at Canada's Calgary International Airport to expand its transport logistics property portfolio.The centre is situated on land leased from the Calgary Airport Authority, directly adjacent to the airfield at the Calgary International Airport (YYC), which handles 75% of Alberta’s ...
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News
Air cargo market shifts to e-commerce
The air cargo market has undergone a "fundamental shift" to e-commerce over the last few months, which has helped support increases in airfreight rates.Writing in the monthly Baltic Exchange newsletter, Neil Wilson of airfreight rate data provider TAC Index said that rates have been increasing over the last few months ...
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NewsDHL Express CVG strike could disrupt peak season operations
DHL workers on strike at CVG. Photo: International Brotherhood of TeamstersMore than 1,100 DHL Express workers at the Cincinnati/Northern Kentucky International Airport (CVG) began a strike yesterday that has the potential to cause disruption to express operations.CVG is the main international hub in the US for DHL Express. The hub ...
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NewsAIPUT scoops the Air Business of the Year at Logistics UK Awards
Source: Logistics UKAirport Industrial Property Unit Trust (AIPUT) was the winner of the air cargo award at this year's Logistics UK Awards.The awards ceremony took place last night with a glittering reception and celebratory gala dinner at the Park Plaza Westminster Bridge, London.AIPUT was the winner of the Air Business ...
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NewsXeneta doubts air cargo demand improvements will be long lived
Air cargo volumes were boosted by seasonal e-commerce demand from Asia in November, but Xeneta is doubtful the industry will see sustained stronger demand.November was the first month this year that saw demand outstrip supply, but, echoing IATA's concerns, the rate analytics platform said global airfreight capacity will likely continue ...
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NewsLufthansa Cargo adds fourth A321F
Lufthansa Cargo fourth A321F. Photo: Lufthansa CargoLufthansa Cargo has added a fourth A321 freighter to its short- and medium-haul network as part of its plan to expand capacity.The freighter, with the registration D-AEUJ, has been operating in Lufthansa Cargo’s network since November, and has already made its first flights to ...
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InterviewsLiege goes for growth
Liege Airport is on a growth mission and head of commercial Frederic Brun has taken on the challenge. Airports should step up their efforts in the air cargo supply chain and actively communicate with other stakeholders, otherwise, they could lose their worth. Historically this is something airports have fallen short ...
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InsightsFedEx targets growth in the UK and Ireland
FedEx UK & Ireland is gearing up for growth at Stansted and Dublin as e-commerce demand continues to drive the need for investment.Speaking at Stansted Airport in the UK, Alun Cornish, managing director, ramp and gateways operations for Northern Europe at FedEx, revealed that the company had just implemented a ...