All Supply Chains articles – Page 13
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InsightsDP World delves into air cargo
DP World is building its end-to-end supply chain ambitions with the launch of its first air cargo logistics hub.DP World is easing into the air cargo industry with the launch of a new air cargo logistics hub in Punta Cana, Dominican Republic.Morten Johansen, chief operating officer of DP World Americas ...
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InsightsEmerging trends in air cargo
Neil Bulfield. Source: DG InternationalIn this column for Air Cargo News, Neil Bulfield, head of airfreight at DG International, reflects on the current state and projected future of the airfreight industry, revealing several critical trends and challenges for 2024.The evolution of e-commerceWhile e-commerce is still a relatively new phenomenon, it’s ...
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News
US FAA orders urgent inspection of 747 lightning protection
The US Federal Aviation Administration (FAA) has ordered all US Boeing 747 operators to carry out urgent inspections of lightning protection systems on the aircraft.The US FAA yesterday issued an airworthiness directive ordering all 747 operators to carry out the inspections due to early degradation of the lightning protection safety ...
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NewsAsia holds demand and capacity cards
DHL Global Forwarding (DHL GF) paints a broadly stable picture for air cargo demand in its November 'Air Freight State of the Industry' report."Air cargo demand remain(s) steady, with a slight increase month on month (MoM), and remains flat year on year (YoY)," surmised the report.While overall demand was stable, ...
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News
Rates continue to rise in November despite muted demand
Airfreight rates on major east-west trade lanes continued to pick up in November as weather conditions, e-commerce demand and capacity constraints helped push up prices (see dashboard at end of article).The latest figures from the Baltic Exchange Airfreight Index (BAI) – taking into account both spot and contract rates – ...
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NewsSwissport sells stake in its Saudi business to drive air cargo
Osama Al Sayed, chairman of ASYAD (left), and Warwick Brady, president and chief executive of Swissport. Photo: SwissportSwissport International is selling a minority stake in Swissport Saudi Arabia to Saudi business portfolio ASYAD Holding in a bid to further expand its Saudi presence in air cargo handling.The Swiss aviation services ...
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NewsAir cargo's rollercoaster ride set to end in 2024?
The air cargo rollercoaster ride of the last few years is looking like it could end in 2024 with "classic seasonality" set to return, although there could still be some bumps along the way.In its market outlook for 2024, data provider Xeneta predicts that air cargo volumes will rise by ...
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News
US forwarders brace for kickback on larger shipment screening rules
US freight forwarders are bracing for shipper kickback on recently implemented security requirements for larger shipments.At the end of October, shippers wishing to fly cargo that cannot be screened due to size or volume restrictions – such as aircraft engines, oil drums, or oil field drilling equipment - were required ...
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News
Dutch government backs down on Schiphol flight cuts
The Dutch government has backed down on its plans to cut the number of flights at Schiphol Airport after objections from the US and European Union.In August, the government announced that it would implement plans to cut flight numbers at the airport from 500,000 per year to 452,500 from winter ...
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News
Cathay Cargo provides peak season update as cargo operations hit by Anchorage snowstorms
Cathay Cargo has reported that the market is approaching the "peak of the peak" although cargo operations are being affected by extreme weather.Cathay Pacific regional head of cargo Southeast Asia Ashish Kapur said that the most pronounced peak is happening out of Hong Kong, led by e-commerce exports from the ...
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News
WestJet Cargo and Flexport partner on Canadian airfreight exports
Canadian airline WestJet Cargo has partnered with supply chain logistics platform Flexport to widen the reach of Canadian airfreight exports into Asia.Under the agreement, Flexport will ship Westjet Cargo's export cargo to key Asia hubs via its existing dedicated freighter network.WestJet Cargo will deliver Canadian cargo to Chicago O’Hare International ...
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NewsAir cargo poised to benefit from ocean shipping issues in 2024
Source: Air Cargo NewsAir cargo could benefit from a reduction in ocean shipping reliability next year as box lines contend with antitrust rule changes.Speaking at the TIACA executive summit, Xeneta chief airfreight officer Niall van de Wouw ranked the criteria shippers considered when selecting between air and ocean.He said that ...
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NewsSwissport opens air cargo terminal in Spain
Swissport cargo terminal at Zaragoza Airport. Photo: SwissportSwissport is growing its cargo business in Spain with the opening of a new air cargo terminal at Zaragoza Airport.The new cargo terminal, which officially opened for business in October, spans more than 4,000 sq m.The facility has 14 truck docks for fast ...
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NewsFedEx pack an economic punch
Image Source: FedExFedEx Corporation has released its annual Economic Impact Report, a study that assesses the company’s worldwide network and its role in driving innovation over the course of the 2023 fiscal year (defined by FedEx as running from June 1 2022 to May 31 2023).The report is used to ...
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NewsAir cargo outlook: Subdued demand expected in 2024
Source: Air Cargo NewsAir cargo executives are expecting air cargo demand in 2024 to be flat or at best slightly above this year's levels, according to speakers at the Tiaca Executive Summit event.Adopting probably the most positive outlook for air cargo demand in 2024 at the event was data provider ...
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NewsFourKites report suggests supply chain data not being used effectively
Image Source: FourKitesSupply chain visibility platform provider FourKites has released a report entitled ‘Data-Driven Decisions: Why Many Supply Chains Are Falling Behind’ that suggests fewer than half of US/UK supply chain leaders are leveraging their supply chain data to inform their strategy and 14% aren’t using supply chain data at ...
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NewsFreighter operator Teleport adds another partner with VietJet tie up
Source: TeleportMalaysia-based cargo airline Teleport has continued to expand its airline partnerships through a new agreement with VietJet.The two airlines this week signed a Memorandum of Understanding (MoU) at the Air Cargo Southeast Asia 2023 event in Singapore.The partnership will combine Teleport's Southeast Asia network with VietJet's global operations.The move ...
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Insights
Putzger perspective: The times, they are a-changin’
The logistics landscape is changing with significant shifts in trade flows, while the structure of e-commerce business is evolving, but this doesn’t mean air cargo will be left out in the cold… As Bob Dylan sang a few decades ago, ‘the times, they are a-changin’. Take cargo flows into the ...
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NewsRegionalisation of supply chains could see tougher competition for air cargo
Source: Air Cargo NewsThe air cargo industry may face increased competition from the maritime, road and rail sectors as changes take place that shorten the distances within supply chains.Speaking about 'Strategic priorities for post-pandemic supply chains' at the transport logistic and air cargo Southeast Asia in Singapore, supply chain specialist ...
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News
EAC conference examines the crucial role of air cargo
This year's European Aviation Conference will take place in Luxembourg and will have a focus on the importance of air cargo, as explained by the event organiser in the following article for Air Cargo News:The recent Covid-19 epidemic shed a shining light on the (literally) vital importance of logistics, and ...