All Supply Chains articles – Page 22
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News
Call for insurance market to relax Syria rules for aid flights
Air cargo group Tiaca has called on insurance markets to relax procedures and penalties when flying to Syria to help get aid into the country following last week's devastating earthquake.The cross-industry group described the procedures and financial penalties implemented by insurance markets when flying into Syria as "stringent".The strictness of ...
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NewsEtihad and Astral partner on Nairobi cargo flights
Source: Etihad CargoEtihad Cargo and Astral Aviation have signed a new partnership that will help expand the Middle Eastern carrier's presence in the African market.As part of the memorandum of understanding, Etihad Cargo will benefit from cargo capacity out of Nairobi via the introduction of additional services from Nairobi to ...
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NewsGCL accelerates its expansion with automotive acquisition
Source: Global Critical LogisticsGlobal Critical Logistics (GCL) has acquired UK-based Classic Automotive Relocation Services (CARS) as it looks to expand its geographical presence and customer base.CARS is a specialist in the shipment of historic and rare vehicles by road, air, and seafreight, operates a network of specialist storage facilities and ...
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NewsDHL and Cainiao to partner on e-commerce in Poland
William Xiong, Cainiao Network and Pablo Ciano, DHL eCommerce Solutions. Source: DHLDHL eCommerce Solutions is purchasing part of the equity securities of Cainiao's subsidiary in Poland as the companies look to partner on investments in the country.Following the completion of the transaction, the two companies plan to invest €60m to ...
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Insights
Putzger perspective: e-freighters anyone?
E-freighters offer an attractive cargo solution, but they come as freighter demand has slowed down, writes Ian Putzger.In the Superman comic strips, reporter Clark Kent would rapidly transform himself into the superhero to perform his stunning feat to avert a massive disaster and then morph back into the bespectacled journalist. ...
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NewsDSV reports on a strong year
Denmark-headquartered supply chain services provider DSV has revealed strong results for 2022, which it said had been driven by “good performance across all our business areas”.Over 2022, its gross profit increased by 33%, while earnings before interest and taxes (EBIT) before accounting for special items rose by 48%.DSV’s Air & ...
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NewsDB Schenker in it for the long-haul with cargo charter network
Source: Air Cargo NewsDB Schenker will continue its air cargo charter operation for the long-term and expects other forwarders to do the same despite recent market weakness.Speaking to more than 400 delegates at a busy World Cargo Summit, DB Schenker global head of airfreight Asok Kumar outlined Covid-related developments that ...
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News
No signs of Chinese New Year rise in air cargo demand
Any hopes of a surge in air cargo demand ahead of the Chinese New Year/Lunar New Year holiday appear to have faded as economic pressures continue to put the breaks on consumer spending.The two-week holiday this year falls on January 22 but industry players are not expecting to see the ...
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News
Ethiopian the latest to increase China flights
Ethiopian Airlines has become the latest carrier to add bellyhold capacity to the China market following the easing of Covid restrictions.The carrier said that the frequency of flights will increase starting on February 6 and return to pre-Covid levels on March 1.Starting on February 6, Ethiopian Airlines will operate daily ...
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News
Shanghai Pilot Free Trade Zone to launch cargo tracking service
Shanghai Pilot Free Trade Zone will begin to track air cargo shipments to help automate processes and improve cargo visibility.The free trade zone partnered with software firms Champ Cargosystems and Sita after it was mandated by the Shanghai municipal government to set up a cargo tracking service platform to track ...
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News
DHL: Demand down but hope as inflation expected to ease
DHL Global Forwarding’s December 2022 ‘Airfreight State of the Industry’ report painted a fraught operating landscape but the outlook isn't entirely gloomy.Following November's low volumes, demand continued to remain reduced on most trade lanes and is likely to continue into 2023, said the report.DHL said that e-commerce shipments only added ...
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News
US SMEs explore nearshoring to avoid supply chain disruption
US small- and medium-sized enterprises (SMEs) are moving their supply chains closer to their home market at a faster rate than predicted to help minimise supply chain disruption.A survey from Gartner-owned consultant Capterra shows that 88% of the 300 SMEs surveyed plan or are currently in the process of switching ...
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Insights
Putzger perspective: Full steam ahead for air cargo headwinds
Industry forecasts for this year are largely pessimistic with the outlook for demand muted at best, though capacity looks set to grow, writes Ian Putzger.“Air cargo peak season has now officially failed to materialise,” wrote Freightos head of research Judah Levine on December 7, pointing to year-on-year drops of more ...
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Insights
Where now for UK air cargo? A year in review
2022 saw its fair share of challenges within the logistics industry, as the UK continued to navigate post-pandemic life and the government underwent reforms.As the economy returned to a new normal, air cargo has proved its value as a key link in keeping the country’s supply chain intact, but has ...
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News
Rates end 2022 on a flat note but ahead of pre-Covid levels
Airfreight rates on key trade lanes ended the year on a flat note, but remain above pre-Covid levels.The latest statistics from the Baltic Exchange Airfreight Index (BAI) show that average rates – both contract and spot – paid by forwarders on services from Hong Kong to North America in December ...
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News
Air Cargo News' most read in 2022
Last year was another turbulent year for the air cargo industry as the rapid growth experienced in 2021 turned to decline and capacity began to open up as passenger networks re-opened.Despite the demand declines, volumes stayed ahead of pre-Covid levels and rates remained far above the levels achieved in 2019 ...
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NewsMiami Airport reaches high for cargo capacity
Miami International Airport (MIA) is adopting a vertical approach to meeting air cargo capacity demand as it contends with limited space.The airport’s “Vertically Integrated Cargo Community” project envisions a five-storey storage warehouse which is expected to more than double its current cargo capacity.Expected to break ground next year, the estimated ...
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News
Tiaca positive for air cargo in 2023 despite tough outlook
Air cargo association Tiaca is predicting another tough 12 months for air cargo demand, but has also outlined positives for the industry.In its latest newsletter, the association said that high inflation, high interest rates, high energy costs and concern over job security have compounded to create an air of defensive ...
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NewsRhenus Air & Ocean gains GDP certification at Schiphol Airport
GDP certificate. Photo: Rhenus Air & OceanRhenus Air & Ocean’s pharma-focused business site at Amsterdam Airport Schiphol (AMS) has gained the Good Distribution Practice (GDP) certificate.The Dutch headquarters of Rhenus, which has been IATA CEIV Pharma accredited for years, follows the footsteps of the business site at Frankfurt Airport, ...
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NewsCargo-partner completes Ljubljana expansion and SAF flight
Copyright: cargo-partnerLogistics firm cargo-partner has officially opened its expanded logistics facility close to Slovenia’s Ljubljana Airport and announced a Sustainable Aviation Fuel (SAF) project.The company opened its iLogistics Center two years ago, but brought forward the planned expansion of the facility, originally scheduled for 2024-2026, to this year in response ...