All Supply Chains articles – Page 29
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NewsCMA CGM to invest in AF KLM and partner on freighters
(L) Benjamin Smith, AF KLM and Rodolphe Saade, CMA CGM. Source: AF KLMCMA CGM is planning to purchase a 9% stake in Air France-KLM Group as part of a new partnership that also includes combining their freighter operations.The two firms today announced that they had signed a 10-year exclusive strategic ...
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Shanghai aims to end lockdown in June
Shanghai is aiming to end the Covid lockdown that has heavily affected manufacturing output on June 1.The city's deputy mayor outlined a phased approach to lifting its lockdown and restrictions on movement started to ease after March 21.The move comes as community infections reached zero for the third day, according ...
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NewsGIG Aviation to add ATR freighters as it targets e-commerce
Source: ATRNigeria-based GIG Aviation has signed up to purchase two ATR 72-500 freighters as it looks to meet growing e-commerce demand in Africa.The regional turboprops will be the company's first freighters and will assist sister company GIG Logistics as it looks to expand its network in Africa to meet the ...
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Cathay Pacific to add more cargo flights as restrictions ease
Cathay Pacific has welcomed the Hong Kong government's easing of crew quarantine rules and said the adjustments will allow it to expand its cargo operations.The new rules mean that vaccinated cargo crew will no longer be required to quarantine on returning flights but will be subject to a 14 day ...
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InsightsNordic air cargo market weathers turbulence
Challenges created by ongoing reduced airfreight capacity and Ukraine war constraints have seen the Nordic air cargo market continue to invest and innovate to meet new challenges, writes Damian Brett.Times have been turbulent for the Nordic air cargo market over the last couple of years.Like much of the industry, companies ...
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NewsIAG Cargo benefits from expansion of Spain-US flights
Source: IAG CargoIAG Cargo is benefiting from a 40% increase in flights between Spain to the US since March from its airline sister companies, Iberia and LEVEL.Iberia's expanded network includes regular connectivity between Madrid and Los Angeles, Boston, and Chicago, with flights to New York and Miami departing twice a ...
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DSV and K+N outline a complex market with higher rates to continue
Kuehne+Nagel (K+N) and DSV highlighted a complex logistics market in their recent quarterly updates, with higher freight rates to stay, softening consumer demand and ongoing supply chain disruption.K+N was the first to reveal its results, with revenues and profits continuing to surge on the back of acquisitions on higher prices ...
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NewsShanghai PVG air cargo capacity drops by two thirds in April
Air cargo capacity out of Shanghai has been reduced to just a third of its level last year in response to the city wide lockdowns that have caused production to grind to a halt.The latest statistics from Accenture's Seabury Consulting show that in the first two weeks of April, cargo ...
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Shanghai capacity creeps back but trucking trouble remains
Flight capacity is slowly improving but trucking remains in trouble as the Shanghai lockdown goes on and there are concerns a lockdown could be rolled out in Beijing.Flexport said in a market update on April 26 that Shanghai continues to undergo lockdown due to high amounts of Covid cases.A round ...
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NewsBAFCO joins WACO
Mohammad Aslam Kazi, chairman, BAFCO. Photo: BAFCOGlobal freight management and logistics network The WACO System (WACO) has announced that BAFCO International Shipping and Logistics Co., Ltd. (BAFCO) will be the latest addition to its global freight forwarding network as the representative for Saudi Arabia.Along with services including airfreight, ocean freight, ...
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Dimerco's China-Mexico Air+Road service off to a flying start
Freight forwarder Dimerco's recently launched Air+Road service from South China to Mexico handled more than 70 shipments since its launch.The company said that so far the bonded service, which utilises freighter services from China to either Los Angeles or Dallas and then cross-border trucking to Mexico, has handled 76 shipments ...
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NewsCall to improve safe transport of lithium batteries
Source: DestinaDesign/ ShutterstockAirfreight and ship transport of lithium batteries needs to become safer to prevent fires, TT Club has said.The international freight transport insurer said it is calling for increased vigilance to ensure secure and safe lithium battery supply chains following a number of recent fire incidents affecting container transport, ...
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NewsAir Canada Cargo adds second freighter and expands network
Source: CNW Group/Air CanadaAir Canada Cargo has added its second freighter aircraft allowing it to start ramping up its freighter network with new destinations in Canada and Europe.The airline said that the addition of its second B767-300ER will allow it to start high frequency freighter services from Halifax Stanfield International ...
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Shanghai factories to restart production but supply chain issues continue
Factories in the Shanghai area are slowly returning to production in a closed-loop system but supply chain disruption is expected to continue for some time.Companies were last week asked to submit plans to stop of the spread of Covid-19 before they could re-start production.In total, 666 companies have been white ...
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NewsLockdowns spread in China as Shanghai measures could ease in May
Photo: ShutterstockShanghai lockdown measures that are impacting airfreight operations in the city and putting pressure on supply chains are expected to continue for the next two to three weeks.This is according to Flexport, which warned that although there is light at the end of the tunnel for Shanghai, cities near ...
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NewsNE Asia-Europe capacity drops more than 20% due to Ukraine crisis
Air cargo capacity on the north east Asia-Europe trade lane has dropped 22% since the end of February when the Russian invasion of Ukraine began, according to the latest figures from Accenture's Seabury Consulting.The consultant compared capacity on the trade between March 12-18 with February 19-25 as it has taken ...
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NewsThe logistical challenge of the Ukraine crisis relief effort
The refugee crisis created by the conflict in Ukraine has dominated the headlines and in response there have been an array of aid shipments to countries bordering Ukraine, but the Humanitarian Logistics Association (HLA) warned that this approach needs careful thought.Sarah Schiffling, senior lecturer in supply chain management at Liverpool ...
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Shanghai airfreight remains under pressure from city lockdown
Operations at Shanghai Pudong International Airport (PVG) remain constrained as it largely handles pre-lockdown air cargo and supply chain operations are still limited.This is according to the latest advisory from UK-based logistics, freight forwarding & supply chain specialist Woodland Group.Commenting on how Shanghai is coping with its extended Covid lockdown, ...
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NewsOceanfreight consolidation set to benefit air cargo in the long term
Tom Crabtree. Source: Air Cargo NewsThe consolidation of the oceanfreight market is set to benefit the air cargo market in the long term as the price differential between the two modes will remain closer than in the past.Speaking at this week's Nordic Air Cargo Symposium, Boeing Commercial Airplanes market analysis ...
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NewsWhen will air cargo's supply-demand balance return to pre-Covid levels?
The air cargo market could see its supply-demand balance return to pre-covid levels in 2025, although that prediction comes with a plethora of caveats.Speakers at the Nordic Air Cargo Symposium were tasked with taking a look at air cargo’s road to recovery and they concurred that industry turbulence was set ...