All Supply Chains articles – Page 30
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NewsShipping giant Maersk launches new air cargo business
Maersk B767-300F. Source: AP Moller MaerskShipping giant AP Moller Maersk has launched its new air cargo business as it looks to meet customer demand for supply chain security.The company, which owns the world's largest container shipping line, said that its new Maersk Air Cargo business will be operational in the ...
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NewsAir cargo demand takes a hit in March but rates stay high
Air cargo volumes in March declined compared with a year earlier as the market was hit by the war in Ukraine, sanctions and lockdowns in China.The latest figures from CLIVE Data Services, which is part of the Xeneta rate benchmarking platform, show that demand for March was 4.5% down compared ...
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NewsRoyal HaskoningDHV acquires air cargo supply chain specialist
From left: Erwin Faber (Districon), René Dahmen, Sabine Bink, Marije Hulshof (Royal HaskoningDHV), Jeroen Kiks and Jack Pool (Districon). Photo: DistriconNetherlands-based engineering consultancy firm Royal HaskoningDHV has acquired Netherlands-located supply chain solutions company Districon that has links to the air cargo industry.Districon brings to the deal its "knowledge of optimising ...
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Moscow supports Volga-Dnepr with "unprecedented" deal
The Russian government has signed an "unprecedented" deal with the Volga-Dnepr Group for the creation of air bridges between Russia and several countries to carry critical goods.Writing in his blog, the Mayor of Moscow, Sergey Sobyanin, said that on behalf of the president of Russia, Vladimir Putin, an agreement had ...
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NewsDachser revenues exceed €7bn for the first time
Photo: DachserAirfreight charters helped German logistics company Dachser record a 78.3% jump in revenues at its Air and Sea Logistics unit to just over €2bn in 2021.Total group annual revenues went above €7bn for the first time, a 20% increase over Covid-hit 2020, while the forwarder also warned of continuing ...
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Shanghai airfreight disruption continues
Airfreight and wider supply chain disruption is set to continue in Shanghai as the city remains under lockdown.Shanghai started a two-phase lockdown on March 28. Restrictions were due to end on April 5, but the city’s government has extended the lockdown, now covering the whole city.Dimerco’s air- ocean freight market ...
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InsightsAirfreight customers take hit from Ukraine rates rise
Airfreight customers will pay the price as the Russia-Ukraine war continues and impacts rates.Speaking exclusively to Air Cargo News, The Air Charter Association chief executive officer Glenn Hogben says airlines have been forced to change their Asia-Europe routes to avoid Russian and Ukraine airspace since the later country was invaded, ...
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Insights
Putzger perspective: Are yields too good for change?
Chief financial officers of cargo carriers could be excused for taking a sabbatical, safe in the knowledge that pricing will remain in the stratosphere for some time.The mix of low inventory levels, continuing volatility and the continuing congestion in maritime supply chains with tight capacity was spelling lofty rates already, ...
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Insights
Supply chain spotlight: Ukraine crisis adds to heavylift constraints
In his latest Air Cargo News column, Brandon Fried, executive director of the US Airforwarders Association, looks at how the Ukraine crisis will impact the air cargo industry.The Ukraine crisis continues to upend the lives of 44m citizens, bringing unspeakable horror as the rest of the free world looks on ...
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InsightsU-Freight predicts “erratic pricing” ahead for airfreight
U-Freight America’s Rick Keller tells Roger Hailey that block space agreements are out and spot rates are resulting in instability for air cargo costs, but there are still opportunities for savvy forwarders.It has been a difficult two years for supply chain partnerships in the air cargo business. Bellyhold capacity plunged, ...
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NewsMajor new logistics park to support Kansas City International Airport
Photo: Hunt MidwestPlans have been unveiled to build the largest logistics park in the State of Missouri to support the air cargo business at Kansas City International (KCI) Airport.Kansas City-based real estate development company Hunt Midwest recently closed on the acquisition of over 1,300 acres located adjacent to KCI.The property ...
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Geodis strengthens logistics presence in Asia with acquisition
Logistics company Geodis has signed a binding agreement to acquire Keppel Logistics to boost its contract logistics presence and e-commerce fulfillment services in Singapore and Southeast Asia.Based in Singapore, Keppel Logistics is a contract logistics specialist with close to 500 employees. Active throughout Southeast Asia, Keppel Logistics owns over 200,000m2 ...
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NewsChallenge Group reveals ambitious freighter fleet growth plans
The Challenge Group, which includes two freighter airlines, cargo handling and logistics businesses, is aiming to triple the size of its fleet over the next five years as it builds on a busy start to the decade.Challenge Group chief executive Yossi Shoukroun tells Air Cargo News that much has changed ...
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NewsZeitfracht’s German Airways moves into marine logistics with drones
Photo: Zeitfracht GroupZeitfracht Group and its subsidiary German Airways have now agreed to purchase 17 Wingcopter 198 transport drones for use in offshore wind farm transport.The deal, which sees Zeitfracht Group and German Airways amongst the first companies in the world to use drones commercially in logistics, comes with options ...
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NewsFedEx teams up with Elroy Air on US drone network
Source: FedExFedEx Express has partnered with drone firm Elroy Air to develop the first end-to-end autonomous vertical take-off and landing (VTOL) aerial cargo system.The tie up will see FedEx Express test Elroy Air’s Chaparral autonomous air cargo system within the company’s middle-mile logistics operations in the US, moving shipments between ...
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NewsCharterSync lands 250th Covid flight out of China
Photo: CharterSyncCharterSync has landed its 250th flight out of China carrying vital Covid-19 medical supplies including test kits and syringes.Between November 2021 and March 2022, the air cargo charter business facilitated the arrival of 57 flights of Covid-19 syringes and test kits into the UK, with an additional 193 flights ...
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NewsLogistics firms predict Shanghai lockdown airfreight disruption
Global logistics firms are anticipating disruption, delays and price increases for air cargo supply chains in Shanghai following the start of a nine-day Covid lockdown in the city.Shanghai started a two-phase lockdown on March 28. From this date until April 1, the city’s east side, including Pudong, will be locked ...
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Cathay Pacific freighters to return to Europe in April
Cathay Pacific Cargo will restart freighter flights to Europe after an absence from the trade lane of more than three months.The carrier will add a twice-per-week B747 freighter flight from Hong Kong to Frankfurt - operating on Wednesdays and Saturdays - starting on April 13.From Frankfurt the airline will offer ...
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CargoLogic Germany suspended from EU airspace and CargoLogicAir fleet inactive
CargoLogic Germany has been told it is no longer permitted to fly in European Union airspace while sister company CargoLogicAir has not conducted a flight for almost two weeks.Flight tracking websites show that UK-registered CargoLogicAir’s two B747-400Fs are currently parked at Los Angeles International and Frankfurt Hahn having conducted their ...
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US Airforwarders back ocean shipping reform bill
The US Airforwarders Association (AfA) is backing the proposed Ocean Shipping Reform Act of 2022 that it claims will address ongoing port disruption.The association has signed a stakeholder letter that backs the implementation of the reform act as many of its members are full-service freight forwarders offering a variety of ...