All Supply Chains articles – Page 32
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NewsAir cargo market close to pre-pandemic levels but uncertainty ahead
The global air cargo market continued catching up with pre-pandemic levels in February as freight volumes, capacity and load factors stabilised close to 2019’s performance, with rates also slowly trending downwards.This is according to the latest data from industry analysts CLIVE Data Services, which found chargeable weight in February was ...
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News
Supply chain costs to rise as Ukraine crisis bites
Freight forwarders are warning of higher supply chain costs as the impact of the invasion of Ukraine disrupts transportation operations.The forwarding sector said the airspace restrictions imposed by Russia, European states, Canada, the UK and in North America were forcing airlines to cancel and adjust services."Adjustments to flight schedules are ...
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InsightsRobust demand and rates for Asia-Europe air cargo
Asia-Europe air cargo trade looks set to continue with high rates and demand in 2022, writes Roger Hailey.Turbulence is an understatement when describing the many variables facing air cargo’s Asia-Europe trade lane in 2022.A cocktail of ingredients looms ominously: possible Covid-19 variants shutting down factories as well as airlines and ...
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InsightsSupply chain spotlight: Greener skies ahead
Photo: Scharfsinn/ ShutterstockThe Scottish Government is a leader in setting climate change targets, having committed to achieving net-zero greenhouse gas emissions by 2045.To determine how to meet its net-zero target while continuing to receive the social and economic benefits of air travel, the Scottish Government intends to produce an aviation ...
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InsightsHow regional freighters offer a load to recovery
Airbus and Boeing are betting on the continuing ascent of air cargo after going head to head in large twinjet freighters with their respective A350F and 777-8F launches.Meanwhile, prompted by a reviving global economy and lively e-commerce sector, orders for passenger-to-freighter (P2F) widebody and narrowbody conversions continue to soar, with ...
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News
Expeditors' operations begin to come back online following cyber attack
Expeditors is beginning to handle shipments again following a cyber attack two weeks ago.In its latest update, the US forwarder said that it was making progress in returning to normal operation, although recovery efforts are still underway."We are now handling shipments and providing services across most products and expanding recovery ...
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Supply chains face extension of airspace closures
The European Union (EU) has closed its airspace to Russian aircraft as sanctions continue to be imposed in response to the conflict in Ukraine.Yesterday, the president of the European Commission, Ursula von der Leyen, announced that all aircraft owned, operated and controlled by Russian entities would be banned from entering ...
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Expeditors continues to battle cyber attack
Expeditors continues to work on getting its operations back to normal following a cyber attack on February 20.In a February 23 statement regarding its work to restore operations, the US forwarder said: “Our employees are focused on deploying backup procedures and solutions during this time. Our cybersecurity and technology teams ...
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Ukrainian airspace closes while impact on trade expected
Ukrainian airspace has been closed as navigation services declare the region an active conflict zone.Early this morning, the European Union Aviation Safety Agency (EASA) issued a conflict zone information bulletin covering Kiev, Lviv, Dnipropetrovsk, Simferopol and Odessa flight information regions for all altitudes.Additionally, as a precautionary measure, the EASA said ...
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NewsAir Cargo News Awards open for entry
It’s that time of year again… the prestigious Air Cargo News Awards are officially open for entry so it’s time for companies to put their 1,000 word submissions together.The awards, now in their 38th year, honour and celebrate those companies that have invested in providing great customer service, operational excellence ...
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NewsExpeditors' operations hit following cyber attack
Source: ShutterstockGlobal operations at Expeditors are facing disruption after the US forwarder became the latest supply chain firm to suffer a cyber attack.On Sunday, the company told customers that it had suffered a targeted cyber attack. The forwarder said that it was working with global cyber-security experts to resolve the ...
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NewsChennault Airport invests $4m in air cargo
Chennault International Airport cargo facility render. Source: Chennault International AirportChennault International Airport in Louisiana, US is nearing completion of a $4m facility to enter into the air cargo sector.Construction of the 10,000 sq ft air cargo pass-through facility began in June 2021. It is expected to be completed this summer, ...
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Amazon targets freight forwarding with Global Logistics offering
Amazon is looking to ramp up its freight forwarding business as the e-commerce giant continues to expand its supply chain offering.Reports suggest the company is looking to grab marketshare in freight forwarding by offering low price container shipping services.German publication Handelsblatt said the low-price policy comes at a time when ...
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News
Emirates SkyCargo adds Chicago Rockford flights
Emirates SkyCargo has started freighter flights to Chicago Rockford International Airport (RFD) as it looks to expand connectivity in North America.The Dubai-based carrier said that from February 1 it has been operating scheduled and ad-hoc flights to Chicago Rockford on a combination of Boeing 777F and Boeing 777-300ER PAX freighters.The ...
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Maersk swoops on Pilot to expand US forwarding presence
Shipping giant AP Moller Maersk has swooped on US forwarder Pilot Freight Services as it continues to expand its logistics presence.The transaction price is $1.7bn and the deal is expected to be completed in the second quarter of 2022. The current owners of Pilot are private equity firm ATL Partners ...
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NewsSurvey reveals logistics sector's uncertainty over recovery
Logistics professionals are uncertain about the global economic outlook in 2022 but a majority feel air and ocean rates will begin to moderate by the end of the year.The latest Emerging Markets Logistics Index from logistics firm Agility and consultant Transport Intelligence found the supply chain sector was split over ...
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NewsMiddle East J&T Express logistics park aids air cargo
J&T Express launches in UAE and Saudi Arabia. Photo J&T ExpressThe air cargo industry is set to benefit from J&T Express’ plans to build the biggest smart logistics industrial park in the Middle East and North Africa (MENA) region.Express delivery company J&T Express said it will set up its MENA ...
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Insights
2022 set to be the year of charter operations for freight forwarders
It seems that 2022 will once again be a year of cargo charter flights for freight forwarders.James Gagne, president and chief executive of Seko Logistics, outlined a challenging market for freight forwarders in 2022.He highlighted ongoing issues in ocean shipping, labour shortages due to Covid hitting port/airport operations, ongoing consumer ...
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Insights
Putzger perspective: The challenge of finding cargo capacity
As the industry battles with the latest wave of disruption from Covid-19 traditional thinking and practices are becoming redundant, if not outright liabilities, writes Ian Putzger.The Omicron virus may be less deadly than prior variants of the virus, but it is taking a heavy toll on businesses and their supply ...
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InsightsOutlook 2022: Another challenging year for air cargo
With 2022 off to a busy start, Air Cargo News caught up with a range of companies to find out what their expectations are for the coming 11 months. Damian Brett reports.Around September last year, the air cargo industry was tentatively hoping that the market could be setting out on ...