Supply chains – Page 14
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News
Pharma.Aero takes aim at sustainability with new project
Air cargo group Pharma.Aero has launched a new project to identify the attributes required for an environmentally friendly transport of pharma products.The primary goal of the project is to assist pharmaceutical manufacturers and freight forwarders in integrating sustainability considerations into their freight procurement and lane assessment processes to help reduce ...
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News
New book examines the decline of globalisation
A new book written by chief executive of consultant Transport Intelligence John Manners-Bell will soon be launched examining the recent decline in Globalisation.The book, named The Death of Globalization, examines how initial optimism for the rise of globalisation proved to be misplaced and how neo-protectionism has transformed the economic landscape.The ...
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NewsAir Partner delivers emergency humanitarian aid to Afghanistan
Air Partner Afghanistan aid. Photo: Air Partner via Houston PR agencyAir Partner’s cargo division helped deliver humanitarian medical aid to Afghanistan following the earthquakes which struck the country earlier this month.On October 22, Air Partner delivered 82 tonnes of emergency relief from Copenhagen to Kabul within the same day.The humanitarian ...
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NewsUPS Q3 revenues struck by soft demand
UPS has reported a 12.8% dip in third quarter revenues year on year, which it said was due to a drop in demand as a result of "unfavorable macro-economic conditions".The US integrated logistics solutions company said third-quarter 2023 consolidated revenues were $21.1bn.Consolidated operating profit was $1.3bn, down 56.9% compared to ...
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NewsWFS grows cargo capacity at JFK by 20%
An artist impression of how the new WFS cargo terminal in New York JFK will look when it opens in Q1 2025. Source: WFSWorldwide Flight Services (WFS) will increase cargo capacity at New York’s John F. Kennedy International Airport (JFK) by 20% in early 2025 with the opening of a ...
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News
DSV and Saudi Arabia's NEOM establish $10bn logistics joint venture
DSV and Saudi Arabia's 'NEOM' special economic zone have announced a $10bn logistics joint venture (JV) to support the development of NEOM projects.The JV will focus on providing ground, sea and air logistics services for NEOM in the coming years.Under the agreement, the joint venture will provide end-to-end supply chain ...
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NewsIAG Cargo adds winter capacity
IAG Cargo shipments loading on aircraft Photo IAG Cargo via Hill+Knowlton StrategiesIAG Cargo will benefit from increased capacity on bellyhold flights this winter with the addition of extra frequencies and new routes for the season, from the end of October to March 2024.The cargo division of International Airlines Group (IAG) ...
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NewsAirbus advances A350 freighter production
Airbus is making headway with the production of its A350 freighter.The airframer has announced the arrival of the first components from its manufacturing plants in Stade, Bremen, and Varel.Airbus Aerostructures and Premium Aerotec (PAI) teams have met for the so-called "first metal cuts", said Airbus.Melanie Markgraf, ASA A350F project manager, ...
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News
Forwarders warns of delays as Israel air cargo disruption continues
The ongoing Israel-Hamas conflict continues to affect airfreight and express shipments to Israel and the surrounding region, with many carriers and forwarders advising that services are subject to cancellation and delay.Many airlines have suspended direct flights to and from Israel, UK forwarder Woodland International warned on its website on 10 ...
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NewsK+N opens air logistics hub in Paris
Photo: Kuehne+NagelKuehne+Nagel (K+N) France has inaugurated a new air logistics hub within Cargo City at Paris Charles de Gaulle Airport.K+N said the new facility increases its global airfreight capacities and strengthens its healthcare logistics solutions in the region.The hub has capacity to handle 300 airfreight pallets a week. Its processing ...
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NewsCH Robinson reports a stabilising air cargo market
Matt Castle. Source: CH RobinsonThe air cargo market has settled back into normal seasonal patterns as the peak season arrives, according to CH Robinson's vice president of global forwarding Matt Castle.Speaking to Air Cargo News, Castle provided an update on the current air cargo market as industry data continues to ...
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NewsAir Charter Service expands in China
Photo: Air Charter ServiceAircraft charter broker Air Charter Service (ACS) has strengthened its effort to focus on Shanghai and its surrounding provinces, including those of Zhejiang and Jiangsu, by moving its office in the city to larger premises.Earlier this month, ACS said it had restructured its operations across Asia Pacific, ...
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NewsK+N and SATS collaborate on efficiency and sustainability initiatives
Yngve Ruud (left) with Kerry Mok. Photo: SATSKuehne+Nagel (K+N) and SATS have signed a Memorandum of Understanding (MoU) to enter into a strategic collaboration to drive value chain improvements and sustainability efforts within the air logistics industry.Together, the two companies have initially collaborated on several Proofs of Concept to optimise ...
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News
Qantas Freight back in business in Brisbane but other backlogs remain
Qantas Freight has cleared a backlog of cargo at its Brisbane facility but said snarl-ups in Sydney and Melbourne remain.The company said that operations at its Brisbane facility were "back to business as usual" after an IT blackout on September 24 caused backlogs at its Australian facilities.While the logjam at ...
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NewsAre recent air cargo improvements the start of a full market recovery?
There is no doubt that the air cargo industry has seen some improvement over the last few weeks but there is debate over whether this represents the start of a full recovery for the market.The latest rate figures indicate a tightening of supply and demand with last week's numbers from ...
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NewsBolloré Logistics USA expands supply chain in California
Bollore distribution centre in Ontario. Photo: Bolloré LogisticsBolloré Logistics USA has opened a new distribution centre in Ontario, California that will support the company's growth goals in the luxury and beauty industries.The 111,000 sq ft site is located near California's Ontario International Airport and is 50 miles away from the ...
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News
Cargo carriers warn of disruption on Israel operations
Israel's Civil Aviation Authority (CAA) has said international flights continue to operate to and from Israel following attacks on the country by Hamas over the weekend.The CAA said that currently "the Israeli airlines are operating as usual". The organisation added that currently "there are still international flights to and from ...
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News
Modern Logistics takes delivery of first 737-800BCF
Brazilian integrated logistics company Modern Logistics has taken delivery of its first 737-800 Boeing Converted Freighter (BCF).The 737-800BCF, leased through Babcock & Brown Aircraft Management (BBAM), is the first of two freighters to be added to Modern Logistics' fleet over the next few months.São Paulo-based Modern Logistics said the acquisition ...
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News
Qantas Freight faces two weeks of backlogs after IT system blackout
Qantas Freight is facing a backlog of cargo that is expected to take as long as two weeks to clear after a system blackout in September.The Australia-headquartered airline said that the blackout occurred on September 24 but it was still facing disruption at its stations in Brisbane, Sydney and Melbourne.The ...
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NewsAir cargo improvements push shippers to longer term deals
The air cargo market continued to find its way out of the doldrums in September, resulting in an increase in longer term deals.The latest figures from Xeneta show that air cargo volumes in September were flat on a year ago and spot rates were down by 34% - the lowest ...