Supply chains – Page 18
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News
Rates down again in May as outlook weakens
Airfreight rates on major east-west trade lanes were down again last month (see dashboard at end of article) as commentators warn that pressure on pricing will remain for the rest of the year.The latest figures from the Baltic Exchange Airfreight Index (BAI) show that average rates - based on contract ...
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NewsHow agility and preparedness drive humanitarian response
Pierre Van Der Stichele, vice president global cargo division, Air Partner. Photo: Air PartnerIn a world filled with increasing uncertainty, being prepared and agile in saving lives and safeguarding businesses during humanitarian crises is crucial.Humanitarian crises have become increasingly prevalent in recent years, disrupting global dynamics and causing widespread impacts.From ...
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Insights
Night flights vital to UK economy
On May 9, Logistics UK submitted its response to the UK Department for Transport's (DfT) consultation on night-time noise abatement objectives for the designated airports Gatwick, Heathrow and Stansted.Within its response, Logistics UK highlighted the importance of night flights to the UK's trade and economy and reiterated its view that ...
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News
Cargo iQ joins forces with forwarders and airports to drive up standards
Airfreight quality standards organisation Cargo iQ, the International Federation of Freight Forwarders Associations (FIATA) and the Airport Services Association (ASA) have signed a pact to improve practices across the supply chain.It aims to strengthen collaboration between forwarder, ground handler and airline communities and work globally to achieve common standards and ...
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NewsWFS opens air cargo terminal in India
Members of the WFS team in Bengaluru at the launch of operations. Photo: WFSWorldwide Flight Services (WFS) has opened an air cargo terminal and cold chain facility at Kempegowda International Airport, Bengaluru (BLR) in India.The cargo handler was awarded the 15-year licence to operate the international cargo terminal and cold ...
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NewsDronamics carries out first test flight of Black Swan cargo drone
Source: DronamicsCargo drone firm Dronamics has carried out the first test flight of its full-scale cargo drone and hopes to launch flights later this year.The Black Swan drone took off from Balchik airport in Bulgaria and flew for just over 10 minutes, covering a distance of 21.5 km.The aircraft was ...
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NewsAir Canada Cargo begins freighter flights to Punta Cana
Photo: Air Canada CargoAir Canada Cargo has operated its first commercial freighter flight into Punta Cana, Dominican Republic.The service uses a Boeing 767 freighter and will be operated once a week.“We are excited to add yet another destination to our expanding freighter network. This new service builds upon our capabilities ...
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News
Seko remains cautiously optimistic for second half
Seko Logistics is cautiously optimistic for the second half of the year despite weakening market conditions in the first half and uncertainty around consumer spending.Speaking during a company webinar, Seko chief executive and president James Gagne said that the outlook for the second half of 2023 had weakened since the ...
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News
TT Meridian and Turkmenistan Airlines partner on UK-Vietnam air cargo route
Logistics service provider TT Meridian has announced a new cargo route between the UK and Vietnam via Turkmenistan operated by Turkmenistan Airlines.TT Meridian told Air Cargo News that the route will utilise an Airbus A330-200 freighter.The new route is expected to boost bilateral trade activities between the UK and Vietnam, ...
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NewsDSV adds Arizona flights as it looks to cut semiconductor lead times
Source: DSVDSV has added Phoenix-Mesa Gateway Airport to its freighter network as it looks to reduce lead times for semiconductor shipments by bypassing more congested airports.The new Boeing 747 freighter flights will be part of DSV's Atlas Air-operated air charter network and the first regular air cargo charter service in ...
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NewsAir Canada Cargo begins Costa Rica freighter service
Photo: Air Canada CargoAir Canada Cargo has started freighter flights into San José, Costa Rica using a Boeing 767-300 converted freighter.The flights to Juan Santamaría International Airport will operate twice per week, said the cargo carrier.“The start of our freighter operations into Costa Rica builds upon Air Canada’s passenger service ...
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News
WestJet warns of irregular cargo operations after averted strike action
WestJet has warned customers to expect irregular cargo operations after coming to a last-minute agreement with pilot unions to avert strike action.Union members of the Air Line Pilots Association (ALPA) were today due to begin 72 hours of strike action in a dispute over pay and conditions.In preparation, WestJet began ...
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NewsUPS strengthens healthcare offering in Singapore
Photo: UPSUPS Healthcare has opened a purpose-built 8,700 sq m healthcare logistics facility to meet demand from businesses in the country’s growing healthcare sector.The $20m facility in the west of Singapore is located at Gul Circle, within easy reach of PSA Terminals, the manufacturing cluster at Tuas Biomedical Park and ...
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NewsCMA CGM now flies to Bombay
Photo: CMA CGMCMA CGM Air Cargo has launched a new freighter route between Paris, France and Mumbai, India, as part of its new partnership with Air France KLM Martinair Cargo (AFKLMP).The freighter airline, which received its air carrier certificate from the French Civil Aviation Authority in June last year, said ...
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News
ST Engineering and SF Airlines set up MRO JV in China
Singapore Technologies Engineering Ltd's (ST Engineering) commercial aerospace business and SF Airlines have incorporated a new joint venture company (JVCo) in Ezhou, Hubei, China.The JVCo was set up with a registered capital of approximately S$19m. ST Engineering has a 60% stake in the JVCo, with the remaining 40% stake held ...
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NewsCargo emissions tech firm secures $10m in funding
Source: PledgeSupply chain emissions monitoring platform Pledge has secured $10m in funding that will be used to develop its products.The Series A funding round is led by Zinal Growth, with new investors including Base Partners, Ace & Company, as well as founders from software firms and logistics industry veterans, including ...
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NewsRobust airfreight will aid nearshoring
Tobias Bartz (left) and Korcan Tugrul. Photo: Rebecca JeffreyRobust airfreight infrastructure is a valuable tool in helping the Rhenus Group build nearshoring business.The German logistics company said it is focusing on nearshoring to support flexibility within transport chains during a press conference at Air Cargo Europe.“With the infrastructure, airlines and ...
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News
Emirates SkyCargo reports heightened demand for long-term deals
Emirates SkyCargo has reported high demand for long-term contracts despite the current market uncertainties.Speaking to Air Cargo News during Air Cargo Europe, Nabil Sultan, divisional senior vice president at Emirates SkyCargo, said that companies were looking to secure long-term capacity in order to avoid capacity shortages experienced over the last ...
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NewsCCA looks at ways of minimising food loss during shipment
Source: CCAThe Cool Chain Association (CCA) has reported that a second trial involving the tracking of perishables during shipping undertaken on its behalf by the Perishable Products Export Control Board (PPECB) has identified significant areas where action can be taken to reduce food loss.The Cool Chain Association (CCA) is a ...
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NewsEmirates SkyCargo adds two 747-400Fs and plans to double capacity
Photo: Emirates SkyCargoEmirates SkyCargo has added two Boeing 747-400Fs to its freighter fleet and expects to double its existing capacity over the next decade.The cargo division of Emirates is expecting 15 more freighters to join its fleet from announced orders and its freighter conversion programme, plus a boost in bellyhold ...