Supply chains – Page 27
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NewsAir cargo ground handling companies face fierce competition
James Wyatt, general manager of aeroconcept. Source: AeroclassCompetition between air cargo ground handlers has ramped up to an “aggressive” level since the start of the Ukraine-Russia war took capacity out of the market.James Wyatt, general manager of Leipzig, Germany-based aviation consulting business aeroconcept, said this loss of capacity has naturally ...
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News
Cathay Pacific Cargo predicts muted peak season
Cathay Pacific Cargo is expecting a muted peak season while it continues to add passenger flights and faces cross-border trucking issues.Updating on current market conditions, Cathay Pacific head of cargo sales for Hong Kong and the Greater Bay Area (GBA) Frank Yau said that demand out of Shanghai was expected ...
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NewsKerry Logistics expands with Hong Kong-Alabama charter flights
Kerry Freight Controlled Network provides four charter flights a week from Hong Kong to Huntsville, Alabama. Photo: Kerry Logistics NetworkKerry Logistics Network is ramping up its Kerry Freight Controlled Network (KCN) with four charter flights a week from Hong Kong to Huntsville, Alabama in the US.Weekly direct flights depart from ...
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News
Hong Kong faces more cross-border trucking restrictions
Supply chains operating through Hong Kong are once again facing restrictions on cross-border truck operations due to Covid-restrictions.Freight forwarder Dimerco said that increasing Covid cases around Shenzhen have led to the city reducing daily cross-border truck movements from 3,500 to 1,500.The restrictions began on July 25 and reduce truck capacity ...
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NewsK+N's former Russian business to be renamed Noytech Supply Chain Solutions
Perry Neumann. Source: Noytech Supply Chain SoultionsKuehne+Nagel's (K+N) former Russian business will be run under the name Noytech Supply Chain Solutions after being acquired as part of a management buyout.Air Cargo News sister title DVZ reports that former K+N employee Perry Neumann has purchased the business, which has 24 branches ...
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News
Rates predicted to stay high despite a muted air cargo peak season
Transportation rates are expected to stay above pre-pandemic levels for the foreseeable future despite the recent slowdown in demand.Seko Logistics chief growth officer Brian Bourke said that demand had slowed this year compared with 2021 and that the constant peak season experienced over the last two years has been replaced ...
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NewsFreighter fleet to grow by 80%, says Boeing
Boeing 777-8 freighter. Copyright: BoeingOver the next 20 years the global freighter fleet will grow by 80%, with conversions accounting for two third of deliveries, predicts Boeing.Carriers will need 2,800 additional freighters overall, said the airframer in its Commercial Market Outlook (CMO) for 2022-2041.“Over the next 20 years, the freighter ...
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Newscargo-partner makes offer to acquire one third of sim cargo
Copyright: Esther Horvath/ cargo-partnerLogistics provider cargo-partner has announced its offer to acquire one third of the shares in European road groupage network sim cargo.cargo-partner has been a long term partner of the groupage network and a system partner of Germany-headquartered sim cargo, especially for distribution in Central and Eastern Europe.The ...
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News
Shanghai airfreight operations stable for now as Covid cases creep up
Covid is on the rise again in Shanghai but “there has been no impact on airfreight” so far and turnover at Shanghai Pudong Airport (PVG) has bounced back, according to Flexport.In a freight market update on July 12, the freight forwarder said that trucking also remains unaffected, despite the rise ...
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NewsCool Chain Association trials new air cargo supply chain perishables label
Cool Chain Association members at AGM. Photo: Cool Chain AssociationMembers of the Cool Chain Association (CCA) Technical Committee Programme have completed the first stage of a project to trial a new label for perishables shipments in the air cargo supply chain, driven by Challenge Group.The label trial, undertaken by handlers ...
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Air cargo RFS providers decarbonise trucks fleets
Decarbonising truck fleets is firmly on the agenda for air cargo companies offering road feeder services (RFS).Speaking exclusively to Air Cargo News, Wallenborn, Jan de Rijk and dnata shared their plans to make RFS logistics greener as global targets for zero carbon emission draw closer.For RFS decarbonisation, Jan de Rijk ...
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NewsIATA remains positive for cargo despite latest demand decline
The latest statistics from IATA show that air cargo demand declined again in May but the association is positive for the coming months as production in Asia continues to ramp up following Covid restrictions earlier in the year.The IATA figures show that air cargo demand in cargo tonne-km (CTK) terms ...
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NewsDynamic International processes UK's first electronic ATA Carnet
Tony Scott, Dynamic International. Source: Dynamic InternationalTime critical logistics firm Dynamic International has processed the UK’s first electronic Temporary Admission (ATA) Carnet at London’s Heathrow Airport using a new app developed by the International Chamber of Commerce (ICC).Dynamic International, working with ATA Carnet provider and sister company Dynamic Dox, transported ...
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NewsEmirates SkyCargo to expand freighter capacity and launch new China services
Source: Emirates SkyCargoEmirates SkyCargo has taken delivery of its latest Boeing 777F, revealed plans to add new services to China and confirmed that it will convert more aircraft.The brand new freighter, A6-EFU, will replace A6-EFG which went back to its lessor last week, maintaining the carrier's B777F fleet at 11 ...
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Insights
Supply chain spotlight: The key to supply chain resilience
The logistics industry has faced a period of unprecedented challenges in recent years and, as a result, the resilience of the supply chain across the globe has received unprecedented attention.The World Economic Forum defines supply chain resilience as "the ability of a global supply chain to reorganise and deliver its ...
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NewsRhenus opens UK life sciences centre near Heathrow
Photo: Rhenus GroupRhenus Air & Ocean UK has opened a life sciences and healthcare hub in Ashford, Middlesex near Heathrow Airport.The freight forwarder – the UK arm of the German-owned Rhenus Group - said the waerhouse is the first facility of its kind in Europe for Rhenus Group and will ...
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Canada invests to keep freight moving
The Canadian Government has pledged investment to make the country’s air transport system more reliable in the face of extreme weather and to link remote communities as part of a programme to strengthen its freight and trade corridors.Minister of Transport Omar Alghabra announced a C$105m for three new projects with ...
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NewsChallenge Airlines flies baby formula as part of US operation
Source: Challenge GroupChallenge Airlines has operated a freighter flight transporting baby formula to the US as part of a Washington initiative to import the product to meet a shortage.As part of the government's 'Operation Fly Formula', a Challenge Airline's B747 freighter landed at George Bush International Airport from Germany on ...
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Another blow for Schiphol as government plans to reduce flights
The Dutch government has confirmed plans to reduce the number of flights from Schiphol from November next year as part of efforts to reduce noise and environmental pollution.The government plans to reduce the number of slots at Schiphol by 12% from the current 500,000 per year to 440,000.If a previously ...
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FedEx expects slow recovery in bellyhold capacity and lower growth
FedEx yesterday reported its full financial year results and outlined expectations of ongoing supply chain disruption, a slow return of air bellyhold capacity and lower growth levels for the coming fiscal year.In the fiscal year ending May 31, the express giant saw revenues increase by 11.3% year on year to ...