Supply chains – Page 21
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News
Air Cargo News Awards are open for entry!
It’s time to get your entries together - the prestigious Air Cargo News Awards are officially open for entry!The awards are in their 39th year and celebrate companies that have invested in providing great customer service, operational excellence and innovative technologies.This year there are nine categories to enter:★ Air Cargo ...
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NewsMore signs of some improvement in air cargo
More reports have emerged this week suggesting that there might be a slight improvement in the air cargo market led by the ramping up of production in China.In its latest weekly market report, data provider TAC Index pointed out that the overall Baltic Air Freight Index covering prices by forwarders ...
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NewsTIACA: Sustainability efforts accelerating but more work on SAF needed
More action is needed to make sure Sustainable Aviation Fuel (SAF) decarbonisation targets are met.This is the view of The International Air Cargo Association (TIACA), which said on its March 7 media day that sustainability continues to be one of its major priorities in 2023.TIACA said new SAF incentive and ...
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News
DHL Global Forwarding reports record airfreight revenues
DHL Global Forwarding reported record airfreight revenues last year but performance weakened as the year progressed.The world's second-largest airfreight forwarder saw airfreight revenues increase 18.7% year on year in 2022 to €10.4bn while air gross profits improved 48.5% to €2bn. These improvements came despite a 9.3% decline in volumes to ...
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News
AirAsia and Teleport add China to network
More belly capacity and cargo connections have been added to China with the resumption of AirAsia’s flights into the country.AirAsia’s flights into China mark the return of belly cargo space in the country for Teleport, the logistics venture of Capital A (formerly AirAsia Group Berhad).A total of 18 cargo routes ...
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News
IATA: January demand remains muted as economic constraints continue
Economic constraints have continued to take their toll on industry demand as January became the 11th month in a row that air cargo volumes declined, according to IATA.Global demand, measured in cargo tonne-kilometers (CTKs), fell 14.9% year on year, said the industry body.Meanwhile, fuelled by a resurgence in belly capacity, ...
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NewsMilwaukee Mitchell International Airport plans new cargo facility
Source: CBREMilwaukee Mitchell International Airport (MKE) is planning to develop a new air cargo facility as it aims to develop as an alternative to congested gateways.The South Cargo Logistics Hub project will be handled by real estate firm CBRE and developed by investment company Crow holdings on behalf of MKE.The ...
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NewsSriLankan Airlines looks to partnerships, digital and e-commerce in tough cargo conditions
Chaminda Perera, SriLankan Airlines. Source: SriLankan AirlinesSriLankan Airlines is hoping to capitalise on e-commerce flights to China, interline partnerships and digitalisation to combat tough air cargo market conditions.Speaking to Air Cargo News, SriLankan Airlines general manager cargo Chaminda Perera said that the export market from Sri Lanka is affected by ...
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Insights
Supply chain spotlight: Inflationary pressures hit UK economy
An ongoing challenge to the smooth passage of trade throughout 2022 was the strike action at Felixstowe and Liverpool ports, running from August to October, which caused disruption to supply chains across the country.This disruption has continued into the beginning of 2023, where consumer activity has dropped and as a ...
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InsightsAsia-Europe air cargo market still in recovery
The Asia-Europe trade lane has been buffeted by weakening demand and the outbreak of war in Ukraine over the last 12 months but there are some opportunities to be found.Air cargo capacity on the Asia-Europe route increased marginally (+3%) from the fourth quarter of 2021 to fourth quarter of 2022, ...
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News
Lufthansa Cargo not expecting overcapacity on Asia-Europe
Lufthansa Cargo is not expecting cargo capacity to flood the Asia-Europe trade over the coming year due to the extra distance airlines will need to travel to avoid Russian airspace and as older tonnage leaves the market.Speaking on the day the cargo business announced record operating profits for the third ...
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NewsPerishable transport trials to be used for best practice guidance
The Cool Chain Association (CCA) will draft best practice handling procedures for perishables based on a series of trials that track exports from the farm to the table.The trails, which were undertaken by CCA partner the Perishable Products Export Control Board (PPECB), tracked Sunshine Conebush flower consignments packed on-farm in ...
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News
Cosco opens sea and air logistics centre in Guangzhou
China’s Cosco Shipping has opened a sea and air logistics centre in Guangzhou Airport’s economic zone.The facility is to include warehousing, logistics, e-commerce and other value-added services, according to Seatrade Maritime News.Its opening marks the start of the Shanghai-headquartered company’s regional supply chain platform in southeast China.Cosco Shipping Logistics chairman ...
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NewsLove is in the air: Air cargo braces for a busy Valentine's Day period
Each year flowers take to the air as people around the world celebrate Valentine's Day by gifting bouquets to their loved ones. As a result, air cargo volumes blossom with tonnes of the perishable product flowing around the world. Here is a summary of some of the main news stories ...
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NewsAction not words required to deal with fresh produce shortages
Mike Parr, PML managing director. Photo: PMLPrecisely a year ago, we predicted ‘that the worst was yet to come’ appealing for urgent action to be taken to enable those involved in the food supply chain to deliver a seamless, timely service to maintain the supply of essential products.And even before ...
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NewsAviation investment key for the success of Africa's free trade agreement
Source: Air Cargo NewsThe development of aviation policy should be a priority for African countries if they are to capitalise on the benefits of a continent-wide trade agreement.Panellists at the Air Cargo Africa event agreed that the African Continental Free Trade Agreement (AfCFTA) stood to benefit the continent and air ...
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NewsAir temporarily grabs African automotive marketshare from sea
Source: Air Cargo NewsAir cargo has grabbed African automotive market share from the seafreight industry as a result of the disruptions caused by the Covid pandemic but volumes are shifting back.Speaking at the Air Cargo Africa event, Renai Moothilal, executive director of South African automotive component association NAACAM said that ...
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News
German airport strikes have "massive consequences" for cargo operations
Strikes taking place today at many of Germany's airports will have "massive consequences" for air cargo and lead to "significant challenges" for humanitarian aid flights, according to the Barig airline association.Public sector workers and ground handlers at seven airports - Frankfurt Main, Munich, Stuttgart, Hamburg, Dortmund, Hannover and Bremen - ...
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News
German cargo operations set to be hit by airport strikes on Friday
Airport workers at major hubs in Germany are this Friday (February 17) set to take part in a day-long strike over pay causing disruption to airline operations.The strikes organised by the Ver.di union will start in the early hours of the morning and end Friday night at seven airports: Frankfurt ...
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NewsUS air cargo sector concerned over stricter screening rules
Brandon Fried, AfA. Source: AfAThe US air cargo sector highlighted some of the concerns it has regarding the implementation of stricter cargo screening rules due to be enforced later this year.From November all cargo must be screened before it is loaded onto a freighter but a panel at US Airforwader ...