Supply chains – Page 6
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News
Shippers urged to plan for peak as air cargo could overheat
Shippers have been urged to secure space and make contingency plans as the air cargo market is facing capacity shortages out of key Asian markets during the peak season, according to speakers on a webinar from Xeneta and Tiaca.Speaking on the webinar, Xeneta airfreight analyst Wenwen Zhang pointed to statistics ...
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NewsCMA CGM Air Cargo launches transpacific route with latest 777F
CMA CGM AIR Cargo 777-200F. Photo: CMA CGMCMA CGM Air Cargo has started a new transpacific route between Hong Kong International Airport (HKG) and Chicago O'Hare International Airport (ORD) using its recently delivered third Boeing 777-200 freighter operated by Atlas Air.The first commercial flight took place on August 25, connecting ...
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News
Forwarders and shippers push for longer term air cargo deals
Freight forwarders and shippers are continuing to push for longer term air cargo deals as they look to avoid potential rate hikes due to the risk of supply chain disruption.A half-year market report from analyst Xeneta shows that contracts of more than six months accounted for 54% of the market ...
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NewsAstral begins China-Kenya freighter route
Photo: Astral AviationAstral Aviation has added China to its network with a new route from Guangzhou to Nairobi with an onward connection to Maputo in Mozambique.Air Charter Service Hong Kong was the launch customer for the new route which will be served by a 767 freighter, said Astral."Initially we will ...
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News
Bournemouth wins northwest China freighter
A new freighter service has been launched between Urumqi in northwest China and the UK’s Bournemouth airport.According to Xinhua, Urumqi Diwopu International Airport said that the service will operate four round trips a week, with a flight time of ten hours.The airport in the Xinjiang region now has freight routes ...
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NewsIAG Cargo flies to Grenada’s aid
Photo: IAG CargoIAG Cargo, the cargo division of International Airlines Group, whose brands include British Airways, Iberia, Aer Lingus and Vueling, has delivered critical aid to Grenada in the aftermath of Hurricane Beryl.The cargo division of International Airlines Group, whose brands include British Airways, Iberia, Aer Lingus and Vueling, has ...
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NewsIAG Cargo opens operations control centre at Heathrow
Photo: IAG CargoIAG Cargo has opened a new control centre at Heathrow Airport that is equipped with real-time cargo monitoring technology designed to manage over 2,000 freight movements per day.The new London Operations Control Centre is expected to improve on the day decision making with real-time data and workload forecasting ...
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NewsQatar Airways buys 25% stake in African carrier Airlink
Photo: Qatar AirwaysQatar Airways Group has acquired a 25% stake in South African regional carrier, Airlink as it strives to further develop its operations across the African continent.The investment in Johannesburg, Gauteng-headquartered Airlink – which flies to more than 45 destinations in 15 African countries – will enhance a code-sharing ...
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News
My Freighter starts interline partnership with American Airlines
Uzbekistan-based My Freighter and American Airlines have begun an interline partnership that will allow both carriers access to each other’s cargo network via North America, the EU and Central Asia.Implemented on August 1, the interline agreement provides My Freighter with access to 11 different destinations, including New York (JFK), Philadelphia ...
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News
Bangladesh air cargo logjams ease but delays still expected
The Bangladesh air cargo market continues to report delays to shipments following weeks of protests but the situation is beginning to ease.At the height of the protests, cargo was taking around 10 days to be exported out of Dhaka Airport to the US and Europe.Maruf Khan, the chief operating officer ...
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NewsTeleport and Etihad partnership takes off
Francis Anthony, Teleport group head of cargo commercial (left) with Stanislas Brun, vice president cargo, Etihad. Photo: TeleportTeleport and Etihad Cargo's capacity partnership is gathering pace with plans to add frequency on their cargo network between southeast Asia and the Middle East in the near future.Since signing the partnership in ...
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News
US bill takes aim at Chinese e-commerce imports
A senate bill aims to place US e-commerce imports under greater scrutiny to tackle shipments containing illegal and counterfeit products.The bipartisan Fighting Illicit Goods, Helping Trustworthy Importers, and Netting Gains (FIGHTING) for America Act was proposed by five senators last week in response to the quadrupling of the number of ...
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News
BA suspends costly Beijing route
British Airways (BA) will suspend flights from London, UK to Beijing, China in October following the longer flight times and increased costs that airlines have faced since the Russian airspace ban.The Heathrow Airport-hubbed airline said in a statement that it would "pause" its flights to Beijing from October 26 until ...
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News
SF Airlines launches new China-Budapest route
SF Airlines has launched a new cargo route between Urumqi in the Xinjiang region of northwestern China and Budapest in Hungary to serve e-commerce, agricultural and speciality product demand.The route was launched from Urumqi Diwopu International Airport (URC) to Budapest International Airport (BUD) on August 8 using a Boeing widebody ...
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News
IAG Cargo to close Shannon Airport facility
IAG Cargo will close its facility at Shannon Airport in Ireland by the end of this year due to a decline in cargo volumes that has made operating the facility "unsustainable".Opened to handle cargo shipments on flights operated by IAG-owned Aer Lingus, the facility's investment needs are not currently supported ...
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NewsBangladesh air cargo spot rates peak
Air cargo spot rates from Bangladesh to Europe have risen to their highest level this year amidst political unrest in the country that has resulted in disruption to air cargo operations.Data from WorldACD shows that in the week from Monday July 29 to Sunday August 4 (week 31), spot rates ...
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News
Bangladesh air cargo market faces logjams following protests
The Bangladesh air cargo market faces delays and sky-high rates after weeks of protests against the government and deadly clashes between police and demonstrators.Reports suggest the situation in the country today appears to be easing after prime minister Sheikh Hasina yesterday resigned and fled the country.However, the air cargo market ...
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NewsHong Kong Air Cargo signs MoU with ZTO Express
Photo: Hong Kong Air CargoHong Kong Air Cargo (HKAC) has signed a strategic cooperation memorandum of understanding (MoU) with Chinese logistics company ZTO Express Group to strengthen their partnership in the air cargo sector.ZTO is a major express delivery company in China and one of the largest express delivery companies ...
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News
IndiGo begins new India-China freighter route
IndiGo CarGo has begun operating freighter flights between Kolkata in India and Ezhou in China as it continues to expand its network.The freighter flights between Netaji Subhash Chandra Bose International Airport (CCU) and Ezhou Huahu Airport (EHU) in central China’s Hubei Province will operate three times a week, said Mark ...
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News
Air cargo rate increases on major Asia trades taper off in July
Airfreight rates on key trade lanes out of Hong Kong were largely flat in July compared with June but they continue to be higher than a year ago.The latest figures from the Baltic Exchange Airfreight Index (BAI) calculated by TAC Index show that rates from Hong Kong to Europe in ...