Air cargo demand in October was sub-seasonal compared to the previous five years
Global air cargo volumes and spot rates edged up marginally in October, but overall demand remained muted, diminishing hope of a traditional year-end revenue boost for airlines and freight forwarders, according to Xeneta’s latest weekly market analysis. Latest industry data shows a 2% month- over-month improvement in airfreight volumes in October, which was sub- seasonal […]
Air cargo volumes and rates increased at the end of August
Worldwide air cargo tonnages have increased in the last week of August. This follows three consecutive weeks of declines since the beginning of August, the latest figures from WorldACD Market Data reveal. A similar pattern as last year in August, although this year the decline has been stronger. Looking at week 34 (August 22-28), worldwide […]
Global air cargo tonnage and prices continue decline
Global air cargo flown tonnages and prices continued their gradual decline in the first two weeks of August after volumes staged a brief and partial recovery in the second half of July, the latest figures from WorldACD Market Data reveal. Looking at week 32, worldwide chargeable weight decreased 5% compared with the previous week, and […]
Air cargo tonnages and rates are both stabilising
Global air cargo flown tonnages continue to remain stable in the last two weeks compared to the preceding two weeks, while the previously reported softening trend of the worldwide average rates seems to have halted last week, the latest figures from WorldACD Market Data show. Looking at week 31 (August 1-7), worldwide chargeable weight decreased […]
Air cargo demand and rates continue to slide
Global air cargo rates and volumes have continued their gradual overall decline in the last few weeks despite a broadly stable capacity environment, the latest figures from WorldACD Market Data reveal, as air and ocean freight demand experience a slack period after two relentlessly frenetic years. Looking at the week of July 18th to 24th […]
JALCARGO debuts distribution partnership with cargo.one
JALCARGO, the cargo division of Japan Airlines Company (JAL), and cargo.one today announced an international partnership that brings the airline’s capacities to the leading global marketplace for digital air cargo bookings. JALCARGO has appointed cargo.one as its partner to advance its digital business and footprint. This month, cargo.one became available to Japanese freight forwarders, offering […]
CharterSync celebrates three years of “disruptive digitisation” in air cargo charter
Digital air cargo charter business CharterSync has marked three years of operations of operations. Since launching in 2019, UK-based CharterSync has carved itself a substantial share of the UK and European air cargo charter market due to its “disruptive, technology-forward approach” to air cargo charter. Launched by two commercial pilots and flying enthusiasts – co-founders Ed […]
Taking stock of the pandemic’s impact on global aviation
Global management consultants McKinsey have released an overview of global aviation’s performance during the pandemic, by subsector. Compared with passenger flights, airfreight essentially had a good pandemic. The pandemic wreaked financial devastation across the aviation value chain, most notably for airlines. All subsectors reported massive losses in 2020, except for freight forwarders and cargo airlines. […]
Royal Schiphol Group takes full ownership of Cargonaut
Royal Schiphol Group has announced their acquisition of additional shares in Cargonaut B.V, meaning it now has full ownership. Schiphol are looking to the future with ambitious plans to modernise the information provider and renew Cargonaut’s Port Community System (PCS) to ‘futureproof’ it for the cargo community. “With the new system that Cargonaut and Schiphol […]
The Albion Aviation Group delivers specialised broker training
The Albion Aviation Group has announced their partnership with James Wyatt at aeroconcept, the aviation consulting business, to deliver a series of training modules focused on Cargo Charter Ground Operations. Similar to previous specialised broker training modules launched by Albion in 2020, the Cargo Charter Ground Operations module series has been written in direct response […]
Heathrow scales up its cargo offering
Heathrow is calling on airlines and freight companies to take advantage of the airport’s quieter schedule so that the aviation industry utilise its resources in the fight against COVID-19. As aviation associations, including TIACA and IATA, have emphasised the airfreight industry will be relied on in the current climate to keep vital supply lines open […]
Oman Air suspends Turkish flights
Oman Air will suspend all flight operations between Muscat and Istanbul, Turkey between March 25 and March 31. The suspension comes in reaction to new travel restrictions aimed at limiting the spread of Covid-19. The move will especially affect belly cargo travelling between the two countries.
Postponed: SMART Airports Conference & Exhibition
In light of the current situation, San Antonio International Airport has taken the decision to postpone the upcoming SMART Airports Conference & Exhibition, that was due to take place in San Antonio, Texas in April. Following this it has been announced that the event will be rescheduled and take place Monday 2 to Wednesday 4 […]
Peli BioThermal shares sustainability solutions at CTS Europe
Peli BioThermal, specialists in temperature-controlled packaging, are set to be key speakers are the Clinical Trial Supply Europe, which will be held in Madrid today and tomorrow (March 11-12). The talk will highlight how selecting the right packaging helps companies achieve sustainability objectives. A key speaker at the event will be Paul Terry, Peli BioThermal’s […]
Boeing employee diagnosed with COVID-19
Boeing has released a statement confirming they are providing full support to an employee at the Everett facility that has tested positive for COVID-19. The employee is now in quarantine and is receiving care and treatment. Employees at the facility are following the advice of public health officials. As a precaution all employees that were […]
U-Freight geared up for e-commerce boom
A recent report has suggested that the global e-commerce logistics market is likely to exceed $570 billion by 2024. Simon Wong, CEO of the U-Freight Group, has released a statement reinforcing the fact that his company is ready to meet the ever-increasing challenges of providing logistics services to this rapidly expanding sector of global trade. […]
TIACA joins forces with CLIVE Data Services
TIACA will deliver the latest market and route analyses to its members after signing an intelligence sharing agreement with CLIVE Data services, creators of the new ‘dynamic load factor’ analyses. “As part of the transformation of TIACA, we are promising to deliver more content to our growing membership – but only content of value to […]
Rhenus opens new warehouse in Miami
Rhenus logistics has opened a new warehouse facility in Miami, Florida that will serve as the regional headquarters for North and South America. The new 16,000 sq m facility will be designated as a foreign trade zone, providing vertical solutions for consumer electronics, industrial telecommunications, high-technology, high fashion and retail. “Our regional headquarters for the […]
A word from Flexport’s David Wystrach on Coronavirus
David Wystrach, Senior Director of Air Freight EMEA has warned of the impact of coronavirus on imports. Although it is still too early to predict the long-term impact, it is clear that sales revenue and inventory levels have dipped for many importers. “The slowdown in manufacturing in China has meant we’re already seeing the impact […]
Ethiopian Airlines take off for International Women’s Day
Ethiopian Airlines celebrated their first all women functioned flight on 7 March, the weekend of International Women’s Day. The female crew flew the B777 from Addis Ababa to Washington DC. Ground operations including flight dispatch, load control, ramp operation, on-board logistics, safety and security and catering were also run by female professionals. “Ethiopian firmly believes […]
Japan Airlines selects IBS Software for cargo terminal operation
Software solutions provider, IBS Software has announced a contract with Japan Airlines (JAL) for the implementation of iCargo, a comprehensive cargo sales, inventory and reservations system that manages air cargo operations and movement globally and powered with business capabilities that are tailored for the unique Japanese Air Cargo market. The system will manage the entire […]
Nallian and Luxembourg Airport implement new Cargo Community System
Belgium-based Nallian, a specialist of collaborative solutions in logistics and air cargo, have joined with Luxembourg Airport to implement a cargo community system (CCS) at the airport. With 893.090 tonnes of cargo in 2019, Luxembourg Airport is one of the most important cargo airports in Europe. To meet business needs and customer expectation, the CCS […]
Swiss WorldCargo suspends more flights
SWISS and Swiss WorldCargo have suspended flights to Tel Aviv and Israel between 8-28 March as Coronavirus chaos continues to disrupt flight routes globally. Flights to Tokyo, Osaka and Singapore will be reduced. Tokyo and Singapore will be served five times weekly, whereas Osaka will have two weekly flights until 24 April.As already announced, flights […]
ASM gets their skates on for post-Brexit systems
Agency Sector Management (ASM) has signed up Stateside Skates to its Customs clearance software Sequoia, as the skateboarding SME gets system in place to help it meet new trading conditions set to come into effect when the UK Brexits on 31stDecember, 2020. Brexit could have a huge impact on the SME, as around 65% of […]
VRR unveils the world’s first inflatable AKE Container
The world’s first inflatable AKE was officially displayed by VRR. The Air7was supposed to be unveiled at the annual World Cargo Symposium, but due to the event’s postponement, will be now showcased at a later date. “Current methods of relocating ULDs are expensive and time consuming,” explains Geert van Riemsdijk, managing director of VRR. “But […]
International Women’s Day: Imperial support the homeless
Imperial logistics, with their newly-formed Women’s Forum, is marking this year’s International Women’s Day on 8 March with initiatives around the world. They will be making an appeal to collect as much clothing, shoes, medical dressings, cosmetics and hygiene products as possible through its four Duisburg offices. The donations from individual staff will be collated […]
Joe Hete to retire as CEO of ATSG
Joe Hete, 65, will retire as CEO of Wilmington Air Transport Service Group (ATSG), the aircraft leasing and air transport service company, but is expected to stay on the board of directors with probable election as Chairman of the board. He leaves the position after seven years. Rich Corrado will continue his current position of […]
The aviation industry has taken the hit of coronavirus
“Airlines, aviation financing and plane makers – inherently vulnerable to the economic side-effects of a potential pandemic – faced challenges as the year began, ensuring they are now at growing risk of severe coronavirus-related disruption,” says Scope, specialist financial analysts. It is clear now that airlines will be particularly hard hit as they commit to […]
FedEx joins Freightos
Freightos.com, the world’s largest freight marketplace, is partnering with FedEx to help the largest customs-entry filer in the US digitize and provide a user friendly shipping experience. Through this partnership, Freightos Group is helping FedEx reach 150,000+ global importers and exporters that are currently registered on the world’s largest shipping marketplace. The move with no doubt see FedEx […]
Hamburg Airport takes off for the digital future with the air cargo platform FAIR@Link
Hamburg Airport has launched new FAIR@Link portal for digitally supported air cargo handling at Airport’s Cargo Centre. The platform was developed by DAKOSY and has been piloted for six months before being released. Alexander Müller, head of cargo at Hamburg Airport, said: “The new platform is an important step into the digital future for us. […]