Air Cargo

  • Evolution of retail market makes predicting demand for air cargo capacity tougher

    Mar 14, 2018 — Lack of data for cross-border e-commerce shipments is making it harder to forecast air freight demand, analysts warned yesterday. But, as forwarders look to book space through the year to avoid a capacity crisis like last year’s, analysts indicate that demand for air freight may slow slightly. But in the short-term, it remains strong – and the peaks are here to stay.
  • Airfreight rates up on 2017 levels in February

    Feb 28, 2018 — Airfreight rates on major transpacific, Asia-Europe and translatlantic routes continued to track ahead of 2017 levels in February, despite demand slackening off. The latest figures from TAC Index show that February airfreight rates on services from Hong Kong to North America increased by 42.5% year on year to $3.62 per kg. This increase reflects demand statistics reported by Asian airlines in the first part of the year.
  • Schiphol to merge cargo department with aviation marketing

    Feb 21, 2018 — Schiphol Airport is combining its cargo department with aviation marketing, with the current head of the freight business moving onto another role. The Dutch Airport has in the past been lauded for its investment in cargo and contacts have suggested the move could be viewed as the hub backing away from the sector.
  • Flying messengers of love

    Feb 13, 2018 — Hardly any other flower is as sought-after as the rose on the forthcoming day of lovers: to ensure that the millions of declarations of affection will not have to go without the scent of the long-stemmed symbol of love, Lufthansa Cargo is currently flying entire freighters filled with beautiful roses. All in all, Lufthansa’s cargo arm will transport some 800 tonnes of these delicate goods this year. This equates to around the load capacity of eleven flights with MD-11 freighters.
  • Demand in the global air cargo supply chain remains robust

    Feb 6, 2018 — The International Air Transport Association recently released full-year 2017 data for global air freight markets showing that global demand grew by 9.0%. This was more than double the 3.6% annual growth recorded in 2016.
  • Singapore and Guyana strengthen ties with open skies deal

    Feb 5, 2018 — The Singapore Airshow 2018 was the setting for the conclusion of an Open Skies Agreement between Singapore and Guyana on February 4. Cargo carriers from each nation will be allowed to base aircraft in each other’s countries and operate from there to any third country.
  • Airfreight rates still strong in lead up to Chinese New Year, says Freightos

    Jan 30, 2018 — Airfreight rates from China rose modestly last week, with increases in Chinese export demand ahead of the upcoming shutdown in a little over two weeks for the Chinese New Year. However, freight rates are currently well under levels seen in December, when heavy seasonal demand combined with bad weather to push shipments from Asia to Europe as high as US$7 to $10 per kilogram.
  • Citing increased bombing risk, TSA mandates additional security on Middle East airfreight

    Jan 24, 2018 — Citing the increased threat of a bomb being smuggled on board an aircraft bound for the United States, the Transportation Security Administration (TSA) has issued an emergency order requiring stricter scrutiny of air cargo, effective Monday morning. All cargo being loaded onto flights at last point of departure airports in Egypt, Jordan, Qatar, Saudi Arabia, and the United Arab Emirates will be required to comply with air cargo advance screening (ACAS) protocols.
  • China Southern boosts online tracking system

    Jan 18, 2018 — China Southern Cargo Airlines has put online the airside operations section of its tracking system, which is based primarily on bar-code technology. The 38 sections of the system now cover all the air transport processes in cargo and mail, with the cargo information “instantaneously trackable” said a spokesperson for the carrier. The system has been updated more than 40 times since going live in May 2015.
  • Freight prices eased, but now set to rebound, says Freightos

    Jan 16, 2018 — Airfreight prices that finally relaxed after the 2017 holiday season are poised to increase again with the approach of the Chinese New Year, occurring this year in mid-February, according to estimates from online pricing platform Freightos.
  • Maersk, IBM Form New Blockchain Company for International Cargo

    Jan 16, 2018 — IBM and A.P. Moeller-Maersk A/S have started a company that will use new technologies such as blockchain, a digital ledger best known for underpinning bitcoin, to track cargo movements and automate paperwork for shipping across international borders.
  • ‘Bomb Cyclone’ causing airfreight and logistics disruption across Eastern U.S.

    Jan 4, 2018 — As the so-called ‘bomb cyclone’ winter storm moves up the East Coast of the United States today, logistics companies are bracing for disruptions. SEKO Logistics said that the winter storm was, “disrupting global supply chains, with roads, airports and now [sea]ports being closed across the region.” The logistics company added that ports all across the Northeast were now affected.
  • WorldACD: November air cargo volumes reach new high

    Jan 3, 2018 — Global airfreight volumes in November 2017 were 1.3 percent higher than the previous record, set last October, according to recently released statistics from industry analyst WorldACD Market Data.
  • At Time:matters, Technology Drives Growth

    May 18, 2017 — Like pretty much everyone else in logistics, time:matters considers digitalization to be central to its future. “We want to have the platform available in the 300 most important catchment areas in the world,” said Miller. That means setting up shop in cities that host the industries where time:matters has expertise. “We’re doing this by making it as easy to book an emergency logistics service as it is to book a hotel online,” he said. “By digitalizing the chain, we make something that is very complex very easy.”
  • Forwarders Call for Fast-track for U.S. Customs Chief

    May 16, 2017 — The Airforwarders Association (AfA) in the U.S. has called on the Senate to swiftly confirm Kevin McAleenan as Customs and Border Protection (CBP) commissioner, pointing out that the appointment was critical to the safe, secure and efficient movement of cargo.