Jul 11, 2018
— Exposure to price volatility in air freight could soon be mitigated by the launch of an air freight ‘forward price curve’. The index could help forwarders manage the risk of rapid price changes in the $70bn market, according to the company behind it, Freight Investor Services (FIS).
Jun 13, 2018
— U.S. authorities are requiring airlines to give them more notice about certain types of cargo that officials believe may pose a security risk. As of June 12, carriers operating planes with commercial cargo now must send certain information about that cargo to U.S. Customs and Border Protection before loading the plane.
Jun 5, 2018
— Luxembourg-based all-cargo carrier Cargolux has banned the transportation of wild game, otherwise known as “hunting trophies,” to take effect immediately. “This practice does not align with the company’s ethical engagements and policies,” said Richard Forson, CEO of Cargolux.
Jun 4, 2018
— While air cargo growth seemed to cool off a bit in March after its torrid pace through much of 2017, the latest April and first-quarter figures from WorldACD suggest that April saw a more robust year-over-year growth rate for air cargo volume and even more so for air cargo yield.
May 25, 2018
— Delta Airlines released plans to re-launch its nonstop routes between the United States and Mumbai, following a gap period in which the carrier withdrew its flights to the region, when Delta says it was “forced to exit the market after subsidized state-owned airlines made service economically unviable.”
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.”
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.