All Airfreight Rates Articles – Page 17
-
News
IAG Cargo: open to opportunities
FRESH from signing its block space programme on Qatar Airways freighters, IAG Cargo is prepared to “explore other opportunities” in terms of carrier partnerships.Steve Gunning, chief executive of the British Airways and Iberia cargo arm, says that the deal with Qatar Airways - sharing five-weekly B777F flights from Hong Kong ...
-
News
Cooperation is the key driver
THE latest half-year results for the air cargo industry’s two great players, the airlines and freight forwarders, reveal a market where volume increases are dampened by a “competitive environment” to use the jargon, or a rates battle to you and me.The major purchasers of air cargo space, Deutsche Post DHL, ...
-
News
One Question
Steve Gunning, chief executive of IAG Cargo, answers: "THIS big influx of cargo capacity is creating an excess supply and the only relief valve that the air cargo industry has is freighter capacity, because that is the only one it is fully in control of.“As a result you will see ...
-
News
Virgin Cargo chief’s warning over yields
OVERCAPACITY in the global air cargo industry on major routes continues to suppress yields, warns Virgin Atlantic Cargo, writes Thelma Etim, deputy editor.Despite a three per cent reduction in the airline’s cargo capacity in the first half of this year, the carrier saw its tonnage rise one per cent to ...
-
News
AA and USAir countdown to cargo merger
American Airlines and US Airways are counting down the days to a complete cargo merger on October 20, the date when the two carriers become one for freight bookings.From then on, customers will start using the same airwaybill to access an integrated airline network that has surprisingly little overlap, just ...
-
News
Pharma defection to ocean is ‘wake-up call’ to airfreight
Airlines are targeting premium products to claw back lost revenue from the recession. Foremost of those is the cool chain for fresh produce and pharmaceuticals.But, according to Steef Van Amersfoort, chairman of the air transport at the Dutch Shippers Council and veteran pharmaceutical-logistics executive, there is a massive difference between ...
-
News
Qatar to apply all-in freight rates from April
Qatar Airways Cargo is changing its pricing structure to a “one-rate basis”, saying that the current surcharge conventions "expose the supply chain to significant price volatility”.The Doha-based carrier will “abolish” both its fuel (MYC) and security (MOC) surcharges. All other ancillary charges will remain in place.The move follows a decision ...
-
News
DB Schenker gains allies in cartel damages claim
German railway Deutsche Bahn (DB) has confirmed French news agency reports that it has been joined by several unnamed corporations in its billion dollar lawsuit for damages against member airlines of an illegal air cargo cartel.A spokesman for DB said: "I can confirm this report from AFP. Due to confidentiality ...
-
News
TNT goes Blue Bananas with rate discount
TNT is offering a temporary 20 per cent discount off rate card as part of its ‘Blue Banana’ campaign to promote shipments to Europe’s economic hotspots.The deal is aimed at small and medium-sized enterprises and takes effect from February 9 for three months on export shipments of parcels and freight.It ...
-
News
Apple Appeal
Apple announced mouth-watering net quarterly profits of $18bn for the final three months of 2014.That staggering 38 per cent rise in profit was due mainly to the 74.5m iPhones sold to eager consumers.While the financial pages focused on the figures, little mention was made of the supply chain logistics that ...
-
News
Price tops charter priorities
PRICE remains the most important factor in the air cargo charter market, an exclusive customer survey for Air Cargo News has revealed.The on-line survey found that nearly 55 per cent of respondents chose price as their top priority, with a need for 24 hour operations in second place, closely followed ...
-
News
All-in wrestling
ALL-IN rates have gained another convert, with IAG Cargo’s discreet announcement to customers.Less of a tidal wave of carriers deciding to drop fuel surcharges, but more of a steady drip.Emirates SkyCargo made the first move, swiftly followed by Qatar Airways, with IAG, the cargo arm of British Airways and Iberia, ...