All Business Articles – Page 62
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News
New index to keep tabs on Asian freight
A freight industry consultant and a journalist have created a new Asian forwarding index. Cathy Roberson, an industry veteran who has been consulting on logistics markets for two decades and freight journalist and consultant Mike King, say that their new APAC Forwarding Index will measure current demand and forward sentiment.It ...
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DHL seeks CEIV status across the Americas
DHL’s Global Forwarding, arm is to certify a further seven of its 11 Americas stations to IATA’s CEIV Pharma Standard. It has already achieved CEIV status at Bogota, Colombia and the seven remaining stations – Atlanta, Chicago, Cincinnati, Los Angeles, Miami, Philadelphia and San Juan - are expected to follow ...
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UPS scores top marks in healthcare survey
UPS and its specialist pharmaceutical supply chain arm, Marken have been recognised as top providers of temperature data collection and management services for clinical trial materials by an industry survey.New York-based Nice Insight’s 2017 Clinical Supply Chain Logistics Survey quizzed 320 healthcare decision-makers at large and midsize organizations in North ...
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IATA memo to Trump: cut aviation taxes and return to the principles of deregulation
In a Washington policy speech aimed primarily at the new US administration of President Trump, IATA’s top boss has urged governments to support the vital role aviation plays in connecting people and commerce around the globe.“Our world has grown much wealthier through trade and travel. Air travel liberates people to ...
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Air France KLM's cargo business records 2016 operating loss
The Air France KLM Group saw its cargo division record another operating loss last year, although there was a slight improvement as headcount was reduced and freighters were taken out of action.The Franco-Dutch airline recorded a full-year operating loss of €244m, compared with a €245m loss in 2015.Cargo revenues for ...
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US carrier group backs Open Skies in Middle East subsidy row
As reported in Air Cargo News at the start of this month (February), a number of US legacy passenger airlines have resurrected their complaints to the US Government that they are suffering as a result of Middle Eastern carriers being unfairly subsidised by their state authorities.American Airlines, United and American ...
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Cargo waiting in the wings as Lufthansa and Etihad partnership focuses on catering and MRO
Lufthansa and UAE national carrier Etihad have signed a non-equity partnership with an initial focus on in-flight catering and aircraft maintenance, although cargo is not on the menu at this stage.Etihad Aviation Group president and chief executive officer James Hogan, and Carsten Spohr, Lufthansa Group chairman and chief executive, signed ...
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Simply the best: Enter now to win an air cargo Oscar
You have got to be in it, to win it. The Air Cargo News Cargo Airline of the Year awards are now open for entries.There are six categories in total to enter this year, one more than last year due to the creation of the innovation award, sponsored by Heathrow ...
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FedEx's Fred Smith: Decision to quit TPP "unfortunate"
FedEx founder and chief executive Fred Smith has hit out at the US president’s decision to withdraw from the TPP trade deal saying being cut off from trade would be like “trying to breath without oxygen”.Speaking today on the Fox Business Network’s Maria Bartiromo programme, FedEx’s Fred Smith said the ...
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logistics innovation shortlist drawn up
German supply chain company Fiege has shortlisted ten start-ups for the Logistics Tech Accelerator 2017 programme.Fiege, partnering with San Francisco’s RocketSpace technology campus and Spain’s Kaleido, is a corporate collaborator to the Accelerator programme.The scheme, in which Lufthansa Cargo is also a corporate partner, helps identify and select young technology ...
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TPP of the iceberg as Trump withdraws US from trade pact
US president Donald Trump has signed an executive order to withdraw from the Trans-Pacific Partnership (TPP).The TPP includes 12 nations that account for around 40% of the world’s economic output and would have cut 18,000 tariffs between the countries to help boost trade.The 12 countries that signed up for the ...
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In Donald Trump we trust?
The one thing everyone can agree on about US President-elect Donald Trump is that he divides opinion.Some see him as an astute businessman who will help de-regulate America and allow it to build and manufacture its way out a slump that has seen real household income stagnate despite GDP continuing ...
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Only connect: air cargo connectivity means stronger trade growth
An IATA-commissioned study has established a clear link between air cargo connectivity and trade growth.Research by Developing Trade Consultants found that a 1% increase in air cargo connectivity is associated with a 6.3% increase in trade.The study, sponsored by the international airlines lobby, has also developed measures of key quality ...
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Atlas reports third quarter loss but expects positive peak
Atlas Air Worldwide Holdings reported a loss in the third quarter of the year as a result of “non-deductible expenses” triggered by warrants granted to Amazon, but the company remains optimistic for the peak season.The aircraft lessor recorded a loss from continuing operations of $7.5m for the third quarter, compared ...
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Investment fund buys ULD specialist CHEP
CHEP Aerospace Solutions, the Unit Load Device (ULD) management specialist, is being sold to EQT Infrastructure II of Sweden.Brambles, the Australian-based parent company of CHEP Aerospace Solutions, said that the transaction with the infrastructure fund will complete during November 2016.CHEP Aerospace Solutions offers pooling, management, maintenance and repair of ULDs ...
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Asia air cargo – so far so good
There was a continued uptick in air cargo during September, although the future is clouded, says the Association of Asia Pacific Airlines (AAPA). Provisional figures show a further improvement with 5.3% growth in freight tonne kilometres (FTKs), despite prevailing weak trade conditions.The average international freight load factor increased marginally, by ...
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Air Cargo Forum: New pharma group hopes to double shipper supporters over coming months
Brussels Airport and Miami International Airport have set up a new pharma organisation to improve handling and quality worldwide and expect to double the number of shipper participants over the coming months.Pharma.Aero will focus on shippers and all industry stakeholders who embrace the IATA CEIV programme. Members will foster route ...
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Profits may have peaked, say airline bosses
Profitability in the industry may have peaked, according to IATA’s quarterly business confidence survey of airline chief financial officers and heads of cargo.When surveyed in early October, they reported that profitability was unchanged in the third quarter of 2016 compared to the same period a year ago and also that ...
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Air Partner delivers urgent aid to Haiti
Air Partner has delivered 40 tonnes of urgent aid to Haiti on behalf of the International Federation of Red Cross and Red Crescent Societies (IFRC) to support the victims of Hurricane Matthew.The shipment included hygiene kits, buckets, tarpaulins, shelter tool kits and kitchen sets for around 1,000 families.Air Partner arranged ...
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The Range is at home with DHL
DHL Global Forwarding has been working with homeware retailer The Range to enhance its import supply chain. Based in the UK, The Range has enjoyed rapid growth in demand for its 65,000 product lines and has asked the forwarding arm of the Deutsche Post group to develop a robust, scalable, ...