Business – Page 107
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News
WCS17: Mercator promises revolution in airfreight systems
Transport software specialist Mercator is offering an Intelligent Cargo Ecosystem, which it describes as the industry’s first open API platform for air cargo management and ground handling.APIs (application programming interfaces) are used to provide the ‘building blocks’ which simplify the task of writing computer programs.Mercator says its open architecture platform ...
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WCS17: Schiphol gets grant for pharma temperature alert system
Amsterdam Airport Schiphol is to develop an early warning system for pharma shippers with the help of a €1m research grant, it was revealed at the IATA World Cargo Symposium on 14 March.The money, from the Netherlands Organisation for Scientific Research and TKI Dinalog, the Dutch Institute for Advanced Logistics, ...
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WCS17: China-Europe rail a threat to air cargo but box shipping troubles an opportunity
Air cargo should start taking the threat presented by China-Europe rail services seriously, but the difficulties faced by the container shipping sector could provide opportunities.Speaking at the IATA World Cargo Symposium, Seabury Group senior vice president Marco Bloemen said that rail freight services were “no longer carrying volumes that can ...
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WCS17: IATA chief makes modernisation call
The head of the International Air Transport Association (IATA) called on the air cargo industry to speed up modernization and deliver high quality service at the World Cargo Symposium in Abu Dhabi on 14 March.The airline organisation’s director general and chief executive Alexandre de Juniac told delegates: "Complicated and convoluted ...
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WCS17: Etihad takes freighter number ten
Etihad has taken delivery of its tenth all cargo aircraft, an Airbus A330F. The new addition takes the Abu Dhabi-based carrier’s Airbus freighter fleet to five, joining five Boeing 777 freighters.Etihad has launched ten new freighter routes in the past 12 months and carried 602,026 tonnes of cargo in 2016, ...
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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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WCS17: Cutting edge technology
Hair today, gone tomorrow. Svilen Rangelov of Dronamics is promising to shave off a flowing beard when his company’s first cargo drone ‘car’ is ready to fly, by the end of 2017.The Bulgarian entrepreneur and his equally bearded brother vowed to forsake the facial razor 2.5 years ago when they ...
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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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NewsAirfreight's positive momentum continues in January
Air cargo demand growth continued its “positive momentum” in January in line with a steady rise in new export orders.The latest monthly statistics from IATA show that air cargo demand in freight tonne km terms increased by 6.9% year on year in January.While this lags behind the 9.8% improvement registered ...
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WCS17: World Cargo Symposium conference programme
As well as presenting opportunities to network with other air cargo professionals, the World Cargo Symposium is also host to one of the industry's most important conferences and an exhibition featuring more than 30 companies.In 2017, the plenary session will be kicked off by Etihad's James Hogan before a series ...
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WCS17: We can’t get no innovation
The key theme for this year’s IATA World Cargo Symposium (WCS) is innovation. This is an appropriate subject, not least because many in the air cargo sector, including a number of high profile large air cargo volume shippers, believe it is in short supply. IATA will no doubt provide an ...
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WCS17: A thousand delegates at WCS 2017
Join over 1,000 air cargo leaders and more than 40 exhibitors in Abu Dhabi for the action-packed World Cargo Symposium (WCS) 2017.The event will feature plenary sessions, specialised tracks, workshops and executive summits, tackling aspects related to technology & innovation, security & customs, cargo operations, and sustainability.The 2017 event venue ...
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WCS17: Frank conversation and Arabian hospitality
David Kerr, senior vice president Etihad Cargo, the host airline for the event, said: “The IATA World Cargo Symposium (WCS) is such a vital forum for our industry and we are proud to host it in Abu Dhabi for the first time.“I can think of no place that better embodies ...
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CEVA sees airfreight demand improve but records another loss
CEVA Logistics saw airfreight volumes grow ahead of the market last year but revenues decreased and it recorded another loss.The forwarder recorded a 5.5% year-on-year decline in revenues for 2016 to $6.6bn, while losses came to $159m last year compared with $195m in 2015.Adjusted earnings before interest, tax, depreciation and ...
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ATSG full-year profits down due to Amazon start-up costs
Aircraft lessor ATSG reported a double-digit percentage improvement in revenues last year but profits took a hit as it was affected by the start-up of its Amazon contract and pilot strikes.The Wilmington-based airline saw revenues for 2016 increase by 24% year on year to $768.9m, while earnings from continuing operations ...
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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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Double-digit airfreight growth for Panalpina but profits take a hit
Panalpina recorded a double-digit improvement in air cargo volumes last year but rate hikes in the second half of the year put pressure on profits.The Switzerland-based freight forwarder saw 2016 revenues decrease by 11.3% year on year to SFr5.2bn ($5.1bn), while operating profits were down 30.1% to SFr82bn and net ...
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Hactl gains CEIV certificate
Hong Kong Air Cargo Terminals Limited (Hactl) has become the first handler in the Territory to gain full IATA CEIV Pharma certification. It is the result of an initiative sponsored by the airport authority, in which all relevant industry players undergo validation for the standard.IATA CEIV Pharma represents a co-ordinated ...
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TIACA encourages tomorrow’s airfreight leaders
Young professionals from six logistics companies in the Netherlands have taken part in a new programme aimed at developing talent and improving collaboration across the airfreight supply chain.Each of them – from Air France KLM Martinair Cargo, Jan De Rijk Logistics, Tosoh Corporation, Valeant Pharmaceuticals International, Agility and Swissport – ...