All Supply Chains Articles – Page 22
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NewsGebrüder Weiss expands in Australia
Michael Zankel, regional manager East Asia/Oceania at Gebrüder Weiss. Source: Gebrüder Weiss/ SerraInternational logistics company Gebrüder Weiss is expanding its network in Australia with the opening of a new Air & Sea office in Brisbane.This is now the third location operated by the international logistics company in Australia, following on ...
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News
DHL Express strike ends across US
DHL has struck a “tentative deal” to end a 12-day strike by DHL Express workers at Cincinnati/Northern Kentucky International Airport (CVG).1,100 DHL Express workers began the strike at CVG on December 7.The following week they were joined in solidarity by other DHL workers at facilities across the US.Workers involved in ...
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News
Panama and Suez Canal double crisis threatens global supply chains
Persisting Suez Canal and Panama Canal-related supply chain delays and increased rates may see shippers and forwarders opting for air cargo.Shipping operations are currently being compromised by the need to avoid the Suez Canal due to the risk of attacks in the Red Sea, and restrictions on the Panama Canal ...
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NewsDHL Express workers extend strike action across the US
Photo: International Brotherhood of TeamstersDHL is now facing strife across the US as workers step up strike activity following the start of industrial action at Cincinnati/Northern Kentucky International Airport (CVG) earlier this month.Employees at DHL Express have expanded their picket lines to multiple locations across the US, including Boston and ...
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News
Abu Dhabi wealth fund eyes DB Schenker?
It is just over a year ago that Deutsche Bahn announced it would examine how best to offload freight forwarding and logistics business DB Schenker.Since the state-owned German railways giant made that statement, there has been no further announcements on the progress of the sale directly from Deutsche Bahn itself.Instead, ...
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Shippers and forwarders expected to target longer term deals in 2024
Shippers and forwarders are returning to longer term and fixed-capacity agreements as the air cargo market continues to normalise.In a recent market update, Flexport vice president and global head of airfreight Zeid Houssami said that part of this switch to longer fixed-capacity contracts was partly driven by the rise of ...
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NewsGeodis and Titan launch new China-UK cargo route
Photo: Chongqing Airport GroupBritish charter airline Titan Airways and forwarder Geodis have launched a new round-trip cargo route from Chongqing Jiangbei International Airport in southwestern China to London Stansted Airport in the UK.To serve the route, London Stansted-headquartered Titan is operating an Airbus A330-300 freighter that is exclusively leased by ...
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NewsRealterm acquires Calgary Airport air cargo facility
Photo: RealtermGlobal investment manager Realterm has acquired the Airfreight Logistics Centre at Canada's Calgary International Airport to expand its transport logistics property portfolio.The centre is situated on land leased from the Calgary Airport Authority, directly adjacent to the airfield at the Calgary International Airport (YYC), which handles 75% of Alberta’s ...
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Air cargo market shifts to e-commerce
The air cargo market has undergone a "fundamental shift" to e-commerce over the last few months, which has helped support increases in airfreight rates.Writing in the monthly Baltic Exchange newsletter, Neil Wilson of airfreight rate data provider TAC Index said that rates have been increasing over the last few months ...
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NewsDHL Express CVG strike could disrupt peak season operations
DHL workers on strike at CVG. Photo: International Brotherhood of TeamstersMore than 1,100 DHL Express workers at the Cincinnati/Northern Kentucky International Airport (CVG) began a strike yesterday that has the potential to cause disruption to express operations.CVG is the main international hub in the US for DHL Express. The hub ...
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NewsAIPUT scoops the Air Business of the Year at Logistics UK Awards
Source: Logistics UKAirport Industrial Property Unit Trust (AIPUT) was the winner of the air cargo award at this year's Logistics UK Awards.The awards ceremony took place last night with a glittering reception and celebratory gala dinner at the Park Plaza Westminster Bridge, London.AIPUT was the winner of the Air Business ...
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NewsXeneta doubts air cargo demand improvements will be long lived
Air cargo volumes were boosted by seasonal e-commerce demand from Asia in November, but Xeneta is doubtful the industry will see sustained stronger demand.November was the first month this year that saw demand outstrip supply, but, echoing IATA's concerns, the rate analytics platform said global airfreight capacity will likely continue ...
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NewsLufthansa Cargo adds fourth A321F
Lufthansa Cargo fourth A321F. Photo: Lufthansa CargoLufthansa Cargo has added a fourth A321 freighter to its short- and medium-haul network as part of its plan to expand capacity.The freighter, with the registration D-AEUJ, has been operating in Lufthansa Cargo’s network since November, and has already made its first flights to ...
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InterviewsLiege goes for growth
Liege Airport is on a growth mission and head of commercial Frederic Brun has taken on the challenge. Airports should step up their efforts in the air cargo supply chain and actively communicate with other stakeholders, otherwise, they could lose their worth. Historically this is something airports have fallen short ...
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InsightsFedEx targets growth in the UK and Ireland
FedEx UK & Ireland is gearing up for growth at Stansted and Dublin as e-commerce demand continues to drive the need for investment.Speaking at Stansted Airport in the UK, Alun Cornish, managing director, ramp and gateways operations for Northern Europe at FedEx, revealed that the company had just implemented a ...
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InsightsDP World delves into air cargo
DP World is building its end-to-end supply chain ambitions with the launch of its first air cargo logistics hub.DP World is easing into the air cargo industry with the launch of a new air cargo logistics hub in Punta Cana, Dominican Republic.Morten Johansen, chief operating officer of DP World Americas ...
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InsightsEmerging trends in air cargo
Neil Bulfield. Source: DG InternationalIn this column for Air Cargo News, Neil Bulfield, head of airfreight at DG International, reflects on the current state and projected future of the airfreight industry, revealing several critical trends and challenges for 2024.The evolution of e-commerceWhile e-commerce is still a relatively new phenomenon, it’s ...
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News
US FAA orders urgent inspection of 747 lightning protection
The US Federal Aviation Administration (FAA) has ordered all US Boeing 747 operators to carry out urgent inspections of lightning protection systems on the aircraft.The US FAA yesterday issued an airworthiness directive ordering all 747 operators to carry out the inspections due to early degradation of the lightning protection safety ...
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NewsAsia holds demand and capacity cards
DHL Global Forwarding (DHL GF) paints a broadly stable picture for air cargo demand in its November 'Air Freight State of the Industry' report."Air cargo demand remain(s) steady, with a slight increase month on month (MoM), and remains flat year on year (YoY)," surmised the report.While overall demand was stable, ...
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Rates continue to rise in November despite muted demand
Airfreight rates on major east-west trade lanes continued to pick up in November as weather conditions, e-commerce demand and capacity constraints helped push up prices (see dashboard at end of article).The latest figures from the Baltic Exchange Airfreight Index (BAI) – taking into account both spot and contract rates – ...