All Supply Chains Articles – Page 33
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News
FedEx Express establishes direct commercial presence in Nigeria
FedEx Express has established a direct commercial presence in Nigeria in a bid to meet the country’s growing international shipping demands.The company said that with a direct presence in the country, businesses and customers in Nigeria now have greater access to a wider portfolio of FedEx Express shipping solutions.It added ...
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NewsIATA predicts 4% drop in air cargo volumes next year
Air cargo traffic is predicted to drop by a further 4% next year, while yields and revenues are also expected to weaken compared with this year's levels.Speaking at the IATA Global Media Day, the airline association's head of policy analysis Andrew Matters revealed its predictions for next year.He said that ...
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NewsLogistics UK’s new head of trade and devolution
Image source: Logistics UK; Nichola Mallon.Logistics UK has appointed Nichola Mallon as Head of Trade and Devolved Policy.With over 14 years of experience working within local government, the devolved Assembly and government in Northern Ireland (NI), Mallon brings a wealth of knowledge and expertise to the team.Kate Jennings, Director of ...
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News
China's air cargo supply chain faces more pressure
Freight forwarders are reporting a mixed picture of the current supply chain situation in China as Covid lockdowns continue following recent protests against the government's pandemic policy.China's pandemic measures are continuing to have a negative impact, although market rates remain similar to the previous week, according to Flexport.“The Covid outbreak ...
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NewsAmerijet eyes further freighter fleet expansion
Fast-growing freighter operator Amerijet has its eyes on further expansion and hopes to double the size of its fleet in the coming five years.The airline has experienced rapid growth in recent months as its fleet has grown from eight aircraft at the start of 2020 to operating 22 today – ...
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NewsWestbound Logistics continues to expand in China
Westbound Logistics Qingdao. Photo: Westbound LogisticsWestbound Logistics has opened a new office in Qingdao as part of its ongoing expansion in China.The new facility is the company's fifth office in the country, following Shenzhen, Shanghai, Hong Kong and Ningbo.Westbound China director Michael Lee commented: “We are very pleased to be ...
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News
Air cargo rates continue to decline in November
Air cargo pricing on some of the world's major trade lanes continued to decline in November, bucking usual seasonal trends.The latest statistics from the Baltic Exchange Airfreight Index (BAI) show that spot and contract rates paid by forwarders on services from Hong Kong to North America slipped to an average ...
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NewsIAG Cargo flies charity sports equipment for Pakistan schools hit by flooding
Donated cricket equipment. Photo: IAG CargoIAG Cargo is transporting 1.2 tonnes of donated cricket equipment into Pakistan that are destined for schools affected by recent flooding.The cargo division of International Airlines Group (IAG) is working with the UK Foreign, Commonwealth & Development Office, England and Wales Cricket Board (ECB), Lord’s ...
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NewsMSC Air Cargo prepares for take off as first freighter arrives
Source: MSC Air CargoMSC Air Cargo will soon launch operations as its partner airline Atlas Air has taken delivery of the first freighter that it will operate on behalf of the shipping company.Atlas Air said that is had today taken delivery of a B777-2oo freighter that it will operate on ...
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News
Call for road-air to be allowed for Hong Kong e-cigarette transhipments
The Hong Kong Association of Freight Forwarding and Logistics (HAFFA) has called for the easing of a ban on the transport of e-cigarettes due to its impact on the air cargo sector.Earlier today, Hong Kong's Legislative Council (LegCo) Panel on Economic Development met to discuss easing the ban on the ...
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News
DHL: No increase for peak season volumes and flat growth into 2023
Air cargo volumes remain low with peak season volumes unlikely to increase, according to DHL Global Forwarding’s November 2022 ‘Air Freight State of the Industry’ Report.“Volumes (are) expected to witness flat growth even in first two quarters in 2023,” said the report.Most of the major trade lanes experienced year-on-year declines ...
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NewsVirgin Atlantic Cargo flies aid to Pakistan
Haider Choudrey, Bestway Group (L) and Ben Crump, Virgin Atlantic. Source: Virgin Atlantic CargoVirgin Atlantic Cargo has flown more than 20 tonnes of medicines to Pakistan where it will be distributed to victims of the recent flooding and resulting humanitarian disaster.The airline told Air Cargo News the aid was flown ...
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News
Air cargo to join box shipping in 'overcapacity corner'
Air cargo faces a stint in 'overcapacity corner' next year alongside the ocean shipping sector, according to data analyst Xeneta.The data firm, which is parent to CLIVE Data Services, said that weaker volumes and higher capacity would result in overcapacity in air cargo next year.Ocean shipping is also expected to ...
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News
Hellmann establishes three new logistics solutions
Hellmann Worldwide Logistics has established three new logistics solutions: Consumer Goods, Industrial and Technology.The initiative aims to expand and strengthen Hellman's business throughout the end-to-end logistics supply chain.Hellmann Consumer Goods Logistics aims to ensure that manufacturers can operate at maximum capacity and deliver their products in stores on time with ...
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NewsAir Partner expands in Middle East
Air Partner Dubai. Photo: Air PartnerGlobal aviation services group Air Partner has expanded its office in Dubai as part of plans to double its workforce in the Middle East and grow its market share in the region.The office, located in Jumeirah Lake Towers, Dubai, offers Air Partner’s full suite of ...
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News
Cargojet and UPS Canada renew air cargo agreement
Canadian cargo airline Cargojet has renewed and extended its Air Cargo Services Agreement with United Parcel Service (UPS) Canada for an additional five-year term.The current agreement was due to expire on July 1 2025 and the new agreement is extended to December 31 2030.Cargojet continues to provide a Canada-wide air ...
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NewsThink big to address skills shortage
TIACA ACF panelYou wouldn’t know that staff shortages are one of the biggest challenges facing the air cargo industry by listening to Westjet executive vice-president, cargo, Kirsten de Bruijn.The executive vice-president, cargo for Westjet said that the company hasn’t experienced any recruiting or hiring issues in its cargo business.“Air cargo ...
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NewsSeabury highlights a mixed picture for air cargo
Sander Schuringa. Source: Air Cargo NewsWhile the air cargo industry faces dark clouds there are reasons to stay positive, according to Accenture's Seabury Cargo.Speaking at the TIACA Air Cargo Forum, the consultant's commercial manager Sander Schuringa highlighted the current headwinds facing the air cargo sector.He pointed to air cargo demand ...
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NewsAir cargo leaders optimistic on future demand and capacity
Air Cargo Forum CEO conference panel. Photo: Rebecca JeffreyOvercapacity is not expected to be an issue in the long term, according to a group of air cargo bosses.Reflecting on the future at TIACA’s Air Cargo Forum (ACF) in Miami, Tobias König, global chief executive, Rhenus Air & Ocean, said that ...
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News
DHL report reviews an air cargo sector in flux
DHL Global Forwarding’s latest Airfreight State of the Industry report, covering this past month (October) has illuminated the vagaries of what is currently a very unstable air cargo market.The report found airfreight volumes as a whole remain somewhat suppressed, with demand continuing to remain low on most trade lanes, although ...