All Supply Chains Articles – Page 39
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NewsShanghai PVG air cargo capacity drops by two thirds in April
Air cargo capacity out of Shanghai has been reduced to just a third of its level last year in response to the city wide lockdowns that have caused production to grind to a halt.The latest statistics from Accenture's Seabury Consulting show that in the first two weeks of April, cargo ...
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Shanghai capacity creeps back but trucking trouble remains
Flight capacity is slowly improving but trucking remains in trouble as the Shanghai lockdown goes on and there are concerns a lockdown could be rolled out in Beijing.Flexport said in a market update on April 26 that Shanghai continues to undergo lockdown due to high amounts of Covid cases.A round ...
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NewsBAFCO joins WACO
Mohammad Aslam Kazi, chairman, BAFCO. Photo: BAFCOGlobal freight management and logistics network The WACO System (WACO) has announced that BAFCO International Shipping and Logistics Co., Ltd. (BAFCO) will be the latest addition to its global freight forwarding network as the representative for Saudi Arabia.Along with services including airfreight, ocean freight, ...
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Dimerco's China-Mexico Air+Road service off to a flying start
Freight forwarder Dimerco's recently launched Air+Road service from South China to Mexico handled more than 70 shipments since its launch.The company said that so far the bonded service, which utilises freighter services from China to either Los Angeles or Dallas and then cross-border trucking to Mexico, has handled 76 shipments ...
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NewsCall to improve safe transport of lithium batteries
Source: DestinaDesign/ ShutterstockAirfreight and ship transport of lithium batteries needs to become safer to prevent fires, TT Club has said.The international freight transport insurer said it is calling for increased vigilance to ensure secure and safe lithium battery supply chains following a number of recent fire incidents affecting container transport, ...
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NewsAir Canada Cargo adds second freighter and expands network
Source: CNW Group/Air CanadaAir Canada Cargo has added its second freighter aircraft allowing it to start ramping up its freighter network with new destinations in Canada and Europe.The airline said that the addition of its second B767-300ER will allow it to start high frequency freighter services from Halifax Stanfield International ...
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Shanghai factories to restart production but supply chain issues continue
Factories in the Shanghai area are slowly returning to production in a closed-loop system but supply chain disruption is expected to continue for some time.Companies were last week asked to submit plans to stop of the spread of Covid-19 before they could re-start production.In total, 666 companies have been white ...
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NewsLockdowns spread in China as Shanghai measures could ease in May
Photo: ShutterstockShanghai lockdown measures that are impacting airfreight operations in the city and putting pressure on supply chains are expected to continue for the next two to three weeks.This is according to Flexport, which warned that although there is light at the end of the tunnel for Shanghai, cities near ...
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NewsNE Asia-Europe capacity drops more than 20% due to Ukraine crisis
Air cargo capacity on the north east Asia-Europe trade lane has dropped 22% since the end of February when the Russian invasion of Ukraine began, according to the latest figures from Accenture's Seabury Consulting.The consultant compared capacity on the trade between March 12-18 with February 19-25 as it has taken ...
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NewsThe logistical challenge of the Ukraine crisis relief effort
The refugee crisis created by the conflict in Ukraine has dominated the headlines and in response there have been an array of aid shipments to countries bordering Ukraine, but the Humanitarian Logistics Association (HLA) warned that this approach needs careful thought.Sarah Schiffling, senior lecturer in supply chain management at Liverpool ...
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Shanghai airfreight remains under pressure from city lockdown
Operations at Shanghai Pudong International Airport (PVG) remain constrained as it largely handles pre-lockdown air cargo and supply chain operations are still limited.This is according to the latest advisory from UK-based logistics, freight forwarding & supply chain specialist Woodland Group.Commenting on how Shanghai is coping with its extended Covid lockdown, ...
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NewsOceanfreight consolidation set to benefit air cargo in the long term
Tom Crabtree. Source: Air Cargo NewsThe consolidation of the oceanfreight market is set to benefit the air cargo market in the long term as the price differential between the two modes will remain closer than in the past.Speaking at this week's Nordic Air Cargo Symposium, Boeing Commercial Airplanes market analysis ...
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NewsWhen will air cargo's supply-demand balance return to pre-Covid levels?
The air cargo market could see its supply-demand balance return to pre-covid levels in 2025, although that prediction comes with a plethora of caveats.Speakers at the Nordic Air Cargo Symposium were tasked with taking a look at air cargo’s road to recovery and they concurred that industry turbulence was set ...
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NewsShipping giant Maersk launches new air cargo business
Maersk B767-300F. Source: AP Moller MaerskShipping giant AP Moller Maersk has launched its new air cargo business as it looks to meet customer demand for supply chain security.The company, which owns the world's largest container shipping line, said that its new Maersk Air Cargo business will be operational in the ...
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NewsAir cargo demand takes a hit in March but rates stay high
Air cargo volumes in March declined compared with a year earlier as the market was hit by the war in Ukraine, sanctions and lockdowns in China.The latest figures from CLIVE Data Services, which is part of the Xeneta rate benchmarking platform, show that demand for March was 4.5% down compared ...
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NewsRoyal HaskoningDHV acquires air cargo supply chain specialist
From left: Erwin Faber (Districon), René Dahmen, Sabine Bink, Marije Hulshof (Royal HaskoningDHV), Jeroen Kiks and Jack Pool (Districon). Photo: DistriconNetherlands-based engineering consultancy firm Royal HaskoningDHV has acquired Netherlands-located supply chain solutions company Districon that has links to the air cargo industry.Districon brings to the deal its "knowledge of optimising ...
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Moscow supports Volga-Dnepr with "unprecedented" deal
The Russian government has signed an "unprecedented" deal with the Volga-Dnepr Group for the creation of air bridges between Russia and several countries to carry critical goods.Writing in his blog, the Mayor of Moscow, Sergey Sobyanin, said that on behalf of the president of Russia, Vladimir Putin, an agreement had ...
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NewsDachser revenues exceed €7bn for the first time
Photo: DachserAirfreight charters helped German logistics company Dachser record a 78.3% jump in revenues at its Air and Sea Logistics unit to just over €2bn in 2021.Total group annual revenues went above €7bn for the first time, a 20% increase over Covid-hit 2020, while the forwarder also warned of continuing ...
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Shanghai airfreight disruption continues
Airfreight and wider supply chain disruption is set to continue in Shanghai as the city remains under lockdown.Shanghai started a two-phase lockdown on March 28. Restrictions were due to end on April 5, but the city’s government has extended the lockdown, now covering the whole city.Dimerco’s air- ocean freight market ...
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InsightsAirfreight customers take hit from Ukraine rates rise
Airfreight customers will pay the price as the Russia-Ukraine war continues and impacts rates.Speaking exclusively to Air Cargo News, The Air Charter Association chief executive officer Glenn Hogben says airlines have been forced to change their Asia-Europe routes to avoid Russian and Ukraine airspace since the later country was invaded, ...