Supply chains – Page 14
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NewsAir cargo market records nine months of double-digit growth
August was the ninth consecutive month of double-digit year-on-year growth for the global air cargo market boosted by global trade growth, e-commerce demand and ocean shipping constraints.Total demand, measured in cargo tonne-kilometers (CTKs), rose by 11.4% compared to August 2023 levels, said IATA.Capacity, measured in available cargo tonne-kilometers (ACTKs), increased ...
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NewsUS port strikes end as temporary agreement reached
US importers and exporters will be breathing a sigh of relief after dockers at US container ports last night agreed to return to work after three days of strike action. The industrial action was launched on Tuesday as the dock workers’ contract ended without an agreement on a new deal. ...
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InsightsHeavylift supply chains thrive
Moving outsize and extremely heavy loads by air is a specialist business and a thriving one, according to the carriers, freight forwarders and handlers that are experts in the sector. Qatar Airways Cargo operates a fleet of 28 dedicated Boeing 777 freighters, which offer the specialised capability to transport a ...
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NewsGlobalX partners with Airblox on Chicago-San Juan flight capacity
Next week US charter airline Global Crossing Airlines (GlobalX) will begin operating round-trip cargo charter flights between Chicago and San Juan
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NewsAir cargo charter brokers report rising demand as port strikes continue
Charter broker Air Partner has reported a pick up in demand related to strikes at US East and Gulf Coast ports, while Air Charter Service is expecting major airlifts if the strikes continue. Air Partner executive vice president for group charter and cargo Jon Corbi told Air Cargo News that ...
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NewsRates on key Asia trades flat but steady in September
Airfreight rates on the transpacific market were largely flat in September but are expected to pick up as the peak season approaches and as US port strikes are now underway. The latest figures from the Baltic Exchange Airfreight Index (BAI) calculated by TAC Index show that rates from Hong Kong ...
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NewsAir cargo demand growth slows but October is a 'whole new ball game'
Air cargo demand growth slowed in September but there is an expectation that US port strikes will put extra pressure on an already busy market.The latest figures from data provider Xeneta show that air cargo demand increased by 9% year on year in September, a strong performance but down on ...
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News
No resolution in sight as US east coast port strike action draws closer
Potential strike action at US East Coast and Gulf Coast container ports is drawing closer as there is no resolution in sight to the ongoing dispute between terminal operators and their employees.The current master contract agreement is due to expire on October 1 and workers say they will down tools ...
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NewsCooler air cargo market in September just a blip
The air cargo market showed signs of cooling slightly in September but expectations are that demand will quickly pick up again in October.Freight forwarder Dimerco said that e-commerce and electronics volumes had "underperformed expectations in September".The company also pointed out that while the Global Purchasing Managers Index (PMI) Composite Output ...
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NewsAustralia the latest to add stricter requirements for European/CIS air cargo
Australia has joined the US and Canada in adding stricter security requirements for cargo originating from European and CIS countries. From September 26, the country will require that cargo being transported on passenger aircraft destined for the country should only be tendered from shippers with whom the forwarder has an ...
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NewsSurging air cargo rates out of Japan and Bangladesh boost buoyant market
Airfreight rates from Bangladesh and Japan have surged in recent weeks helping to raise prices in an "already buoyant" air cargo market, according to data provider WorldACD.The latest figures from WorldACD show that overall airfreight rates were up 14% year on year in the week ending September 15, led by ...
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NewsUS box port workers 'ready to strike' as contract deadline looms
Source: Strikernia/shutterstockUS East and Gulf Coast container port workers say they are ready to launch industrial action on October 1 unless a new contract can be agreed with terminal bosses before then.The International Longshoremen’s Association (ILA) yesterday issued a statement to say that members are "united as never before in ...
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E-commerce demand not going away despite US clampdowns
The online shopping-fuelled surge in air cargo demand looks set to continue despite US government attempts to tighten import regulations for e-commerce. Niall van de Wouw, chief airfreight officer at analyst Xeneta, said proposed regulations that will expand the types of goods excluded from paying duties under the de minimis ...
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NewsMesse München acquires Air Cargo Americas
Robert Schoenberger and Ivan Barrios. Photo: Messe MunchenMesse München has acquired the Air Cargo Americas Conference & Exhibition from the World Trade Center Miami to expand its logistics portfolio.Although Messe München is taking over the trade fair, the World Trade Center Miami will remain on board as a strategic partner ...
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Dachser warns of potential golden week supply chain disruption
Dachser has warned customers to "start preparing now to minimise potential disruptions" to supply chains ahead of Golden Week in China.The forwarder said that from October 1 to October 7, most businesses and factories in China will be closed for the Golden Week holiday, which takes place during an already ...
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US plans a further crack down on e-commerce imports
The Biden administration last week announced plans to implement stricter rules on e-commerce goods being imported into the country under the de minimis exemption. If implemented, the requirements would mean that any products that are part of the Section 301, Section 201, or Section 232 trade enforcement actions would no ...
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DHL Express adds capacity for Q4 peak
DHL Express is investing over €100m in transport and handling capacity to meet expected demand during the fourth quarter peak season.Investment in aviation capacity in the fourth quarter of 2024 includes the introduction of additional large and medium widebody aircraft and supplementary flights with existing aircraft, particularly on intercontinental routes, ...
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NewsGovernment urged to act on "alarming" Air Canada strike threat
A group of business organisations have urged Canada’s federal government to take action to avoid an Air Canada strike that would hit cargo operations and “significantly disrupt Canada’s supply chain”. In a letter to Steven MacKinnon, Minister of Labour and Seniors, the organisations said that the potential for labour disruption ...
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NewsE-commerce fuelled capacity crunch to continue
Air cargo looks set to continue its precedent-setting volume growth driven by booming e-commerce and have a long-term bright future despite a looming capacity crunch, a keynote speaker at the EU Cross-Border E-commerce Forum, held in Liege, Belgium on September 10, said.“We had eight straight months of double-digit growth,” Ryan ...