Supply chains – Page 18
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News
IAG Cargo expands Constant Climate network in Europe
IAG Cargo's facility at Strasbourg Airport in France has been approved to transport time and temperature-sensitive healthcare products, expanding the company's "Constant Climate" global network.Strasbourg is IAG Cargo’s 29th Constant Climate station in Europe. This latest certification means IAG Cargo now has over 100 approved stations across six continents to ...
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NewsAir cargo heading for double-digit growth in 2024
Booming e-commerce volumes are propelling the air cargo industry towards a double-digit percentage increase in demand this year, although a US crackdown on online shipments could prove a drag later in the year.The latest figures from supply chain data firm Xeneta show that air cargo demand in May increased by ...
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NewsNippon Express launches new Japan-US airfreight service
Exterior view of Columbus, Ohio branch. Photo: Nippon ExpressNippon Express (NX) has launched a new airfreight service from Chubu Centrair International Airport in Japan to Cincinnati/Northern Kentucky International Airport (CVG) Airport in Kentucky to serve demand in nearby Ohio.The Japanese logistics company said cargo bound for Ohio has until now ...
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NewsChina-Latam air cargo capacity under pressure
Capacity on the China-Latin America trade has been coming under pressure due to soaring demand and the trend is expected to continue into the peak season. A market analysis from Xeneta airfreight analyst Wenwen Zhang shows that air cargo spot rates from China to Latin America have ...
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News
Logistics UK reiterates call for dedicated logistics minister following election announcement
Logistics UK has reiterated its call for the creation of a dedicated logistics and supply chain minister following the announcement of a general election in the country on July 4.The business group urged all political parties to include the organisation’s call for the appointment of a minister for logistics and ...
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News
DP World begins Punta Cana airfreight operations
Airfreight operations have begun at DP World’s air cargo logistics hub in Punta Cana, Dominican Republic with the arrival of its first freighter aircraft. The multimodal facility at Punta Cana International Airport, first announced in March 2023, has been jointly developed with Grupo Puntacana and built through an agreement between ...
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News
Worsening box line disruption to have limited air cargo impact
Disruption to container shipping operations out of Asia has unexpectedly worsened over recent weeks but the development is expected to have limited impact on air cargo.The last few weeks have seen the return of port congestion and container shipping capacity shortages out of Asia push up ocean freight rates.Figures from ...
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News
UN commission examines the creation of negotiable cargo documents for air cargo
The United Nations Commission on International Trade Law (UNCITRAL) is looking at the creation of a negotiable cargo document that could be used in air cargo to transfer ownership of goods while in transit.Unlike ocean bills of lading, transport documents issued by rail, road and air carriers, which are often ...
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NewsPolar goes for growth
Polar Air Cargo is raising the bar for gender diversity in the industry as it strives to grow its network.At a time when women in the air cargo industry continue to be underrepresented at senior level it’s refreshing to see a majority women-led airline going from strength to strength.Four out ...
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News
Air cargo looks to index-linked deals in response to a volatile market
Freight forwarders and shippers are increasing the use of index-linked deals due to current industry volatility.Speaking on a webinar from data provider Xeneta and Tiaca, the two organisations said that supply chains were facing unpredictability and elongated transit times in ocean shipping due to the Red Sea crisis.Meanwhile, e-commerce volumes ...
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NewsSupply chains brace for new US-China tariff war
Cargo volumes and supply chain costs for China-US services could come under pressure after US president Joe Biden announced a range of new tariffs on Chinese imports.The president yesterday announced tariffs covering Chinese imports with a value of $18bn, ranging from electric vehicles (EVs) to solar cells and semiconductors to ...
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News
Teleport raises the bar for parcel deliveries
Integrated logistics provider Teleport aims to deliver 2m parcels daily by 2025 to match global express players.The Malaysia-based company is ramping up its next-day airfreight delivery services as more cross-border e-commerce volumes flow into southeast Asia.Pete Chareonwongsak, chief executive of Teleport, said: “The market is ready. We are ready. We ...
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News
Lufthansa Cargo targets North America with freighter expansion
Lufthansa Cargo will expand its presence in North America with the launch of a new freighter service and an increase in bellyhold services to other destinations for the summer season.The Frankfurt-hubbed freighter operator will launch a Boeing 777 freighter service to the Mexican city of Monterrey on June 3, with ...
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NewsChallenge Group launches Dubai-Liège freighter flights
Photo Challenge GroupChallenge Group is strengthening its network with a new scheduled freighter service from its home hub Liège (LGG) to Dubai World Central (DWC) via Tel Aviv (TLV).The service will begin on Thursday May 16. Initially, the service will operate weekly every Thursday, deploying a Boeing 747F aircraft with ...
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NewsIAG Cargo looks ahead to new Dublin-Denver flights
Photo: IAGIAG Cargo can now offer air cargo belly capacity between Dublin (DUB) and Denver (DEN) for the first time with a new route launched by International Airlines Group's (IAG) Aer Lingus.From May 17, IAG Cargo customers will have the opportunity to transport goods directly between DUB and DEN with ...
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InterviewsCooling market puts Ascent's expansion into lower gear
Mexico has been a hotspot of development for Ascent Global Logistics recently, but weaker market demand has seen the company become more cautious with investments and M&A activity, while its freighter arm has suffered from reduced yields. Ascent Global Logistics has been expanding in Mexico. With the recent addition of ...
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Insights
Putzger perspective: Cargo demand flies but can aviation keep up?
Aircraft supply chains are struggling to meet demand from airlines and the impact is taking its toll on air cargo operations. The aviation industry is struggling with a massive disconnect. Demand is robust. While air travel continues to surge, air cargo traffic has shown unexpected strength, with double-digit year-on-year increases ...
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NewsQatar Cargo aims for efficiencies with data, index-linked deals and by tackling no-shows
Qatar Airways Cargo is aiming to create efficiencies in the supply chain by tackling the issue of shipment no-shows, pushing for index-linked long-term contracts and integrating more data into its systems.Speaking exclusively to Air Cargo News (ACN), Qatar Airways chief cargo officer Mark Drusch outlined the three initiatives that he ...
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News
Hong Kong air cargo rates on key trades now ahead of last year
Rates on services from Hong Kong to Europe and North America are now ahead of last year's levels as demand continues to surge.The latest figures from the Baltic Exchange Airfreight Index (BAI) show that in April average all-in rates from Hong Kong to North America were up 6.5% year on ...
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NewsAGI Global Logistics starts strategic partnership in Sweden
Source: AGI Global LogisticsUK-based freight forwarder AGI Global Logistics has begun a new partnership with Swedish logistics company Scandinavian Shipping & Logistics (SSL).The partnership is anticipated to strengthen and expand AGI's freight and logistics services offered to customers operating in the Scandinavian market.AGI confirmed to Air Cargo News that the ...