Supply chains – Page 21
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News
Challenges and opportunities for air cargo outlined at World Cargo Summit
Things are “going well” for air cargo, delegates at the World Cargo Summit in Bangkok on January 30 were told.Steve Saxon, a partner with McKinsey who leads its Asia Pacific airlines practice, outlined four reasons why the sector is buoyant despite an increasingly fraught world situation, but also signalled some ...
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Insights
Red Sea shipping disarray sees Kerry’s air business hot up
There has been much speculation about whether the Red Sea crisis and the consequent rerouting of ships from the Suez Canal in Egypt to the Cape of Good Hope in Africa is impacting airfreight and to what extent.Some airlines and forwarders have said they are receiving more interest from shippers, ...
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InsightsSurvey: Air cargo optimistic for the year ahead
Air Cargo News recently carried out a survey of airfreight professionals and found the majority are expecting market conditions to improve this year.The air cargo industry is optimistic the market will improve in the coming year, with expectations that both volumes and rates will increase in 2024.A survey of more ...
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News
Schneider looks to utilise more ocean shipping and SAF to reduce emissions
Schneider Electric is continuing its efforts to cut emissions through increased use of ocean transport and sustainable aviation fuel (SAF) though a new partnership with DHL Global Forwarding.The two firms will develop what they have termed multimodal shipping bridges between Singapore and North America and between India and North America ...
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News
Cargo-partner aims to head off Europe-Mexico disruption with new consol service
Logistics firm cargo-partner has expanded its air consolidation service by adding a new route between Germany and Mexico as it looks to combat disruption on the route.The service will operate between Frankfurt and Felipe Ángeles International Airport and was launched as shippers face a "tense market situation" on services between ...
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News
Sea-air to come to the fore as Red Sea crisis drags on
Kerry Logistics has reported increased interest in its sea-air services, mirroring reports of growing enquiries for alternatives to ocean shipping due to the Red Sea crisis.The Hong Kong-headquartered forwarder said that its sea-air and road-air services across Eurasia have recently garnered increased interest.The company said that its sea-air solution transports ...
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NewsEtihad Cargo partners to develop better perishables airfreight management
First row: Elena Sorlini, MD and interim CEO, Abu Dhabi Airports; Etihad Airways chief executive Antonoaldo Neves; and Suresh Vaidhyanathan, chief executive, Abu Dhabi Food Hub. Photo: IHCEtihad Cargo, Abu Dhabi Airports and Abu Dhabi Food Hub KEZAD have signed a memorandum of understanding (MoU) to jointly establish an origin-to-destination ...
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NewsAir Partner transports time-critical aid to Gaza
Photo: Air PartnerAir Partner's cargo division has transported 92 tonnes of humanitarian relief for people in Gaza, including blankets, fleeces and hygiene kits.The operation encompassed three flights across three days using an Airbus A300 freighter from Brindisi (BDS) airport in Italy to Al Arish (AAC) airport in Egypt, carrying a ...
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News
TIACA and ALTA sign MoU aimed at cargo development
TIACA and The Latin American and Caribbean Transport Association (ALTA) have signed a Memorandum of Understanding (MoU) to foster improvements in the regions' air cargo sector.The agreement will see the two groups work together to facilitate understanding on the contribution of aviation to economic and social development within the Latin ...
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News
Red Sea-related demand yet to materialise but enquiries rise
The airfreight sector is yet to see any solid rise in demand related to the Red Sea crisis but customers are enquiring about alternatives to sea transport.While there is an expectation that vessel diversions away from the Suez Canal route and around the Cape of Good Hope due to attacks ...
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News
Airfreight rates expected to slide this year on 2023 levels
Airfreight rates are expected to continue to decline this year compared with 2023 levels as belly capacity continues to return to the market.Writing in his monthly Baltic Exchange column, Bruce Chan, director and senior research analyst covering global logistics and future mobility, at investment bank Stifel, said that international passenger ...
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News
Gradual increase in airfreight expected as Red Sea crisis could last months
Scan Global Logistics expects a slow but steady increase in airfreight volumes amid predictions that the Red Sea conflict could last months.The logistics company said in a January 12 market update that there hasn't been a drastic increase in airfreight volumes as a result of the impact of the Red ...
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NewsGeodis to continue operating own capacity
Geodis' A330-300 freighter is operated by Titan Airways. Photo: GeodisGeodis will continue offering its own-controlled freighter capacity until at least the end of the year.The freight forwarder’s leased Airbus A330-300P2F, operated by London Stansted-headquartered Titan Airways, is currently performing three rotations per week between the UK and China, carrying ...
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NewsAirlines warn of cargo delays due to 737 Max 9 grounding
Source: Alaska AirlinesAlaska Airlines and United Airlines have warned cargo customers that some shipments could be delayed due to the grounding of their Boeing 737 Max 9 aircraft.On January 6, the US Federal Aviation Administration (FAA) issued an emergency airworthiness directive (EAD) requiring inspections of all 737 Max 9s after ...
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NewsTake part: Air cargo industry outlook survey 2024
Air Cargo News is carrying out a survey of logistics and airfreight professionals to understand how they believe the air cargo industry will develop over the coming year.The survey provides also the air cargo industry with an opportunity to tell us how you think the industry is changing.Participating in the ...
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News
Ethiopian Cargo adds Casablanca to freighter network
Ethiopian Cargo & Logistics Services is adding Casablanca, Morocco to its freighter services.The carrier said in a LinkedIn post on January 4 that it "has finalized preparations to launch freighter services to Casablanca, Morocco".Ethiopian Cargo added that it will begin operations to Casablanca on January 9.The airline has not specified ...
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NewsAir cargo eyes a year of uncertainty and opportunity
Geopolitical uncertainty and unpredictability could fuel demand for air cargo as shippers move to benefit from the stability of services.Figures from data provider Xeneta show that air cargo demand increased by 9% year on year in December - although this is partly a reflection of a weak end to 2022 ...
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News
Red Sea conflict sees air cargo demand rise
Airfreight demand is rising as a result of the Red Sea conflict impact on Suez Canal shipping, according to Bolloré Logistics.The international transport and logistics company said that the "volatile" situation, which has resulted in higher rates, increased transit times and supply chain delays, will squeeze airfreight capacity."The increased ocean ...
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NewsAir Cargo News' most-read stories 2023
Photo: Khongtham/Shutterstock.The past 12 months have been another tough period for the air cargo market as a sluggish global economy transferred through to weak air cargo volumes.However, airfreight rates and revenues remained above pre-covid levels and e-commerce and other special product categories continued to support the market. There were also ...
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NewsDHL and JAL team up on 767-300F operations
(From left) Tony Khan, president and representative director of DHL Japan and Yuichiro Kito, executive officer - Cargo & Mail of Japan Airlines. Photo: Japan AirlinesDHL Express and Japan Airlines (JAL) have signed a long-term contract to utilise JAL'S Boeing 767-300 freighters.The companies said in a press release that they ...