Supply chains – Page 32
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News
No signs of Chinese New Year rise in air cargo demand
Any hopes of a surge in air cargo demand ahead of the Chinese New Year/Lunar New Year holiday appear to have faded as economic pressures continue to put the breaks on consumer spending.The two-week holiday this year falls on January 22 but industry players are not expecting to see the ...
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News
Ethiopian the latest to increase China flights
Ethiopian Airlines has become the latest carrier to add bellyhold capacity to the China market following the easing of Covid restrictions.The carrier said that the frequency of flights will increase starting on February 6 and return to pre-Covid levels on March 1.Starting on February 6, Ethiopian Airlines will operate daily ...
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News
Shanghai Pilot Free Trade Zone to launch cargo tracking service
Shanghai Pilot Free Trade Zone will begin to track air cargo shipments to help automate processes and improve cargo visibility.The free trade zone partnered with software firms Champ Cargosystems and Sita after it was mandated by the Shanghai municipal government to set up a cargo tracking service platform to track ...
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News
DHL: Demand down but hope as inflation expected to ease
DHL Global Forwarding’s December 2022 ‘Airfreight State of the Industry’ report painted a fraught operating landscape but the outlook isn't entirely gloomy.Following November's low volumes, demand continued to remain reduced on most trade lanes and is likely to continue into 2023, said the report.DHL said that e-commerce shipments only added ...
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News
US SMEs explore nearshoring to avoid supply chain disruption
US small- and medium-sized enterprises (SMEs) are moving their supply chains closer to their home market at a faster rate than predicted to help minimise supply chain disruption.A survey from Gartner-owned consultant Capterra shows that 88% of the 300 SMEs surveyed plan or are currently in the process of switching ...
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Insights
Putzger perspective: Full steam ahead for air cargo headwinds
Industry forecasts for this year are largely pessimistic with the outlook for demand muted at best, though capacity looks set to grow, writes Ian Putzger.“Air cargo peak season has now officially failed to materialise,” wrote Freightos head of research Judah Levine on December 7, pointing to year-on-year drops of more ...
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Insights
Where now for UK air cargo? A year in review
2022 saw its fair share of challenges within the logistics industry, as the UK continued to navigate post-pandemic life and the government underwent reforms.As the economy returned to a new normal, air cargo has proved its value as a key link in keeping the country’s supply chain intact, but has ...
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News
Rates end 2022 on a flat note but ahead of pre-Covid levels
Airfreight rates on key trade lanes ended the year on a flat note, but remain above pre-Covid levels.The latest statistics from the Baltic Exchange Airfreight Index (BAI) show that average rates – both contract and spot – paid by forwarders on services from Hong Kong to North America in December ...
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News
Air Cargo News' most read in 2022
Last year was another turbulent year for the air cargo industry as the rapid growth experienced in 2021 turned to decline and capacity began to open up as passenger networks re-opened.Despite the demand declines, volumes stayed ahead of pre-Covid levels and rates remained far above the levels achieved in 2019 ...
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NewsMiami Airport reaches high for cargo capacity
Miami International Airport (MIA) is adopting a vertical approach to meeting air cargo capacity demand as it contends with limited space.The airport’s “Vertically Integrated Cargo Community” project envisions a five-storey storage warehouse which is expected to more than double its current cargo capacity.Expected to break ground next year, the estimated ...
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News
Tiaca positive for air cargo in 2023 despite tough outlook
Air cargo association Tiaca is predicting another tough 12 months for air cargo demand, but has also outlined positives for the industry.In its latest newsletter, the association said that high inflation, high interest rates, high energy costs and concern over job security have compounded to create an air of defensive ...
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NewsRhenus Air & Ocean gains GDP certification at Schiphol Airport
GDP certificate. Photo: Rhenus Air & OceanRhenus Air & Ocean’s pharma-focused business site at Amsterdam Airport Schiphol (AMS) has gained the Good Distribution Practice (GDP) certificate.The Dutch headquarters of Rhenus, which has been IATA CEIV Pharma accredited for years, follows the footsteps of the business site at Frankfurt Airport, ...
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NewsCargo-partner completes Ljubljana expansion and SAF flight
Copyright: cargo-partnerLogistics firm cargo-partner has officially opened its expanded logistics facility close to Slovenia’s Ljubljana Airport and announced a Sustainable Aviation Fuel (SAF) project.The company opened its iLogistics Center two years ago, but brought forward the planned expansion of the facility, originally scheduled for 2024-2026, to this year in response ...
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News
Deutsche Bahn prepares for the sale of DB Schenker
Deutsche Bahn is preparing for the sale of its freight forwarding subsidiary DB Schenker as it looks to focus on its core rail business.The rail group said today that it has assigned its management board to examine and prepare the case for a potential sale of up to 100% of ...
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News
time:matters expands same-day network to North Africa
Time-critical logistics firm time:matters has opened a new station in Casablanca to enable the offering of same-day transport in North Africa.The logistics company said that Casablanca - one of North Africa's "most important and major economic regions - would be served 17 times a week with direct connections from Frankfurt ...
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News
K+N launches new airfreight semiconductor offering
Kuehne+Nagel has launched a new offering for airfreight shipments that is tailored to the requirements of global semiconductor supply chains.The offering includes "robust" airfreight capacity, security solutions and is based on the new “SemiconChain” quality standard.The forwarder said that the service includes time-defined services, appropriate handling controls, airside services, prioritised ...
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NewsNetwork Aviation Group opens new global headquarters
Dr Jaclyn Bell and Aled Griffiths. Photo: Network Aviation GroupNetwork Aviation Group has officially opened its new global headquarters in the UK.The new office is located close to London Gatwick Airport, in the heart of Crawley town centre, a 10-minute drive from the airport and a five-minute drive from the ...
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NewsSingapore Airlines extends UK cargo partnership with WFS
Worldwide Flight Services is now providing UK trucking services for Singapore AirlinesSingapore Airlines has extended its cargo partnership with Worldwide Flight Services (WFS) in the UK through a new contract for domestic trucking services connecting 18 regional offline airports.Cargo handler WFS has provided cargo handling for Singapore Airlines in ...
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NewsMenzies Aviation opens new global headquarters in London
His Majesty’s ambassador to the State of Kuwait Belinda Lewis, Menzies Aviation chief executive Philipp Joeinig and Menzies Aviation chairman Hassan El Houry. Photo: Menzies AviationGlobal aviation logistics specialist Menzies Aviation has opened new global headquarters in central London.The new London office in Bloomsbury Square was officially opened by Menzies ...
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NewsForwarders stick with short-term deals as air cargo volumes fall
Freight forwarders are continuing to opt for short-term airfreight deals as volumes and rates continue to decline.The latest statistics from Xeneta-owned CLIVE Data Services show that in November air cargo volumes declined 8% year on year and were down 2% on October, while the dynamic load factor - based on ...