Supply chains – Page 46
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News
Airfreight rates expected to continue to rise
Airfreight rates are expected to continue to rise from already elevated levels despite efforts to ease ocean freight supply chain issues.In the latest Baltic Exchange market update, investment bank Stifel senior analyst Bruce Chan said that efforts to clear US ocean freight backlogs by extending the opening hours of certain ...
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NewsAirflo and Tiger Freight sign up to AFKLMP SAF programme
GertJan Roelands & Andrew Pattenden. Source: AFKLMPFreight forwarders Airflo and Tiger Freight are the latest companies to sign up to Air France KLM Martinair Cargo's (AFKLMP) Sustainable Aviation Fuel (SAF) programme.The partnership will make it possible to use SAF on AFKLMP Cargo flights from Kenya and Zimbabwe carrying Airflo’s and ...
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NewsDB Schenker and Lufthansa extend SAF freighter flights until March
DB Schenker and Lufthansa Cargo are extending their sustainable aviation fuel (SAF) powered freighter flights between Frankfurt and Shanghai through the winter season, while Nokia has also joined the initiative.The regular SAF-powered flights were launched earlier this year and the partners will now extend the programme through to March 2022.The ...
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News
Maersk set to swoop on Senator International?
Shipping giant AP Moller Maersk is in discussions to takeover Hamburg-based freight forwarder Senator International.Air Cargo News sister publication DVZ reports that the talks are at an advanced stage and a deal could be announced this week.Both companies declined to comment to DVZ.The deal would continue Maersk's push into supply ...
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NewsK+N profits surge with capacity constraints set to persist
Kuehne+Nagel (K+N) saw profits and air volumes soar in the third quarter thanks to higher rates in air and ocean and its investment in Apex Logistics.The forwarder saw third-quarter revenues increase 70.3% year on year to SFr8.6bn, earnings before interest and tax (ebit) was up 112.6% to SFr789m and net ...
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News
Savino Del Bene to offer Italy-US peak season flights
Italian freight forwarder Savino Del Bene will launch a charter operation between the US and Italy in response to capacity shortages.The peak-season service will begin on October 23 and operate between Milan Malpensa and New York JFK utilising a B767-300F operated by Cargojet Airways.The company said that it had decided ...
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News
Could Amazon soon add B777 freighters to its fleet?
Ever since Amazon launched its US domestic freighter operation in late 2015 there has been speculation that the company could one day expand into intercontinental operations.If a recent report from Bloomberg is correct, that speculation could soon turn into reality. A report from the news wire last week suggested that ...
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NewsHow will the easing of US travel restrictions impact air cargo?
The US will remove travel restrictions for many fully vaccinated passengers in a move that could see cargo capacity increase as a result of more bellyhold operations returning to the market.The country announced today that it will re-open its borders to fully vaccinated travellers from 33 countries on November 8 ...
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News
LA and Long Beach ports to open 24/7 to combat supply chain chaos
US president Joe Biden has announced that the US port of Los Angeles will join nearby Long Beach in working 24/7 to help clear the cargo backlogs that had contributed to modal shift to airfreight.Biden said that a 24/7 system is how most leading countries operate and that the move ...
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News
UK freight forwarders say no need to cancel Christmas
UK freight forwarder association BIFA is urging calm as reports circulate that supply chain challenges could put the brakes of festive celebrations in the country .The association's director general Robert Keen urged people to maintain a sense of perspective to avoid headlines becoming a self-fulfilling prophecy.He explained that shippers and ...
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News
Air cargo to lead aviation in carbon reduction
Air cargo is set to lead the aviation world in the adoption of green initiatives, with sustainable aviation fuel (SAF) proving to be the best way for the industry to reduce its carbon emissions.Speaking at the IATA World Cargo Symposium, the airline group’s director general Willie Walsh said that shippers ...
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NewsDSV adds B747F US-Brazil flights for 'red hot' market
Source: DSVDSV is continuing to expand its airfreight operation with a new flight from the US to Brazil on the back of rising demand.The forwarder has teamed up with Atlas Air to offer a B747-400 freighter flight from Miami International (MIA) to Sao Paolo VCP under a 12-month agreement.The service ...
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News
Bolloré presents PRISM, a ‘next-generation’ 4PL
Bolloré Transport & Logistics has deployed PRISM, its next- generation 4PL company designed to meet the specific needs of customers engaged in transforming their supply chain.PRISM, present in every continent, offers digital solutions which can be customised and interfaced, either through its own LINK 4PL management system or through reversible ...
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NewsWalsh expects a permanent shift in air cargo's importance to aviation
Source: Air Cargo NewsAir cargo's new found importance to airlines is here to stay, according to IATA director general Willie Walsh.Speaking to the press after the opening session of the IATA World Cargo Symposium in Dublin, Walsh re-iterated comments made earlier in the day that the air cargo sector had ...
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News
Supply chain spotlight: Air cargo & passenger travel, making the connection
The news that America is to relax its travel rules to allow border entry to vaccinated passengers from the UK and EU has been welcomed by the airfreight sector.While many may view passenger travel and air cargo as separate sectors within the air industry, they are in fact directly, and ...
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NewsCLIVE: The only way is up for air cargo load factors
Air cargo load factors began their peak season rise in September and are expected to continue to increase for the rest of the peak.The latest figures from CLIVE Data Services show that the global dynamic load factor, which draws from both weight and space, reached 68% in the last week ...
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NewsDHL Express upsizes at Paris CDG
Image source: DHLDHL Express has opened a new international hub at Paris-Charles de Gaulle (CDG), which is ten times larger than its old site at the airport.The €170m, 32,000 sq m facility will support e-commerce growth in Europe and the rest of the world, as well as creating 239 new ...
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News
Transport groups warn of supply chain collapse unless workers are protected
The heads of transport groups from across the industry have warned of the collapse of supply chains unless governments take steps to safeguard workers.In an open letter published on the day of the UN General Assembly, the International Road Transport Union (IRU), IATA, the International Chamber of Shipping (ICS), and ...
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News
Chinese supply chains face disruption as energy shortage bites
Chinese supply chains are being affected by factory shut downs as a power shortage has caused several companies to temporarily stop production.Many regions in the country have been affected by blackouts as the supply of energy is rationed. This has affected both homes and businesses.Risk analyst Everstream Analytics warned that ...
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NewsChande joins Kale Logistics as CFO
Image source: Kale Logistics SolutionsSupply chains IT provider Kale Logistics Solutions has appointed Pawan Chande into the role of chief financial officer (CFO).Chande, who has more than 25 years of experience in finance, leadership and strategy, will lead the finance, legal and investor relations divisions at Kale.His appointment comes as ...