China boosts the number of goods train going to Europe

 China has doubled the efficiency of freight transportation by increasing the number of freight trains travelling to and from Europe.

From 1 July there will be two regular goods trains every week between the important transportation hub of Xi'an City, Shaanxi Province, and Duisburg, Germany.

In 2022, China unveiled a weekly, uniform freight train schedule to and from Europe.

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As a longshoring lockout or strike looms, BC ports face an uncertain future.

 

With 72 hours' notice, thousands of longshore workers in British Columbia and the BC Maritime Employers Association are now free to strike or lock out employees at any moment, with potentially serious repercussions.

The Federal Mediation and Conciliation Service, a federal agency that provides conflict resolution to employees in significant economic sectors, continues to assist the parties' negotiators in their meetings.

Indeed, ports around the coast of British Columbia are important industries.

The largest port in the country, the Port of Vancouver, is home to 29 terminals that serve 16 communities around Metro Vancouver. The port handles $1 of every $3 of Canada's trade with countries outside of North America, according to the Vancouver Fraser Port Authority, the responsible federal organisation. 

The port serves as a gateway to 170 nations and supports 115,300 employment, $7 billion in earnings, and $11.9 billion in GDP for all of Canada.

The third-largest port in Canada after the Port of Montreal, the Port of Prince Rupert in northern British Columbia, would also be impacted.

The 49 private waterfront firms represented by the BC Maritime firms Association said in a statement that talks are still ongoing.

"The BCMEA remains committed to bargaining in good faith and pursuing a fair and balanced agreement that recognises the expertise of the waterfront workforce, while ensuring West Coast ports remain competitive, resilient, and accessible to all Canadians," the union stated.

Rob Ashton, president of the ILWU-Canada, was contacted by Black Press Media for comment, but he did not respond by the deadline.

The International Longshore and Warehouse Union, which represents almost 7,200 dockworkers, received 99.24 percent of the vote on June 12 in favour of a strike, if required.

Negotiations started in early February, and the last deal expired on March 31. After protracted negotiations, a brief lockout, and threats of a full-blown strike, both parties had come to that agreement in May 2019.

Because of labour negotiations at 29 American ports from Washington State to California and Vancouver's ranking as North America's third-largest port in terms of cargo capacity, the union's vote to strike attracted international attention in the United States.

There has since been a tentative agreement reached, but 22,000 employees still need to approve it.

The economy is slowing down and there are concerns about the effectiveness of the local port as negotiations take place in British Columbia.

The Port of Vancouver was ranked second-to-last out of 348 container ports in an index created by the World Bank and S&P Global Market Intelligence based on vessel wait times. Near the Vancouver Island coast, delays have led to problems.

Source : Article from vancouverislandfreedaily

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New Facilities for Cargo Partner in China

With the acquisition of four additional facilities, logistics company cargo-partner has continued to grow its network in China. The business, which is in process to be acquired by forwarder Nippon Express, has enlarged its Chongqing office and opened a new office in Nanjing, a new warehouse in Guangzhou, and a new pharmaceutical facility in Shanghai. 

 For exporters and importers who want GDP-compliant shipping options for pharmaceuticals, the new Pharma Competence Centre now acts as a functional hub. In a press statement, cargo-partner stated that its local specialists could offer temperature-controlled trucking for the first and last miles in addition to temperature-controlled air and ocean freight services. 

In addition to warehouses in Shanghai, Chengdu, Kunshan, and Hong Kong, there is a new facility in Guangzhou. It will largely serve high-tech demand, but the company also intends to draw future volumes from e-commerce, industry, and consumer goods. The facility will also likely be expanded the following year. One of several cargo-partner offices in the Yangtze River Delta, the new customer service and sales office in Nanjing will provide airfreight, seafreight, land transport, contract logistics, and value-added services. 

 "Nanjing is a major logistics gateway in eastern China, situated at the confluence of several key logistics hubs, including Nanjing Lukou International Airport, Nanjing Port, as well as important railway hubs connected to the main railway networks," the company made clear. Regarding the relocation to larger facilities in Chongqing, the company noted that the city is an important logistics and transportation hub in central China, with airports that rank among the top 10 in throughput throughout the country. Additionally, the city has a sizable port, and the Chongqing-Duisburg railway connection is a key component of the expanding trans-Eurasian rail system. "China presents enormous opportunities for the cargo-partner group as a dynamic and rapidly changing market," stated Luca Ferrara, chief executive of cargo-partner. "

"We continue to expand our network in China with the opening of our new Pharma Centre in Shanghai, our new warehouse in Guangzhou, and our new office facilities in Chongqing and Nanjing. Our long-term objectives of increasing operational effectiveness, creating closer ties with our local partners and clients, and opening up fresh chances for growth are ideally aligned with our strategic choice to establish a strong presence throughout China."

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Panalpina Acquired By DSV Under $4.6Bn Deal

Danish logistics giant DSV offered Swiss logistics giant Panalpina an unrefusable offer of
Swis franc195 / share in a deal worth approx $4.6 bn in order to become world leading freight forwarding company .

DSV & Panalpina both were in negotiation for last 2 months with deal starting at
Swiss Franc 170/ share in January which seems to be finally closing at Swiss Franc 195 / share .

After acquiring Panalpina DSV will become 4th largest freight forwarding company in terms of revenue .

After deal completion both logistics giants will be strengthened globally with air tonnage touching to 1.5 m tonnes & sea freight close to 3 m containers (TEUs) yearly.

DSV is also planning to change its name to "DSV Panalpina" in order to reflect its presence & long rich history worldwide .

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Increase in air freight rate in July despite market slowdown

Air freight rates are increasing since July this year irrespective of market slowdown.

Generally with market slowdown the air freight rates also show decline but not this year as it seems that major cargo hubs are under pressure based on available cargo handling.

As per below TAC index the prices on Hong Kong to North America increased by 16% in July.

Similarly for Hong Kong to Europe the prices increased by 23% 

The forward curve prepared by FIS Invester says “Air Cargo rates have continued to grow throughout July and look to continue to rise, resulting in a reluctance of airlines to commit their space for quarter four early,” FIS’ Nicola Hughes said.

“This is in the hope that they will achieve greater rates through the spot market at a later date. Leading shippers and freight forwarders to look for smarter ways to secure capacity in an environment where time to market is critical.”

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To Kick Off Farnborough Airshow DHL orders 14 B777Fs

Based on current list prices worth $4.7bn DHL orders 14 Boeing 777 Freighters with purchase rights for additional 7 freighters.

After this order DHL fleet of B777 will be double in size.

This order was announced at Farnborough International Airshow, is in response to increasing express demand & also to replace ageing aircrafts.

 Ken Allen, chief executive, DHL Express, said: “The acquisition of the 14 Boeing airplanes reflects a gradual replacement of our older intercontinental fleet.

"As the most fuel-efficient, most reliable freighter type with the best long-haul range, these aircraft will contribute to our emissions reduction targets and allow us to serve even more markets with non-stop flights.

"DHL was an early adopter of this type of aircraft for the logistics industry and took delivery of the 3rd B777F produced by Boeing in 2009. With extensive experience operating this freighter type, it has proven to be superior in all aspects of operation making it a logical choice."

The 14 aircraft are capacity neutral, but operational wise offer "significant cost, efficiency and reliability benefits", DHL said.

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Air Incheon launches freighter service to Hanoi

Air Incheon has launched freighter service to Hanoi while ACSV(Air Cargo Services of Vietnam) will be its handling partner at Hanoi.

This South Korean carrier has also promised to lauch its 2nd freighter by end of this year.

Considering the global expansion Air Incheon has taken this decision & may launch more services in future.

Air Incheon & ACSV partnership will be a milestone in services of logistics industry.

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George Willis Appointed as President of UPS US Operations

Effective May 1, UPS has appointed George Willis as president of US operations.

Willis will succeed Myron Gray who chose to retire after serving for 40yrs at UPS . Willis will report to Jim Barber & will join most senior leadership group of the company.

Willis began his career with UPS in 1984 as part time package handler in the Georgia district & many other part time supervisory roles while attending Morehouse college. He received his bachelor degree from Trinity college.

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Kerry Logistics added 2 more directors...

 Kerry Logistics has appointed two more directors namely Mathieu Renard Biron & Patrick Chea in its team. 

Mathieu Renard Biron as Managing director based out of Hongkong & Bangkok will be responsible for strategic development of group international freight forwarding division on both strategic & operational level. In earlier roles he has worked with several logistics, freight forwarding & manufacturing corporations since 1991 & last served as Geodis group regional vice president for Asia Pacific.

Patrick Chea as Executive director based out of Singapore will be responsible for developing air freight product , trade lanes & service capabilities. Earlier to this role Cheah was working with UTi & Damco as head of air freight for Asia.

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UPS expands express freight service

UPS is adding eight origin and five destination countries to its Worldwide Express Freight service, designed for urgent, time-sensitive and high-value international heavyweight shipments.
The expansion adds five countries in Latin America and three in Europe.
UPS now offers the guaranteed service – targeting product launches, inventory shortages or equipment failure replacement parts – to 58 origin and 56 destination countries and territories.
Countries adding origin service include: Bulgaria, El Salvador, Guatemala, Honduras, Nicaragua, Panama, Romania and Serbia.
Countries adding destination service include: El Salvador, Guatemala, Honduras, Nicaragua and Panama.
The service offers guaranteed palletised shipments, over 70 kg, for door-to-door and day-definite delivery, with customs brokerage service included.
“Eastern Europe is experiencing growth in the manufacturing and automotive industries and Latin America is undergoing rapid expansion of general industrial, healthcare, apparel, and high tech businesses,” said Nick Basford, UPS vice president of international marketing.
“We expanded the number of countries we serve due to consumer requests and anticipated future demand.”

Source : http://www.aircargonews.net/news/airlines/express/single-view/news/ups-expands-express-freight-service.html

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Boeing ups aircraft demand expectation

Boeing has upped its expectation for demand of new aircraft from last year’s forecast, predicting that 38,050 new airplanes will be needed over the next 20 years.
The company predicted that by the end of the 20 year forecast period, the commercial airplane fleet will double, from 21,600 airplanes in 2014 to 43,560 airplanes in 2034.
Last year, its forecast was 3.5% lower than its newly issued estimate.
It said 58% of the 38,050 airplanes delivered over that time will be to accommodate growth.
Boeing Commercial Airplanes vice president of marketing, Randy Tinseth, said: “The commercial airplane market continues to be strong and resilient.
“As we look forward, we expect the market to continue to grow and the demand for new aircraft to be robust.”
During the period cargo traffic is expected to grow at about 4.7% per year.
“The air cargo market continues to strengthen, and will drive demand of some 920 new airplanes over the 20-year forecast,” Boeing said.
"We've seen two years of solid growth in the air cargo market and we expect that growth to continue," Tinseth added. "That's great news for our line of production freighters, including the 747-8, 767 and 777."
The single-aisle market continues to be the fastest-growing, largest overall segment, requiring 26,730 airplanes over the coming two decades.
Boeing said these aircraft are the “foundation of the world's airline fleet”, operating more than 70% of the world's commercial aviation routes.
Emerging markets and low-cost airlines were fuelling the need for this type of aircraft.
Boeing forecasts that the widebody segment will require 8,830 new airplanes, led by small widebody airplanes in the 200- to 300-seat range such as the 787-8 and 787-9 Dreamliner.
This year's forecast reflects a continued shift in demand from very large airplanes to efficient new twin-engine products such as the 787 and new 777X.
While airline growth still accounts for the majority of new demand, a large and growing number of aging aircraft will require replacement. About 2 to 3% the installed fleet will require replacement each year.

Source: Boeing



Source : http://www.aircargonews.net/news/airlines/single-view/news/boeing-ups-aircraft-demand-expectation.html

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American goes further east with FlyUs

American Airlines Cargo has extended its reach in eastern Europe with the appointment of FlyUs as its general sales agent (GSA) in both Hungary and Poland. 
Both countries are currently off-line destinations in the American Airlines network, with cargo being trucked from both Budapest and Warsaw to London, Frankfurt, Munich or Paris for direct entry into the system.
Zsolt Szabó, FlyUs country manager, said that all eight American Airlines gateways in the US, as well as onward destinations in Mexico, Central America and South America have appeal for customers in Hungary.
Said Szabó: “A wide range of commodities - including electronics, pharmaceuticals, automotive and healthcare equipment - are already featuring in the kind of shipments for which we are receiving bookings. 
“We have potential business from across the whole of Hungary and are expecting demand for service to the new pharmaceutical facility in Philadelphia too, as there are several pharmaceutical factories here exporting goods all over the US and onwards to the Latin American countries.”
In Poland, customers have started sending shipments destined for the airline’s east coast hubs, with car parts, ships spares, electrical devices and cosmetics featuring in the early bookings. 
Country manager Pawel Wlodarczyk said: “We are a young and enthusiastic team and have already identified areas of business where we can win traffic for key locations in Brazil, Argentina and the Caribbean from Warsaw, central Poland and the industrialized south of the country.”
 In both countries, a dedicated sales staff has been appointed to handle the American Airlines Cargo business.

Source : http://www.aircargonews.net/news/airlines/gssa/single-view/news/american-goes-further-east-with-flyus.html

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Vessels collide in same 2013 sea mishap spot

Talisay City, Cebu — A chief engineer was hurt when a fast craft collided with a cargo vessel late Wednesday afternoon at Lauis Ledge off Talisay City, the same spot where a passenger vessel and cargo ship collided two years ago, killing 116 passengers and crew.
The Lauis Ledge has become an eerie spot for vessels traveling from Cebu to Bohol and passengers on board fast craft Starcraft 9 went into panic when the sea craft collided with cargo vessel MV Our Lady of Faith at 5:50 p.m. last May 13.
Fortunately, all 262 passengers and crew of the Bohol-bound fast craft were unharmed, except for chief engineer Romeo Astillejo, who was thrown off into the sea during the collision.
Astillejo was rescued by fellow crewmen and was rushed to the hospital for treatment.
The Philippine Coast Guard (PCG) said the collision damaged the fast craft’s right portion but Our Lady of Faith suffered no significant damage and her crew were safe.
The cargo ship, manned by Captain Jose Adaptar, was en route to Bacolod City from the port in the City of Naga while the fast craft, under Captain Roman Pialago, was bound for Tubigon, Bohol.
PCG Central Visayas District Chief-of-Staff Weniel Azcuna said the PCG is now questioning the captains and crew of the vessels.
He said there is a “need to monitor the traffic situation” in Lauis Ledge because it is the entry and exit point of vessels heading to or from Cebu.
Right in that same spot where the two vessels crashed last Wednesday is where passenger vessel St. Thomas Aquinas and cargo ship Sulpicio Express Siete collided on August 16, 2013. The mishap caused the death of 116 passengers and crew.
The Cebu Coast Guard earlier said a naval highway will be set up to guide vessels coming and going out of that part of Cebu, but this plan has yet to be realized.
Based on the plan, the PCG will set up a Vessel Traffic Monitoring System (VTMS) to monitor vessels using the Cebu Harbor Channel.
Just like a national highway, the VTMS will put up lighted buoys to guide entering and exiting vessels, especially in the Lauis Ledge.

Read more at http://www.mb.com.ph/vessels-collide-in-same-2013-sea-mishap-spot/#VXiOgYMTwoOlMv5a.99

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NGA to cease operations at the end of May

Main-deck cargo airline Nordic Global Airlines will cease operations at the end of the month after overcapacity in the market took its toll on the operator.
NGA, which operates a fleet of four MD-11F freighters for customers, was launched in 2011 but faced continued pressure on pricing.
Finnair Cargo, which owned a 40% stake in the company, leased freighter capacity from NGA for its mainly Asian cargo traffic until the end of last year.
In a statement released to the Nasdaq Helsinki exchange last week, Finnair said the decision to close NGA was “unavoidable” because of  “overcapacity in the sector and depressed freight pricing”.
“NGA grew to fly main-deck cargo in four continents with its low-cost and thin-organization model,” it said.
Finnair, like others, is switching its focus to bellyhold capacity and discontinued separate operations at the end of last year.
At the time, it said the decision to end its MD-11F freighter service between Helsinki and Hong Kong and instead rely on daily bellyhold via an A340 passenger service was due to “deteriorating yields” caused by currency fluctuations and overcapacity.
NGA is also owned by Neff Capital Management, Daken Capital Partners and the mutual pension insurance company Ilmarinen.
In August last year, NGA chief executive and chairman Jim Neff announced the start-up of all cargo carrier Western Global Airlines utilising MD-11 freighters.
The company will begin operations with a fleet of MD-11Fs leased from Neff Air, an affiliated leasing company which owns ten GE powered MD-11Fs and two GE powered 747-400BCFs
NGA leased its four MD11Fs from Neff Air.
Neff was also the founder and chief executive of Southern Air from 1999 until 2010, when he sold the company and became a minority stakeholder.

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Damco sees $9m loss as airfreight dives

Damco, the troubled logistics arm of Danish shipping giant AP Moller-Maersk (APMM), made a $9m loss in the first quarter of 2015 as its airfreight volumes fell 19%.
The division's total supply chain revenue fell nine percent, year on year, to $683m for the January to March 2015 period, of which eight percent was due to exchange rate movements.
Netherlands-based Damco saw controlled ocean freight volumes decline by two percent, as airfreight throughputs dived, with the latter due mainly to "project shipments in prior year which were not repeated in 2015," said APMM.
It added: "Restoring growth in the ocean and airfreight segments is a key focus area to improve overall Damco profitability."
The $9m first quarter loss was actually an improvement on like period 2014, when Damco made a loss of $10m.

Source : http://www.aircargonews.net/news/forwarders/single-view/news/damco-sees-9m-loss-as-airfreight-dives.html

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Panalpina launches 'Brazil Wings' freighters to São Paulo

 

Panalpina is adding a B747-400 freighter service to São Paulo, Brazil, aimed at manufacturers of heavy machinery and equipment for agriculture and mining.
The direct service from US hub Huntsville to São Paulo, called Brazil Wings, has been designed for customers in the mid-west and in parts of the s south eastern US.
As of March, global forwarder Panalpina will operate scheduled charter flights from Hong Kong to its Huntsville and from Huntsville to São Paulo.
The extended service is part of the renewed long-term agreement between Switzerland-headquartered Panalpina and ACMI lessor Atlas Air. It offers scheduled main deck capacity to South America from the US and a transit time of less than 40 hours from Hong Kong to São Paulo.
“Our customers in the US have a need for fast and efficient connections to Brazil. The new set-up with Atlas Air, where we switched one of our wet-leased aircraft to 200 scheduled charters per year, allows us to meet this demand effectively,” explains Lucas Kuehner, global head of Air Freight at Panalpina.
As of March 3, Panalpina will initially operate two flights per week from Huntsville to Viracopos airport, São Paulo, with dedicated scheduled charters using Atlas Air B747-400 freighters.
Roberto Schiavone, head of air freight for the region Americas at Panalpina, says: “The new service is tailored to companies that manufacture heavy machines and equipment for agriculture and mining.
“Brazil, with its large agricultural and mining industries, is an interesting market for these companies, but getting the goods there can be challenging. So far, the companies had to export via large, congested airports with limited freighter capacity.
Schiavone adds: “We offer an alternative – scheduled main deck capacity to Brazil from an uncongested airport that puts high priority on cargo.
“Export cargo can be easily trucked to our unique air freight gateway in Huntsville. There we offer an airside facility and short distances. This allows for fast expediting and full control on the ground. In addition, customers benefit from cargo consolidation and customs clearance services.”
Panalpina provides daily road feeder services from more than ten major US cities to Huntsville. From the Chicago area, with its important manufacturing base, transport to Huntsville takes as little as 16 hours. Panalpina also manages import customs clearance and delivery to the final destination in Brazil.
The freighter flights from Huntsville to São Paulo connect with the freighter flights coming in from Hong Kong.
“We can fly cargo from Hong Kong to Viracopos via Huntsville in less than 40 hours,” says Matthias Frey, global head of Panalpina’s controlled air freight network.

Source : http://www.aircargonews.net/news/single-view/news/panalpina-launches-brazil-wings-freighters-to-sao-paulo.html

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Volvo renews TNT international delivery contract

 

Swedish truck and bus maker Volvo has renewed a three-year contract with express operator TNT for ‘inbound to production’ and aftermarket delivery services in Europe.
TNT will continue to handle Volvo’s European emergency production movements.
TNT collects automotive components and parts from more than 800 different suppliers in Europe and delivers them to production facilities in Sweden, Belgium, France and Poland.
“The service builds on TNT’s integrated road and air network in Europe. It combines scheduled and special services to ensure all production delivery needs are met,” said the express company.
It added: “The need to maintain low inventory levels while keeping assembly lines running smoothly make guaranteed reliable deliveries essential. TNT provides a door-to-door transit monitoring service for shipments from its Automotive Control Centres, with 24/7 availability.”
Under the contract, TNT handles parts distribution to Volvo dealers throughout Europe to support Volvo’s aftermarket offering. Most parts are collected at Volvo’s central or support warehouses in Europe.
Another contract sees TNT managing the delivery of parts from suppliers in Europe to Volvo Trucks’ manufacturing plant in Hagerstown, Maryland, US.
TNT said that its ‘Inbound to Production’ and aftermarket services will be available to more customers in the automotive, high tech and industrial sectors in 2015.

Source : http://www.aircargonews.net/news/single-view/news/volvo-renews-tnt-international-delivery-contract.html

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Christmas overspend flattens UPS earnings

 

UPS reported “flat” fourth quarter earnings in the fourth quarter of 2014 compared with the same period in prior year. In fact, earnings per share, at $1.25, were identical to 2013, said the US-based express carrier.
It blamed higher than expected peak operating expenses in its home market as the carrier sought to maintain delivery times - UPS delivered 1.3bn packages during the fourth quarter, an increase of 8.1 per cent over the same period last year.
"UPS customers were delighted with the high quality service we delivered during the holiday season," said chief executive officer, David Abney. "However, the financial results were below our expectations.” He promised to “address this disparity with both cost and revenue actions" in 2015.
International revenue, on a currency-neutral basis, increased 5.9 per cent to $3.4bn – although currency fluctuations took $40m off this figure compared with 2013 - with 4.3 per cent growth in daily package volume.
Export shipments were up 5.2 per cent, driven primarily by 8.5 per cent growth from Europe, offset somewhat by a decline in Asia export volume. Non-U.S. domestic products were up 3.6 per cent with strong growth in Canada, Spain and Mexico.
Export yield contracted 1.7 per cent on a currency-neutral basis, as a result of lower fuel surcharges, product mix and stronger intra-regional shipment growth.
Revenue in the supply chain and freight segment increased 7.4 per cent to$2.5bn, with growth in distribution and UPS Freight.
Adjusted operating profit increased 4.7 per cent to $179m with improvements in distribution and UPS Freight offset by declines in the Forwarding unit, where gains in North American air freight and ocean were offset by “challenges” in international air freight.
Chief financial officer Kurt Kuehn foresees “continuous improvement and advances in strategic initiatives that have great potential for the company" during 2015. "E-commerce growth, operations technology implementation, emerging market expansion and industry specific solutions will provide momentum for UPS.”

Source : http://www.aircargonews.net/news/single-view/news/christmas-overspend-flattens-ups-earnings.html

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December's dollar yields dip

Air freight volumes continued to rise in December but exchange rate and fuel surcharge fluctuations saw a 2014 end of year fall in dollar-based yields, according to research house WorldACD.
December’s healthy year-over-year (YoY) volume growth continued 2014's trend, as chargeable weight increased 6.7 per cent, said the Netherlands-based analyst which uses primary data from global airlines.
December yields (in US dollars) dropped by 5.6 per cent, “a very worrisome figure at first sight,” said WorldACD, but citing two reasons for the fall.
The worsening Euro–US dollar exchange rate contributed to an 8.5 per cent dollar-yield decrease in December for cargo originating in one of air cargo’s largest markets, Europe. Measured in Euros, yields increased slightly.
Added WorldACD: “Overall yields were seriously influenced by a further drop in fuel surcharges. Although the yield drop was significant in Asia Pacific as well (-5.9 per cent), it was rather limited in MESA (Middle East & South Asia, -1.1 per cent) and North America (-1.6 per cent).
“The origins North America and Africa were the best monthly performers in terms of revenue growth, with YoY gains of 7.1 per cent and 6.9 per cent respectively.”
WorldACD said that 2014 was “a good year for air cargo”, with a volume growth of 6.4 per cent over 2013, and a much smaller change in dollar-yield (-1.45 per cent). Worldwide revenue increased five per cent after two years of declining revenues.
The Asia Pacific origin was above average (+ 6.2 per cent dollar-revenue increase), whilst MESA was well below (-0.4 per cent).
“North America distinguished itself as the fastest growing destination with a revenue increase of 10.9 per cent. Monthly yields decreased YoY in nine out of 12 months; they went up in June, July and August.”
Continuing the trend from previous years, revenues from pharmaceuticals and perishables outpaced the market, at 16.2 per cent and 7.2 per cent respectively.
Pharmaceuticals grew in yields by two per cent, more than the 1.2 per cent increase in 2013. But perishable cargo yields dropped by about three per cent, double the average of all cargo taken together.
The leading origins in both product markets strengthened their position: Africa and Latin America in perishables, Europe and MESA in pharmaceuticals.

Source : http://www.aircargonews.net/news/single-view/news/decembers-dollar-yields-dip.html

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IAG’s Cargo Connector is going to San Francisco

 
IAG Cargo has extended its Cargo Connector service to San Francisco, the tenth city for the local pick-up service.
It offers freight forwarders at or near the airport a free collection for consignments up to 300 kilos and IAG Cargo estimates that 95 per cent of its customers are based within a five-mile radius of the airport. This means that the Connector vans are never far away when a pickup request is received.
Regional commercial manager for North America, Joe Le Beau, says Cargo Connector was “more cost efficient for smaller freight forwarders that would normally pay a third party to deliver their freight, but also with our GKAs (global key account customers) who really appreciate the peace of mind this service offers."
Cargo Connector is already available in seven US cities - New York, Los Angeles, Chicago, Dallas, Atlanta, Seattle and Houston - and at London Heathrow and Frankfurt.
Drivers use IAG Cargo-branded vans and collect freight and process new cargo bookings on-the-spot for IAG Cargo's network of 350 destinations.
Le Beau said that vans arrive at agents’ premises 15 minutes after IAG has their booking details.

Source : http://www.aircargonews.net/news/single-view/news/iags-cargo-connector-is-going-to-san-francisco.html

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