Airfreight future figures published by FIS

Freight Investor Services (FIS), global leader in freight & commodity derivatives, has published airfreight future price curve, starting a new discussion in this $70bn market. In order to hep buyers & sellers in ascertaining seasonal price increase & tackling capacity issues , a new risk management tool is been designed by FIS. FIS along with index provider...

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WCS: Shippers slam poor service

If the air cargo community was under any illusion that its efforts to speed up door-to-door delivery and eliminate paper documents are winning over shippers, it may have to think again, writes Martin Roebuck. Two major shippers tore into the industry for its poor service quality and communication in a no-holds-barred session at the World Cargo Symposium (WCS) in...

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Kale breaks into Iraq Market

Iraqi ground-handler Azmar Air has gone live with Kale’s Galaxy International air cargo management system. Azmar, based at Sulaymaniyah International Airport in the Kurdish-controlled region of northern Iraq will use the system for e-freight compliance, warehouse management and vehicle management, and it will be able to offer real-time updates to customers’ trade partners and EDI messaging, says Indian-based Kale. It added that Galaxy is already in use by handlers including...

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Drewry Air Freight Price Index

East-West airfreight rates were for the second month in a row largely unchanged in July with Drewry’s East-West Air Freight Price Index only moving up by 0.8 points to 102.4 points. The small increase in pricing brought the index up to within 1.4 points of April’s high and an impressive 8.2 points above last year’s level, indicating the strength of the recovery in...

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