Transport Canada is proposing to allow shippers to screen their cargo before it reaches an airport, rather than solely relying on carriers to do so, in order to bridge security gaps and prevent terrorist attacks.
The Canadian government said relying on carriers to screen all cargo for explosive devices would be “slow and impractical,” resulting in bottlenecks, slowdowns and additional costs. This new initiative would bring up the standard of air cargo screening and save C$202 million in...
Friday, November 7, 2014
Monday, November 3, 2014
Geneva - The International Air Transport Association (IATA) Airline
Industry Forecast 2014-2018 shows that international freight volumes are
expected to increase at a compound annual growth rate (CAGR) of 4.1%
over the next five years. Emerging economies, particularly in the Middle
East and Africa, will be the fastest-growing markets.
International Freight Developments:
The Middle East is forecast to be the fastest growing region over the forecast period with a CAGR of 4.7%.
The second-fastest...
Monday, October 13, 2014
Global air freight markets showed continued robust growth in air
cargo volumes in August, according to the latest data from The
International Air Transport Association (IATA). Measured by
freight-tonne-kilometers (FTKs), volumes rose 5.1% in August 2014,
compared to August 2013, while capacity grew at a slower pace of 3.4%
from the previous year. This is the second consecutive strong month for
cargo volumes, following the 6.1% year-on-year rise recorded in July.
“The
outlook for air cargo...
Sunday, October 12, 2014
The Sino-International Freight
Forwarders Conference celebrates its 11th anniversary, and the 2014
event opens up even greater opportunities for delegates as it moves to
Guangzhou — the most important manufacturing city in southern China and
situated at the heart of the Pearl River Delta.
Open to all independent freight forwarders from around the globe,
as well as an impressive range of logistics vendors and
industry-related companies, the Sino-International Conference is the...
For the first time ever, the largest exhibition for transport and
logistics in Turkey will open its gates from Wednesday through Friday
this year. Gerhard Gerritzen, Deputy Managing Director of Messe
München, explains the event's new timing: "At the request of several
exhibitors and visitors, the show now begins on Wednesday instead of
Thursday, and so it ends before the weekend. The move will also
emphasize the event's character as a trade show more clearly." The 8th
logitrans—the...
Wednesday, September 24, 2014
Hong Kong International Airport (HKIA) continued to see upswings in freight in August. Cargo throughput grew by 8.8 percent to 366,000 tonnes. Flight movements had a 4 percent increase to 33,700, achieving a new monthly high for the second month in a row.
The growth in cargo throughput was driven mainly by transshipments, which were up 22 percent from a year ago. During...
French container-shipping giant CMA CGM has formed an alliance with China Shipping Container Lines and Middle East's United Arab Shipping Co to share vessels on some of the world's busiest trade routes.
The new alliance, called Ocean Three, is expected to deploy about 150 ships that would move roughly 20 percent of all cargo between Asia and Europe and 13 percent and seven percent across the Pacific and Atlantic oceans, respectively, people involved in the deal said, reported The Wall Street...
Saturday, September 20, 2014
Air freight volumes continue to show solid gains on a year ago,
supported by economic improvements in some regions, says IATA in its
latest quarterly cargo chartbook.
But high jet fuel prices and overall weakness in yields have kept
cargo financial performance from improving so far this year, adds IATA.
“Emerging Asia trade volumes have rebounded...
Sunday, September 14, 2014
Ushering a new era in Sri Lanka's
airfreight industry, the national carrier's cargo arm, SriLankan Cargo
signed e-AWB (air waybills) agreements with four of its top customers,
September 10.
At a time when the industry is increasingly adopting sustainable and
cost-effective practices to enhance operational efficiency,
International Air Transport Association (IATA) views this as the first
step towards a paper-free air cargo, involving fewer stakeholders.
The air waybill...
Tuesday, August 26, 2014
LUFTHANSA CARGO is integrating
Lagos, Nigeria, into its network by launching twice-weekly MD-11
freighter flights from September, writes Thelma Etim, deputy editor.
The
new services, which will take off from Frankfurt for the Nigerian city
every Monday and Thursday, will also fly on to Johannesburg, South
Africa.
The return leg will include a stopover in Nairobi, Kenya. “Another
two weekly flights from Frankfurt to Johannesburg will also stop in
Nairobi on the southbound leg,”...
Sunday, August 3, 2014
A robotic Russian spacecraft filled
with supplies for the six crew members on the International Space
Station made an express delivery to the orbiting outpost on Wednesday.
The Progress 56 craft
was launched atop a Russian-built Soyuz rocket from the Baikonur
Cosmodrome in Kazakhstan at 5:44 p.m. ET (3:44 a.m. local time
Thursday). It hooked up with the space station's Pirs docking
compartment just after 11:30 p.m. ET.
The Progress was loaded with about
5,700 pounds (2,587 kilograms)...
Sunday, July 27, 2014
25.07.2014 |
THE decision by Russian airline Aeroflot to scrap its dedicated
freighters business last year is the reason for a 36 per cent
year-on-year slump in its cargo business in 2014.
“Switching to belly cargo operations in 2013 is the main reason that
cargo and mail carried decreased 36.0 per cent year-on-year to June
2014,” says a statement.
In the first six months of this year the company expanded its fleet,
including 13 new A320s, two new B737-800s and six new B777-300ERs.
“The...
The Middle East-based logistics company's half-year 2014 revenues
increased to US$0.45 million [AED 1,768 million], up seven per cent on
the corresponding period of 2013.
Net profits rose to $43.4 million, an increase of 13 per cent.
“Following a robust first-quarter performance, strong momentum in the business continued through Q2,” says a statement.
The results include a one-off cost of $1.54 million for the acquisition of Australia’s Mail Call.
During the period, broad-based...
Thursday, July 24, 2014
Panalpina saw improved group level profitability in the first half
of 2014 as air freight volumes grew four per cent over prior year.
However, the Switzerland-based global logistics operator said that
unit profitability in both the air and ocean freight segments was
affected by a “challenging market”.
While air freight rates “remained under...
Sunday, July 6, 2014
C.A.L. Cargo Air Lines Ltd., Israel's boutique air cargo company which provides air cargo services worldwide, has announced the signing of an agreement to dry lease a B747-400F and the purchase of a B747-400ERF, both with nose and side doors.The B747-400F will be introduced to C.A.L.'s network in September this year and the second aircraft will come into service two months later.The B747-400F has maximum payload of 112,630 kg and maximum range of 4,445 nautical miles (8,230 km). The B747-400ERF...
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