Boeing's latest fleet forecast predicts a doubling of the world's fleet of aircraft in the next 20 years, generating demand for 34,000 new planes, at a cost of $4.5tr. At the same time, officials said the demand for freighters will remain sluggish over the next two decades and revised downward their previous forecast. Even so, freighters will nearly double to 3,200 by 2031.
Kuehne + Nagel has agreed to take over the business of Perishables International Transportation Inc. of Vancouver, Canada, another step in implementing the Swiss company's strategy to expand its activities in the field of perishables logistics globally.
This past month, non-asset-based third-party logistics companies took a big leap forward in their fight to join the Customs-Trade Partnership Against Terrorism (C-TPAT), one of our nation's leading supply chain security programs. The Department of Homeland Security approved port security legislation that includes creating a pilot program for non-asset-based 3PLs to participate in C-TPAT. The pilot program will give entry to C-TPAT to five 3PLs for one year.
NASSTRAC, an industry association representing shippers, commended members of the House and Senate conference committee for their work in passing a highway bill that lays a foundation addressing America's need for adequate freight transportation infrastructure. NASSTRAC, otherwise known as the National Shippers Strategic Transportation Council, represents manufacturers, retailers, wholesalers and distributors that rely heavily on over-the-road trucking to safely and efficiently move freight through their supply chains.
The European Union recently convened in Brussels the first meeting of the High Level Group on Logistics, a 14-member assemblage devoted to advancing European transport policy measures, headed by European Commission vice president Siim Kallas.
Singapore Airlines Cargo and China Cargo Airlines have inked a deal to begin operating joint freighters services between Singapore Changi Airport and Shanghai Pudong International Airport on June 26.
South American carriers LAN Airlines and TAM have banded together, forming the LATAM Airlines Group, reportedly the largest airline group in South America. The combined LAN Cargo, which has three smaller affiliate carriers, and TAM Cargo will now be able to offer routings to 169 cities around the world.