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Air Cargo: Page 54

Airfreight Industry Continues to Record Dismal Figures

Echoing the mid-year reports from several other aviation groups, Airports Council International (ACI) said air cargo tonnage was flat for the first five months of 2016, rising just 0.6 percent in May, year-over-year, and 0.2 percent, y-o-y, over the period of January to May 2015. Passenger traffic, however, was a different story, increasing by 4.6 percent, y-o-y in May.

FedEx First to Get Right to Conduct U.S.-Cuba Cargo Flights

As the thaw continues between the United States and Cuba, the U.S. Department of Transportation has granted FedEx the rights to operate a five-times-weekly freighter service between Miami and the city of Matanzas.

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Prospects for Next 12 Months Leave Airfreight Industry Execs Glum

Air cargo executives are notably less optimistic about their economic prospects for the year ahead, compared to the same time last year, according to IATA's July 2016 Business Confidence Index.

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Airbus Lowers Its Estimate of Number of Freighters Needed Over Next 20 Years

Airbus has drastically drawn down the number of dedicated freighters it anticipates being in service 20 years hence, according to its recently released "Global Market Forecast, 2016-2035." The disparity is remarkable, both in terms of number of aircraft and the shift in the market that it signals over the next two decades.

IAG Cargo Inaugurates Service Between Madrid and Shanghai

IAG Cargo has commenced service from Madrid, Spain to Shanghai.

Cargo Flights Between U.S., Cuba Could Start Later This Year

Tentative approval for scheduled airline services from 10 U.S. cities to Cuba may have implications for air cargo movement between the two countries.

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Air Canada Cargo Uses RFID Technology to Track Movement of Containers

Radio frequency identification (RFID) is hardly a cutting-edge technology. The system of scanning and identifying objects through the use of radio waves has roots that reach back to World War II. Since then, it's been used in countless tracking systems to monitor the movement of trucks and goods.

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Lufthansa Cargo, ANA Extend Joint Venture in Europe

Lufthansa Cargo and All Nippon Airways (ANA) are extending their joint venture to combine Lufthansa's entire European feeder network with direct flights of both carriers.

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Inventories Shrink in Latest Logistics Report: Is That Good or Bad?

The annual State of Logistics Report has a new author this year - and with it, a marked shift in some key trends.

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AA Cargo Launches Nonstop Service Between L.A., New Zealand

American Airlines Cargo has launched daily nonstop flights between its gateway hub at Los Angeles International Airport (LAX) and Auckland, New Zealand.

India Acts to Make Foreign Direct Investment Easier

In an attempt to attract more foreign funds to boost the nation's businesses, India's government this week relaxed the rules regulating the amount of foreign direct investment allowed across a wide spectrum of Indian business sectors, including the aviation industry.

Iran Re-Integrates Into Global Airfreight Forwarding

In another sign that Iran may soon play a larger role in world airfreight as it re-emerges from U.N. sanctions, the WACO network of independent freight management companies has added Iran-based Amadrah International Freight Forwarding to its roster.

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