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Air Cargo: Page 58
Hacis Opens Seventh Cargo Depot for E-Commerce in China
Hong Kong Air Cargo Industry Services (Hacis), the logistics arm of Hong Kong air-cargo handler Hactl, has opened a new inland cargo depot in southern Guangzhou, its seventh in mainland China.
Logistics Confidence Index Hits Lowest-ever Mark as Air, Sea Freight Shipments Slump
With a score of 45.4, the December edition of the Stifel Index has recorded its lowest-ever total, amidst a continued pattern of decline.
United Cargo, Lufthansa Enhance Cooperation on U.S.-Europe Routes
United Airlines and Lufthansa are enhancing their current cooperation agreement to include cargo booked by United Cargo and Lufthansa on routes between the U.S. and Europe.
IAG Cargo Adds Widebody Service Between Heathrow, Tel Aviv
IAG Cargo is introducing a dedicated widebody service between London Heathrow Airport and Tel Aviv.
Sluggish Air Cargo Market Expected in 2016
As we draw toward a close of a volatile 2015 that saw airfreight demand skyrocket in the early months only to cool down and stagnate for much of the rest of the year, the International Air Transport Association (IATA) is predicting continued sluggishness for most of 2016, thanks to continued weak growth in world trade, a slowdown in China, falling commodity prices, and an expected interest rate hike in the United States.
Fifty European Airports Scheduled to Be Carbon-Neutral By 2030
At the recent COP21 climate change discussions in Paris, the European airport industry committed to raising the number of carbon-neutral airports in Europe to 50 by the year 2030.
IAG Cargo Launches Cargo Connector Service in U.S.
IAG Cargo has launched a Cargo Connector delivery service in the U.S.
Six-month Outlook for Shipment by Air, Sea Is Not Very Bright
For the sixth month in succession, the Stifel Logistics Confidence Index declined. This trend resulted in the November Index score falling to the lowest registered for three years. The monthly decline registered in airfreight was more moderate than that witnessed in sea freight; the former was down by 0.4 points to 48.9, whilst the latter dropped 2.8 points, amounting to 46.1.
Paris Terrorist Attacks Just the Latest Act of Unrest to Disrupt Supply Chains Worldwide
Even before the events in Paris on Friday Nov. 13, unrest in several geographic areas of the world has contributed to major disruption in the supply chain.
Conversion of Passenger Aircraft to Cargo Carriers Continues Apace
U.S.-based lessor and asset manager Aviation Capital Group placed a firm order for fifteen 737-800 passenger-to-freighter conversions with Aeronautical Engineers Inc (AEI), with options for fifteen additional conversions. The announcement was made at the Cargo Facts Aircraft Symposium in Miami.
Air Cargo Supply Chain Said Out of Step with Needed Technology
IATA's global head of cargo, Glyn Hughes, said the logistics business is not keeping up with technology - a sentiment that's been expressed before, but one he said cannot be emphasized enough. Hughes also called for more communication across the airfreight supply chain.
Ocean Shipping Overcapacity Continues, Confidence in Airfreight Market Still on Decline
The Stifel Logistics Confidence Index fell into a fifth consecutive month of decline in October. Significantly, the index has now fallen beneath the neutral 50 point mark for the first time since January 2013, with confidence in both the sea freight and airfreight markets plummeting. The Logistics Situation for airfreight was especially bad, declining by 3.2 points to 45.7. The same trends that influenced last month's decline are persisting, with weak emerging market growth, China's financial crisis, and the Chinese shift towards domestic consumption all influencing the trajectory of the index.
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