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Air Cargo: Page 78
Airfreight 'Weak' in First Quarter, But 2013 Expected to See Improvement
The International Air Transport Association (IATA) says the international freight decline of 2.3 percent in the first three months of 2013, on a 0.3 percent drop in capacity, is a "temporary stall".
Logistics Revenues Top Pre-recession Levels, But Profitability Lags, Report Says
A report by Transport Intelligence entitled Global Transport and Logistics Financial Analysis 2013 reveals the winners and losers in the global logistics industry over what has been a tempestuous six-year period.
Extra Logistics Launches Web-Based Booking for Ocean and Air Freight
Extra Logistics LLC, an international provider of logistics and freight-forwarding services, has launched Web-based ocean and air-freight booking services.
IAS Logistics Expanding to Los Angeles, Chicago and Miami
IAS Logistics Inc., a specialist in linking over-the-road and air-freight services, is expanding its Texas trucking operation.
Rickmers-Linie Adds Tenth Vessel to Round-the-World Service
Rickmers-Linie has added a tenth vessel to its eastbound Round-the-World Pearl String Service.
Stifel Logistics Confidence Index Stays Positive Despite Second Consecutive Decline
The Stifel Logistics Confidence Index continued its downward trend in May as it fell for the second consecutive month. Compiled by Transport Intelligence, the overall index, which combines the current situation with future expectations, was down 0.8 points from April to 50.7 in May and was 1.3 points lower compared with the same month in 2012. Yet, even with deteriorating confidence, the Logistics Confidence Index registered above the 50 threshold, indicating growth, for the fourth consecutive month. An index value of 50 indicates no change in the volumes currently being experienced for the time of year; above 50 indicates higher volumes, while below 50 indicates lower volumes.
Dubai World Forecasts Quick Growth at New Airport
The first full-service carrier to move to Dubai World Central (DWC), the emirate's new airport, will likely begin operations during the summer of 2014, according to Dubai Airports CEO Paul Griffiths.
RFID Helps Delta Air Lines Keep Track of Oxygen Generator Equipment
Delta Air Lines is employing radio frequency identification technology to improve the visibility of oxygen generators installed within its aircraft in an effort reduce the amount of waste associated with discarding generators, as well as the time required to check the devices' expiration dates.
Airfreight Industry to Benefit from Sensor-Based Tracking
Airfreight reliability and security took another step forward with the news that American Airlines Cargo will begin offering a one-time use program with FlightSafe, a leading GPS and sensor-based tracking device for air cargo shipments.
Virgin Atlantic Cargo Resumes Seasonal Flights to Chicago
Virgin Atlantic Cargo has resumed daily flights to Chicago, with the relaunch of seasonal services.
Despite Excess Capacity, Orders Continue for 'Ultra Large Container Vessels'
Attempts by carriers to tackle the capacity overhang are being undone as new orders for Ultra Large Container Vessels (ULCVs) continue to make the headlines, according to Drewry's monthly report, Sea & Air Shipper Insight.
DHL Invests $11.3m in End-of-Route Shared User Hub
DHL Supply Chain is investing $11.3m in a new end-of-route shared user hub at Heathrow. Scheduled to open in early 2014, the facility will offer airlines a turnkey solution for end-of-route return catering requirements on long haul flights.
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