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Global Logistics: Page 112

Energy Agency Expects Another Oil Surplus in 2017
The oil market risks running another surplus in 2017 without an output cut from OPEC, as producers around the globe ramp up supply and demand growth falters, the International Energy Agency said last week.
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China Air Group Approves All-Cargo Carrier, Another to Follow
The Civil Aviation Administration of China (CAAC) said it would grant an air operator's certificate (AOC) to Guangzhou-based China Air Cargo Corporation, unless there was a credible objection by November 18.
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Cargo Owners in Flight to Safety After Hanjin Collapse, Shipping Lines Say
Cargo owners are becoming more concerned about risks and are shifting their business to shipping lines deemed more financially stable after the collapse of South Korea's Hanjin Shipping Co Ltd, top shipping executives said.
IAG Cargo Launches New Routes to North America
IAG Cargo has announced the launch of two new London Gatwick routes to North America - bringing the total number of IAG Cargo-operated U.S. gateways to 25 in Summer 2017. A Fort Lauderdale service is due to launch in March 2017 and will operate four times a week, and an Oakland flight will also launch in March 2017 on a three-per-week basis.
Top 40 Cargo Airports Provide Glimpses of Future Growth
Sometimes all it takes is a shift in strategy from a single carrier to make an impact on airport freight traffic. Qatar Airways Cargo, for instance, has been ramping up its airfreight routes for the last couple of years, seeking more high-value cargo, such as pharmaceuticals, and forming joint ventures with other airlines, such as IAG. Qatar achieved such growth via "fleet and network expansion, innovation in our technology, creative interline agreements and by deploying capacity on expanding or untapped markets," said Ulrich Ogiermann, the carrier's chief cargo officer.
Report: New Low in Sea Trade Growth
Seaborne shipments passed 10 billion tons for the first time ever in 2015, up 2.1 percent from 9.8 billion tons the year before - the slowest pace of growth in the industry since 2009, according to the UNCTAD Review of Maritime Transport 2016. The report says future growth looks uncertain.
Cathay Pacific Launches Freighter Service to Portland, Oregon
Cathay Pacific Airways has launched a twice-weekly freighter service to Portland International Airport (PDX) - the Hong Kong-based airline's 18th cargo station in the Americas. The service runs every Thursday and Saturday, Cathay Pacific says, using its newest and biggest freighter, the Boeing 747-8F.
Forecast Says 1.4m New Industrial Robots by 2019
The EU is frontrunner in the world's robotic race, but by 2019 China will have taken over, according to the latest forecast from the International Federation of Robots. More than 1.4 million new industrial robots will be installed in factories around the world by 2019.
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How East Coast Ports Are Getting 'Big-Ship Ready'
It takes a big port to handle a big ship. Can East Coast ports meet the challenge of handling the new generation of mega-container vessels?
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Boeing Sees E-Commerce, Express Services Driving Air Cargo Traffic
Boeing Commercial Airplanes has issued a 20-year outlook for global air-cargo traffic, calling for a consolidated annual growth rate of 4.2 percent in volume (evaluated in metric tonnage), and saying this increase will result in significant demand for new and converted cargo jets needed to meet market demand by 2035.
Shell Says Demand for Oil Could Peak in 5 Years
Royal Dutch Shell Plc, the world's second-biggest oil company by market value, thinks demand for oil could peak in as little as five years. Demand will peak before supply, says chief financial officer Simon Henry, and that peak will be driven by efficiency and substitution, more than offsetting the new demand for transport.
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Pollution Accord Is Set for Global Flights, But Tasks Remain
The great and the good of world aviation gathered in Montreal last month to do something that seemed impossible even a couple of years ago. They agreed to cap greenhouse gas emissions from international flights. The pact - the first climate change agreement to apply worldwide to a specific sector, one that produces the equivalent annual carbon dioxide output as that of Germany - was greeted with almost universal support.
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