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Air Cargo: Page 46

Unisys, CSIRO Partnering on Threat Analytics for Cargo Security

IT and software company Unisys Corp. announced that it will partner with Australia's government-backed Commonwealth Scientific and Industrial Research Organisation (CSIRO), to develop software and technology that can analyze massive sets of data to identify risks posed by both passengers and cargo.

Freightos Launches 'FIFI' Aggregated Shipping Rates Index

For those interested in finding a snapshot of global freight pricing from week to week: Meet FIFI. Online freight marketplace Freightos has launched its Freightos International Freight Index (FIFI), a database of more than 250 million price points updated weekly, covering container pricing, price ranges on key lanes, historical pricing and volatility, and the ability to instantly estimate pricing on specific routes.

After Weak Demand, Global Airfreight Market to Take Off

Analyst Insight: International and domestic air cargo transportation services have shown tepid signs of recovery in the years following the recession, with estimated average price growth of only 0.2 percent and 0.3 percent each year from 2013 to 2016, respectively. While weak demand growth for shipping services and falling capacity utilization have cut into revenue and profit margins for the market's suppliers, the outlook for airfreight carriers is not quite as bleak as it is for other global shippers. - Ashley Cruz, Procurement Research Analyst, IBISWorld Inc.

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Edible Drone to Offer Aid in Disaster Zones

A U.K. company has developed a lightweight edible drone that could deliver life-saving supplies to remote areas in times of disaster or conflict.

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Air Cargo Group Woos Millennials With 'Industry Immersion' Program

Millennials aren't flocking to the logistics business, prompting The International Air Cargo Association (TIACA) to back a program of visits aimed at improving collaboration across the air cargo supply chain.

UPS Tests Drone Deliveries, Eyes Future Price Changes

Package delivery company United Parcel Service Inc says it will consider raising prices across the board in coming years to offset pressure on margins, particularly from the rising costs of delivering packages to e-commerce customers.

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Dallas Fort Worth Airport to Open New Cold Chain Facility

Dallas Fort Worth International Airport (DFW) has announced plans to build a 37,000-square-foot cold chain facility to be operated by AirLogistix USA. The airport says it expects the facility to come online this summer.

Amazon to Move Prime Air Hub to Cincinnati

When Amazon announced last year that it was entering directly into the air logistics business with the launch of Prime Air, the airfreight world knew that it had to prepare for bold moves by a deep-pocketed company with a passion for innovation. Now, the Seattle-based online retail giant has announced the shift of its current air hub from Wilmington Airpark (ILN) in Ohio to the Cincinnati/Northern Kentucky Airport (CVG) this spring, hinting at a possibly vast expansion of Amazon's e-commerce air service.

FedEx Pushes for Infrastructure Fix as Trump Weighs Investment

The growth of e-commerce is putting enormous new demands on U.S. highways, airports and other infrastructure, which must be modernized with sustainable funding, FedEx Corp. Chairman and Chief Executive Frederick Smith said.

Asia-Pacific Airlines See Cargo Rebound in Late 2016

Preliminary airfreight figures for 2016 from the Association of Asia Pacific Airlines (AAPA) reaffirmed continued strength in the second half of the year, after a weak start.

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Airfreight Prices Fell in December, Despite Strong 2016 Closeout

Despite a strong finish of 2016 at airports, and reports of high volumes through December, airfreight rates fell $0.21, year-over-year, to $3.14 per kilogram in the month, according to Drewry's latest East West Airfreight Price Index report.

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Airbus To Develop 'Flying Car' To Carry Cargo

European aerospace giant Airbus has unveiled plans to develop a "flying car" to function as an aerial taxi and carry cargo.

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