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Air Cargo: Page 58

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.

American Airlines Cargo Adds Global Leasing Option

American Airlines Cargo has developed a new leasing program for the temperature-controlled unit load device known as CSafe Global RKN. The high-tech units are capable of maintaining a temperature of four to 25 degrees Celsius through long flights and extended hold times.

DHL Adds Boeing 767 Cargo Service in Detroit

DHL has added a flight for U.S. importers and exporters based in Michigan.

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Yusen Logistics Opens Pharma Airfreight Gateway at Schiphol

Yusen Logistics has opened a dedicated Pharma Gateway at Amsterdam Airport Schiphol in the Netherlands.

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DHL Rolls Out 767 Service Between Cincinnati Hub and Detroit

DHL says its new run to Detroit's Metropolitan Airport enhances service for U.S. importers and exporters based in Michigan.

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For Many, Silk (Rail) Road Is Attractive Alternative to Airfreight

Today, the Silk Road is just as active a trade route as it was 700 years ago, but there's a certain "back to the future" feel to the most recent projects linking Europe and China. The mode of choice being talked about now is not ocean or air cargo but rail freight.

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Will EU Permanently Ground FedEx-TNT Deal?

What seemed like a sure deal may not be a slam-dunk after all. Regulators in the European Union have said they may consider demanding concessions, including the selling off of some assets, with regard to the proposed takeover of TNT Express by FedEx Corp.

August's Air Cargo Statistics Portend Little Growth in Rest of 2015

As we head deeper into autumn and ever closer toward peak season, the airfreight traffic numbers for August provided some pockets of good news, but offered little encouragement that the current air cargo stagnation has abated. According to reports from the International Air Transport Association (IATA), WorldACD and Drewry, August 2015 provided only the slimmest of indications of hope for better performance at the end of the year.

Panama Linchpin in Caribbean's Role as Air Cargo Center

Upon mention of the Caribbean, most people think of idyllic white-sand beaches, Hollywood pirates, the magical sound of steel drums, a handsomely crafted rum cocktail. But the region ringed by Central America, the northern coast of South America and an arc of island nations stretching toward the tip of South Florida – is more than a picturesque vacation spot. It is becoming a key jumping-off point for cargo flights between the Americas and the rest of the world, including Europe, Africa and now the Middle East.

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