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Air Cargo: Page 61
Increase in Airfreight Volume Is Good News for Freight Forwarders
The Stifel Logistics Confidence Index released in May reports the airfreight index increased 2.5 points to 59.5 in May, 3.8 points higher than May 2014 and 10.6 points more than May 2013. This should be good news for air forwarders as they move through the year.
IAG Cargo Adds Route from Heathrow to Kuala Lumpur
IAG Cargo has opened a new airfreight route between London Heathrow and Kuala Lumpur.
DB Schenker Launches Weekly Air Cargo Service
The jet cargo division of DB Schenker has launched a weekly air-cargo service linking Hong Kong with Chicago and Houston.
Saudia Cargo Adds Paris to Freight Network
Saudi Airlines Cargo is launching a new, dedicated freighter service to Paris/Charles de Gaulle international airport.
The Controversy Over Shipping Lithium Batteries by Air
Lithium ion batteries are found in countless high-tech products – laptops, medical devices, security systems, disaster relief equipment and weather monitors, to name just a few. But are they too dangerous to ride on airplanes?
Why Is Air Cargo World Taking So Long to Adopt Electronic Air Waybills Across the Industry
The global usage of electronic air waybills (e-AWBs) stood, at the end of February, at 26.9 percent, up 2 percent from January. And IATA is confident that the industry can reach its 2015 target of 45 percent by the end of this year.
DHL Deploys Helicopters for Deliveries in Downtown Chicago
DHL is now utilizing helicopters to deliver letters and packages of up to 650 pounds in downtown Chicago.
Accenture Builds Enhanced Capabilities Into Its Air Cargo Suite Software
Accenture released a new version of its Air Cargo Suite software with advanced capabilities that can help carriers become more flexible, competitive and efficient through streamlined operations and data integration. The entire suite is now also available for delivery as a service, enabling carriers of all sizes to take advantage of a robust cargo management solution while retaining the agility and cost benefits of SaaS.
Airfreight Industry Sees Modest Year-Over-Year Growth in March
The International Air Transport Association (IATA) released data for global airfreight markets, showing a modest 1.6 percent rise in volumes in March compared to a year ago, measured in freight tonne kilometers.
Airfreight Theft in EMEA Region Valued at $80M in 2014
In 2014, losses in Europe, the Middle East and Africa as a result of cargo theft totaled $80m, according to the Transported Asset Protection Association. TAPA reported an average of three major cargo crimes occurred each day in 2014, targeting high-value, easy-to-steal goods in the supply chain, with an average loss of $221,000 each day.
FedEx, TNT Hope Their Merger Plan Won't See Return of Antitrust Problems That Sank UPS Deal
As FedEx and TNT Express work out the details of their planned €4.4 billion merger, echoes of a similar deal between UPS and TNT that was doomed in 2013 were instantly brought to mind. But this time around, both FedEx and TNT believe the antitrust concerns of two years ago will not play a major role in the European Union's judgment of the acquisition.
AirBridgeCargo Airlines Adds L.A., Vietnam to Freighter Network
AirBridgeCargo Airlines has added points to its freighter network. It is now offering twice-weekly flights to Los Angeles as part of its North America freighter service, linking the U.S. West Coast with its global network.
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