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Air Cargo: Page 85

North American Freight Volumes Declined 1.1 Percent in August

North American freight volumes continued to drop off, and on a year-over-year basis, shipment volumes were down 1.1 percent from last August. This is the third time this year freight shipments have fallen below the level for the same month in 2011. Freight volumes grew 9.9 percent during the first half of the year, but after two months of consecutive contraction, the annual growth has fallen to 8.0 percent.

FedEx, Aeromexico and Etihad Top This Week's Air Cargo News

FedEx is changing its aircraft on the route between Memphis and Queretaro, Mexico to a Boeing 757-200 and will operate five times weekly, increasing its capacity in the market by 50 percent. Jorge Torres, recently named president of FedEx in Mexico, stated: "The decision to increase our cargo capacity is in response to our strategy to become a real business partner with the business in the region, offering competitive services at very reasonable prices ... The decision to increase our cargo capacity responds to our strategy of listening to our clients and their solicitation in a quick way."

Production of Freighters to Double by 2031, Airbus Forecasts

In the most recent Global Market Forecast from Airbus, the European aircraft manufacturer projected that the global aviation sector will generate a demand for 3,000 freighters by 2031. This figure, which represents a near doubling of the global freighter fleet, will be propelled by increased urbanization and economic growth in emerging regions, according to Airbus.

Despite Some Bright Spots, Airfreight Industry Year Over Year Was Down Overall in July

Despite Middle Eastern carriers recording a 16-percent, year-over-year, increase in freight demand in July, global cargo markets shrunk 3.2 percent, year-over-year, according to International Air Transport Association statistics. IATA partially attributed this decline to a comparison with a "relatively strong" July 2011, but said global trade growth is still sluggish.

A New Generation of Airships for Cargo Transport

Barry Prentice, professor of supply chain management at the University of Manitoba, believes that airships will play a key role in the movement of cargo in the years ahead. Here's why.

Despite Airfreight Doldrums in Asia, New Cargo Airline Begins Operations in China

Six months after the Civil Aviation Administration of China gave CDI Cargo Airlines the green light to launch operations, the carrier has commenced B737-300 service from its Hangzhou Xiaoshan International Airport hub to Changchun, via Qingdao. And although Asian cargo has been rather sluggish lately, CDI Cargo's Alex Zhang feels that the carrier is poised for success.

Analysis of the 23rd Annual State of Logistics Report

The logistics sector in 2011 was characterized by flat freight volume and higher rates, says Rosalyn Wilson, senior business analyst at Delcan, who researches and writes the annual State of Logistics report. The report is underwritten by the Council of Supply Chain Management Professionals and Penske Logistics.

Air Canada Outsources ULD Supply and Management to CHEP Aerospace Solutions

Air Canada, a founding member of Star Alliance and Canada's largest full-service airline, has selected CHEP Aerospace Solutions to supply and manage its fleet of unit load devices, or ULDs.

Game Changer for Global 3PL Industry?

A new air ship capable of vertical takeoffs and landings and with a 66-ton cargo capacity could be a game-changer in the 3PL industry, says Shenny Yao, vice president, Washington, DC operations, Worldwide Aeros, developer of the Aeroscraft, a rigid variable buoyancy air vehicle.

Damco Reports Airfreight Volumes Soar

Damco's airfreight sector saw exponential growth in the first half of 2012, with volumes rising 135 percent, year-over-year.

Ban on Night-Time Flights at Least Partly to Blame for Slide in Cargo Volume at Frankfurt Airport

Cargo volumes dropped steadily at Frankfurt Airport during the first half of 2012, Fraport Group traffic figures show. In addition to recording a 9.9-percent, year-over-year, drop in domestic freight volumes, the airport saw an overall tonnage stall of 9 percent from the first six months of 2011. The declines were "strengthened" by the night-flight ban imposed last fall.

Bucking State of the Industry, Saudi Airlines Reports Impressive Growth in Cargo

In the first half of 2012, amid strife and turmoil across much of the industry, Saudi Airlines Cargo carried 251,500 tonnes of cargo. The number is a 26-percent, year-over-year, increase in activity. Cargo revenue rose 25 percent, year-over-year, during the first six months of 2012.

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