There was a small improvement in airfreight growth in October, according to the International Air Transport Association. Compared to October 2012, global freight tonne kilometers rose four percent, with growth in all regions except Africa.
The £800m Airport City scheme delivered a major boost as logistics firm DHL was unveiled as the first firm to be based there. The company will house 150 staff at a purpose-built site set to form part of a World Logistics Hub at the development.
Boeing projects that airlines in the Middle East will need nearly 100,000 new pilots and technicians to support the expanding demand for new airplane deliveries over the next two decades.
UK fund manager Scottish Widows Investment Partnership's Airport Industrial Property Unit Trust (AIPUT), a specialist owner and manager of airport-related and industrial warehouses, is launching a logistics unit at its Air Cargo Centre.
CaroTrans International, a global non-vessel operating common carrier and freight consolidator, has inaugurated direct less-than-containerload (LCL) export service from Los Angeles to Suva, Fiji.
