The International Air Transport Association (IATA) says the international freight decline of 2.3 percent in the first three months of 2013, on a 0.3 percent drop in capacity, is a "temporary stall".
A report by Transport Intelligence entitled Global Transport and Logistics Financial Analysis 2013 reveals the winners and losers in the global logistics industry over what has been a tempestuous six-year period.
Extra Logistics LLC, an international provider of logistics and freight-forwarding services, has launched Web-based ocean and air-freight booking services.
The Stifel Logistics Confidence Index continued its downward trend in May as it fell for the second consecutive month. Compiled by Transport Intelligence, the overall index, which combines the current situation with future expectations, was down 0.8 points from April to 50.7 in May and was 1.3 points lower compared with the same month in 2012. Yet, even with deteriorating confidence, the Logistics Confidence Index registered above the 50 threshold, indicating growth, for the fourth consecutive month. An index value of 50 indicates no change in the volumes currently being experienced for the time of year; above 50 indicates higher volumes, while below 50 indicates lower volumes.
The first full-service carrier to move to Dubai World Central (DWC), the emirate's new airport, will likely begin operations during the summer of 2014, according to Dubai Airports CEO Paul Griffiths.
Delta Air Lines is employing radio frequency identification technology to improve the visibility of oxygen generators installed within its aircraft in an effort reduce the amount of waste associated with discarding generators, as well as the time required to check the devices' expiration dates.
Airfreight reliability and security took another step forward with the news that American Airlines Cargo will begin offering a one-time use program with FlightSafe, a leading GPS and sensor-based tracking device for air cargo shipments.