Market momentum for airfreight is carrying into the summer of 2017 - with rates across 21 major east-west trade lanes up by 1.1 percent, year-over-year, to reach $2.81 per kilogram, according to Drewry's latest East-West Airfreight Price Index.
Unprecedented heat waves could ground nearly a third of flights during the hottest days, forcing carriers to jettison cargo in order to take off, according to a recent study.
Think about the last three seafood dinners you've had. Let's say you ate fresh Coho salmon flown in from the Pacific Northwest, perhaps some tasty red snapper sourced from the Gulf of Mexico and some ahi tuna from Japan.
A proposed amendment in the United States Senate to a bill reauthorizing the U.S. Federal Aviation Administration partially eliminates training requirements that have contributed to the current national pilot shortage.
Airfreight is notorious for being one of most polluting modes of transportation, so news that Boeing and FedEx Express are teaming up to test fuel-saving technology is welcome news in an industry that has been slow to adapt.
The global air cargo rally picked up pace in May with traffic soaring 12.7 percent, up from an 8.7 percent year-on-year increase in April and more than three times higher than the five-year average growth rate of 3.8 percent, the International Air Transport Association (IATA) reported.
A new low-cost, digital seal has been developed for the CORE (Consistently Optimised REsilient Secure Global Supply-Chains) European Research Project by Dutch software company Itude Mobile.
Aviation group CAE has published its 10-year pilot demand outlook, and the civil aviation, defense and security, and healthcare training company is warning that the airline industry will need to produce 70 new type-rated pilots per day to meet global demand - a rate that many doubt will be possible given the current cost and time barriers to entry.
The multiple waves of cyber attacks that infected corporate and governmental servers across the globe last week reached the freight logistics industry, too. FedEx reported that worldwide operations for its subsidiary, TNT Express, have been "significantly affected due to the infiltration of an information system virus."
Not long before Don Holman's son Garrett died from an overdose in February, he learned his 20-year-old had his drugs delivered directly to their Virginia home in the mail, in packages from foreign countries.
The latest news, analysis, services and systems regarding air cargo and its impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods in a more timely and efficient manner than ever before through air cargo solutions. New technologies that provide information during air shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As air cargo services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using air cargo solutions to power their supply chains.
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