Lufthansa Cargo is reorganizing its charter business. As of April 1, the carrier's charter activities, previously overseen by the Lufthansa Cargo Charter Agency subsidiary, will be integrated into the line organization of Lufthansa Cargo.
In 2013, IATA expects cargo demand to grow by 2.7 percent and cargo yields to be flat - an improvement over the last two years, which has seen cargo demand and yields decline.
Saudia Airlines Cargo Co. has increased frequencies to West Africa from Dubai World Central, under a renewed business relationship with Fast Forward Cargo.
Researchers at the University of Louisville, Ken. have created the Logistics and Distribution (LoDI) Index, a national economic indicator that is intended to help businesses monitor the health of markets and guide their investment decisions.
DB Schenker Logistics has increased the number of its service locations with Qualified Envirotainer Provider (QEP) accreditation, geared toward serving the pharmaceutical and chemical industries.
Keppel Logistics Pte Ltd. (Keppel Logistics), a wholly-owned subsidiary of Keppel Telecommunications & Transportation Ltd, (Keppel T&T), has leased a two-hectare site for 30 years from JTC Corporation to develop an air logistics hub in the eastern part of Singapore.
Statistics show a stabilization of airfreight markets on the back of encouraging growth towards the end of 2012. Compared to the previous year, the International Air Transport Association's (IATA) latest global airfreight demand statistics show demand for airfreight was "apparently very strong" at the start of this January with a rise of 5.0 percent.
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