IATA says the global air cargo market shrank by 1.5 percent in 2012, a second successive year of decline following a 0.6 percent contraction in 2011. Freight capacity was almost unchanged, growing by 0.2 percent over the year, but the load factor was just 45.2 percent. But the industry is guardedly optimistic cargo will pick up.
The freighter division of Emirates boosts its total cargo capacity and dedicated freighter network with the addition of three new Boeing 777F aircraft. The additions take SkyCargo's freighter fleet to 10 aircraft and its dedicated freighter network to 12 destinations. A fourth Boeing 777F freighter will join the fleet in March.
Shorter supply chains resulting from near-shoring could have an impact on future airfreight volumes, if new research from logistics provider BDP International proves to be an accurate indicator.
Airfreight rates slipped in December as the trade returned to business-as-usual following the volume boost of earlier new technology product launches, according to Drewry's new monthly report Sea + Air Shipper Insight.
Lufthansa says it's ready with cargo flights between Frankfurt and Guadalajara. Wolfgang Will, director general for Mexico and Central America for the German airline, said the new flights are part of the airline's plans due to the increase in demand in the Mexican market.
The Stifel Nicolaus Logistics Confidence Index suggests that while the current market remains weak, the outlook for this year is increasingly positive.
A few weeks back I referenced the work of Robert J. Gordon, an economist and professor at Northwestern University. In a paper published last September for the Centre for Economic Research, he laid out the history of the first three industrial revolutions. And he asked whether a fourth, supposedly driven by the internet and other advances in information technology, could come anywhere near its predecessors in terms of productivity improvements.
A new industry body has been formed to represent the independent freight-forwarding sector, with creation of the Elite Association of Logistics Networks.
There is a growing mismatch between the performance of the passenger and cargo sides of the airline business, IATA has revealed. A 5.3-percent growth in passenger numbers in 2012, with a 3-percent improvement in yield, contrasts sharply with the 2-percent fall in both freight tonne-kilometers and cargo yield.
The UK government will defer a decision on whether to include international aviation and shipping emissions in carbon budgets until the setting of the fifth carbon budget in 2016, by which point there should be more clarity on how aviation emissions will be tackled at an EU and global level.
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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