Just before its break, the U.S. Senate quickly and quietly passed the "European Union Emissions Trading Scheme Prohibition Act of 2011," the latest attempt to exempt American airlines from paying fees imposed by the European Union to cover the greenhouse gases their planes emit while flying to and from European airports.
The U.S. airfreight market generated revenues of $28bn in 2011, a 7.4 percent, year-over-year, increase. Although a seemingly positive development, this figure is on par with the revenues the industry recorded in the 2000-2001 financial year. Such statistics show that the U.S. - despite the domination of integrators FedEx and UPS - isn't immune to the sluggishness affecting the global airfreight market, a new study conducted by Air Cargo Management Group asserted.
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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