In the most recent Global Market Forecast from Airbus, the European aircraft manufacturer projected that the global aviation sector will generate a demand for 3,000 freighters by 2031. This figure, which represents a near doubling of the global freighter fleet, will be propelled by increased urbanization and economic growth in emerging regions, according to Airbus.
Despite Middle Eastern carriers recording a 16-percent, year-over-year, increase in freight demand in July, global cargo markets shrunk 3.2 percent, year-over-year, according to International Air Transport Association statistics. IATA partially attributed this decline to a comparison with a "relatively strong" July 2011, but said global trade growth is still sluggish.
Barry Prentice, professor of supply chain management at the University of Manitoba, believes that airships will play a key role in the movement of cargo in the years ahead. Here's why.
Six months after the Civil Aviation Administration of China gave CDI Cargo Airlines the green light to launch operations, the carrier has commenced B737-300 service from its Hangzhou Xiaoshan International Airport hub to Changchun, via Qingdao. And although Asian cargo has been rather sluggish lately, CDI Cargo's Alex Zhang feels that the carrier is poised for success.
The logistics sector in 2011 was characterized by flat freight volume and higher rates, says Rosalyn Wilson, senior business analyst at Delcan, who researches and writes the annual State of Logistics report. The report is underwritten by the Council of Supply Chain Management Professionals and Penske Logistics.
Air Canada, a founding member of Star Alliance and Canada's largest full-service airline, has selected CHEP Aerospace Solutions to supply and manage its fleet of unit load devices, or ULDs.
A new air ship capable of vertical takeoffs and landings and with a 66-ton cargo capacity could be a game-changer in the 3PL industry, says Shenny Yao, vice president, Washington, DC operations, Worldwide Aeros, developer of the Aeroscraft, a rigid variable buoyancy air vehicle.
Cargo volumes dropped steadily at Frankfurt Airport during the first half of 2012, Fraport Group traffic figures show. In addition to recording a 9.9-percent, year-over-year, drop in domestic freight volumes, the airport saw an overall tonnage stall of 9 percent from the first six months of 2011. The declines were "strengthened" by the night-flight ban imposed last fall.
In the first half of 2012, amid strife and turmoil across much of the industry, Saudi Airlines Cargo carried 251,500 tonnes of cargo. The number is a 26-percent, year-over-year, increase in activity. Cargo revenue rose 25 percent, year-over-year, during the first six months of 2012.
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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