Airfreight rates from Asia to North America and Europe are expected to rise through to the end of the year following four months of stable pricing, according to the recently expanded Sea & Air Shipper Insight report published by shipping consultancy Drewry.
Even in the worst-case scenario, there will be a rising demand for freighter aircraft over the next 20 years, according to the most recent forecast by Seattle's Air Cargo Management Group (ACMG).
In Stanley Kubrick's Cold War black comedy "Dr. Strangelove," the Soviets have developed a devastating "Doomsday Device," to be triggered by a nuclear attack on the U.S.S.R. It's supposed to act as a deterrent, but has been kept a secret. Asks an exasperated American president of the Russian ambassador: "Why didn't you tell the world?" To which the ambassador replies: "The Premier loves surprises."
Volumes are expected to be robust among Europe's freight forwarders through next month, according to Danske Bank's latest European Freight Forwarding Index report for September 2014.
Nik Delmeire, the newly appointed secretary general of the European Shippers' Council (ESC), has said it is time for businesses to measure, monitor and reduce emissions by freight transport. At the same time, the new European Commission should reduce existing trade barriers in the European Union. "Together these innovations can spur economic growth and create jobs," says Delmeire.
The Allied Products division of W&H Systems Inc., an integrator of material-handling systems, has created a new electronic-commerce website at WHEquip.com.
The latest news, analysis, services and systems regarding global logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods faster and farther around the world than ever before through global logistics solutions. New technologies that provide information during global shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As transportation and distribution services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using global logistics solutions to power their supply chains.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.