Starting with the latest numbers from IATA, which wrap up the reporting on November's performance, the upward trend in air cargo has been confirmed once again. Global airfreight markets registered high demand, measured in freight tonne kilometers (FTKs), that rose by 6.8 percent in November 2016, compared to the same month in the previous year.
Starting April 4, 2017, American Airlines will begin daily, nonstop widebody service between San Juan Luis Muñoz Marín Airport (SJU) and Philadelphia International Airport (PHL), home of American Airlines Cargo's 25,000-square-foot pharmaceutical facility, the airline announced. The daily Airbus A330-200 widebody route will be in addition to the current two daily narrow-body flights.
Airbus is expecting a smoother flow of aircraft production in 2017, the plane maker's chief executive says, after the company reported a record number of deliveries in December.
Singapore-based offshore services company Vallianz has closed its repair and maintenance shipyard in Singapore, and the move will soon be followed by another closure in the region when Hyundai Heavy Industries closes its Gunsan yard.
UPS has bought into the European truckload brokerage sector with purchase of Freightex, a U.K.-based provider of truckload, less-than-truckload, specialized and refrigerated over-the-road services.
Businesses need and want predictability - particularly when it comes to government regulations. So the fact that the International Civil Aviation Organization (ICAO) updates its Technical Instructions for the Safe Transport of Dangerous Goods every two years is both a blessing and a curse. A blessing because industry knows the changes that are coming, and a curse because there are changes coming.
Imports at the nation's major retail container ports saw an unexpected increase during the industry's busy holiday season, according to the monthly Global Port Tracker report released this week by the National Retail Federation and Hackett Associates.
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