The International Air Transport Association (IATA) released January performance data showing a strong rise in airfreight growth compared to a year ago. Global freight tonne kilometers (FTKs) rose 4.5 percent in January compared to January 2013. This is a significant acceleration on the 2.2 percent year-on-year growth rate recorded in December, and is well above the 1.4 percent full-year growth reported for 2013 as compared to 2012.
Champ Cargosystems, a provider of integrated air-cargo services, has launched an airfreight community platform. Dubbed CargoUpdate, the tool was designed to enhance communications between airlines and freight forwarders.
Analyst Insight: Best-in-class companies are evolving to meet their customers' needs by reverse engineering their supply chains to align with overall sales strategies and customer desires. This process involves integrating and working various verticals within a company in order to achieve the desired outcome. Supply chain professionals are taking a different look at their companies' operations through the lens of customers' perspectives and expectations, and organizing the supply chains around those focal points. - Rodrigo Cambiaghi, Principal, Ernst & Young LLP and EY US Leader for E2E Supply Chain practice; and Dieter Bölzing, Principal, Ernst & Young LLP and EY Supply Chain Strategy & Planning, EMEIA
Newgistics Inc., a provider of electronic-commerce software and systems for retailers and brands, has entered into a partnership with ShipStation, a Web-based shipping service for online merchants.
Saudi Airlines Cargo is increasing belly capacity on new international routes, with the commencement of passenger flights from Manchester, U.K. to Los Angeles by Saudia Arabian Airlines.
Analyst Insight: Both the public and private sectors in China are taking bold steps to respond to challenges of the new consumption-driven economy. Government measures, though stuck at a policy level in many cases, are addressing the right issues. At the same time, domestic companies are rising up to meet new demands. In 2014, China will see big changes in its core logistics and manufacturing industries. Some of the top areas seeing change include domestic transportation, distribution, import and export, as well as sourcing. - Jim Serstad, Managing Director Asia, Tompkins International
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.
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