Echoing the mid-year reports from several other aviation groups, Airports Council International (ACI) said air cargo tonnage was flat for the first five months of 2016, rising just 0.6 percent in May, year-over-year, and 0.2 percent, y-o-y, over the period of January to May 2015. Passenger traffic, however, was a different story, increasing by 4.6 percent, y-o-y in May.
Forget playing the blame game, the fraught implementation of container weighing rules came down to the fact that the container shipping industry has no single trusted information source.
As the thaw continues between the United States and Cuba, the U.S. Department of Transportation has granted FedEx the rights to operate a five-times-weekly freighter service between Miami and the city of Matanzas.
For those in dry bulk shipping, the market since the beginning of 2014 has been the worst downturn since the mid-eighties. Access to finance and liquidity will likely continue to be a pressing corporate issue for ship owners until the markets recover, and the longer this takes the worse the situation will get.
Progistics Distribution, a provider of "last-mile" distribution and logistics services, has launched eDemand, a web application that provides businesses with same-day and on-demand delivery within a 200-mile radius of major metropolitan areas served by Progistics.
The Association of Bulk Terminal Operators (ABTO) has been established to provide a voice for bulk terminal operators at a national and international level.
Air cargo executives are notably less optimistic about their economic prospects for the year ahead, compared to the same time last year, according to IATA's July 2016 Business Confidence Index.
Airbus has drastically drawn down the number of dedicated freighters it anticipates being in service 20 years hence, according to its recently released "Global Market Forecast, 2016-2035." The disparity is remarkable, both in terms of number of aircraft and the shift in the market that it signals over the next two decades.
Import cargo volume at the nation's major retail container ports should see a small-but-significant increase this month as merchants stock up for the back-to-school season, then see a larger wave in late summer and fall for the holiday shopping season, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
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