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.
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.
Dutch market research firm WorldACD has released strong monthly results for late 2016, calling the most recent peak season the most robust since 2009. November U.S.-dollar yields improved by 3.9 percent over the previous month while volumes increased by 6.9 percent, year-over-year (y-o-y), WorldACD reported.
The more connected you are with the world, the greater your ability to engage in trade - by a factor of 6 to 1. Those are the findings of a recent study released by The International Air Transport Association (IATA), which made a quantitative link between a country's air cargo connectivity and global trade.
As it continues infrastructure upgrades, Miami International Airport (MIA) has announced further growth in its freighter service with the addition of two weekly roundtrip flights on a triangular route between MIA, Mexico City and Mérida via AeroUnion.
Shenyang Airport sees promising potential in northeastern China, not far from the border with North Korea. In September, Hong Kong Air Cargo Terminals Ltd. (Hactl) subsidiary Hactl Development Holdings signed a strategic cooperation framework agreement with Liaoning Airport Management Group, owner of Shenyang Taoxian International Airport, in what both parties described as "a first step in developing the airport as a major regional hub."
Half a decade after American Airlines filed for bankruptcy and workers were forced to take massive cuts to keep their positions, many U.S.-based airlines are posting record profits. The turn in fortunes is now turning up the heat on carriers to heed the demands of workers seeking compensatory treatment after years of sacrifice. One by one, carriers seem to be responding.
American Airlines announced the launch of a 787-9 service between Dallas/Fort Worth (DFW) and Madrid Barajas (MAD) in Spain. The widebody jet provides capacity for up to 36 LD3 positions, or 12 pallets.
The rise of 3D printing doesn't spell serious trouble for mass-production, but spare-parts logistics may potentially transform the supply chain, according to the latest DHL trend report: "3D Printing and the Future of Supply Chains." Instead, the DHL study said it anticipates that 3D printing will fulfill a "complementary" role to manufacturing, as it grows to an estimated $490bn by 2025.