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Elon Musk sets sights on streamlining supply chain

Elon Musk sets sights on streamlining supply chain

February 28, 2017 at 7:46 pm 0 comments

There could be more supply chain consolidation in the future for car maker Tesla Inc. It’s no secret that Tesla is a fan of vertical integration — with its acquisition of Solar City and building of the Tesla Gigawatt Factory as just a few examples of supply chain consolidation. And Tesla’sRead More

multilateral e-awb agreement

e-AWB penetration rate dips as shippers call for more digitization

February 28, 2017 at 6:59 pm 0 comments

While the newly formed Shippers’ Advisory Committee, created last year by the International Air Cargo Association (TIACA), today released a position paper calling for greater transparency and digitization of the global supply chain, the International Air Transport Association (IATA) recently reported that the penetration rate for its electronic air waybillRead More

Aviance Ghana goes live with Kale’s Galaxy air cargo management system

Aviance Ghana goes live with Kale’s Galaxy air cargo management system

February 28, 2017 at 6:34 pm 0 comments

Ground handler Aviance Ghana has implemented a new air cargo management system from Kale, called Galaxy, for operations at Kotoka International Airport (KIA). The system tracks movement and storage of cargo at the airport’s warehouses and manages the transactions with electronic data interchange (EDI) messaging, auto billing, tracking and reporting.Read More

ABX Air pilots, ATSG reach compensatory time off agreement

ABX Air pilots, ATSG reach compensatory time off agreement

February 28, 2017 at 6:30 pm 0 comments

Pilots for Air Transport Services Group (ATSG) subsidiary ABX Air have reached a settlement with the carrier that returns the pilots’ right to take compensatory time off for days in which they are forced to work to cover flights due to staffing shortages. The resolution ends a simmering labor disagreementRead More

Air France-KLM to merge cargo figures with overall financial results

Air France-KLM to merge cargo figures with overall financial results

February 27, 2017 at 6:58 pm 0 comments

Following years of heavy airfreight losses, Air France-KLM’s cargo sector results will be reported within its overall financial reporting. The accounting decision will take the struggling cargo arm out of the public eye. “It has been decided to change the cargo reporting as per fiscal year 2017 based on contributionRead More

Asia-Pacific air cargo markets start 2017 on strong footing

Asia-Pacific air cargo markets start 2017 on strong footing

February 27, 2017 at 6:48 pm 0 comments

Preliminary January traffic figures from the Association of Asia Pacific Airlines (AAPA) showed strong traffic volumes in both international air passenger and air cargo markets. International air cargo demand, measured in freight tonne kilometers (FTK), grew by 4.7 percent. Offered freight capacity expanded by 3.8 percent, resulting in a 0.5Read More

Freightos launches ‘FIFI’ aggregated shipping rates index

Freightos launches ‘FIFI’ aggregated shipping rates index

February 27, 2017 at 6:45 pm 0 comments

For those interested in finding a snapshot of global freight pricing from week to week, it’s time to meet FIFI.  Online freight marketplace Freightos has launched its Freightos International Freight Index (FIFI), a database of more than 250 million price points updated weekly, covering container pricing, price ranges on keyRead More

Volume up, dollars down as IAG faces ‘challenging market conditions’

Volume up, dollars down as IAG faces ‘challenging market conditions’

February 24, 2017 at 6:45 pm 0 comments

IAG Cargo’s 2016 full-year results out today show commercial revenue down 6.6 percent to €1.022 billion. “These are resilient results in the face of challenging market conditions,” said Drew Crawley, CEO at IAG Cargo. “Growing supply from freighter and new-generation passenger fleets have continued to outstrip flat demand for generalRead More