Post Tagged with: "Brexit"

China-UK railroad corridor spells trouble for airfreight

China-UK railroad corridor spells trouble for airfreight

January 18, 2017 at 6:59 pm 0 comments

The first container train from China reached the U.K. today, arriving at the London Eurohub in Barking. Completed in 18 days, the rail transit connection threatens to disrupt China-Europe supply chains, with airfreight appearing especially vulnerable. The 10,000- to 12,000-kilometer transit takes 12 to 18 days, depending on the routeRead More

Mauritius heads off Brexit downturn with airfreight rebates

Mauritius heads off Brexit downturn with airfreight rebates

January 9, 2017 at 6:59 pm 0 comments

When Great Britain voted to break away from the European Union, many knew the “Brexit” would have far-reaching effects on the world economy – but perhaps not quite this far. The tiny island nation of Mauritius, for example, said it will launch an airfreight rebate program, called the “Speed-to-Market Scheme”Read More

EU Airports on track for strong 2016

EU Airports on track for strong 2016

December 13, 2016 at 6:45 pm 0 comments

EU air cargo volumes remained buoyant into the month of November, with exceptions such as Frankfurt reflecting a pilot’s strike, rather than long-term downturns. In the UK, Heathrow’s cargo volumes rose 4.4 percent year-on-year (y-o-y) making it Britain’s largest port, with almost 30 percent of UK exports by value. HeathrowRead More

Tough market pressure lowers IAG Q3 operating profit

Tough market pressure lowers IAG Q3 operating profit

October 28, 2016 at 5:34 pm 0 comments

For the last three months, IAG Cargo saw cargo tonne kilometers rise 5.4 percent, year-over-year, to 1.3 billion, while total tonnes of cargo carried fell 18.8 percent, y-o-y, suggesting that the carrier flew less volume longer distances. This, and other factors, led to a third-quarter decline in operating profits ofRead More

Expand Heathrow or lose business, FTA warns, as decision looms

Expand Heathrow or lose business, FTA warns, as decision looms

October 19, 2016 at 5:36 pm 0 comments

Great Britain will lose airfreight and other related business to the European Union if it fails to remain “connected with its world markets through a global hub,” the U.K. freight advocacy group Freight Transport Association (FTA) warned. Translation: Make a choice between expanding Heathrow or Gatwick, post-haste. “In a post-BrexitRead More

U.K., China clear unlimited cargo flights

U.K., China clear unlimited cargo flights

October 18, 2016 at 5:11 pm 0 comments

An agreement last week to remove limits on the number of cargo flights between the United Kingdom and China is an encouraging signal that post-Brexit policy makers are serious about exploring, or expanding, trade routes outside of the Euro zone. Additional flights “will provide massive opportunities for our businesses, helpingRead More

U.K.-based carriers, airports search for Brexit signs

U.K.-based carriers, airports search for Brexit signs

August 2, 2016 at 5:59 pm 0 comments

Last month’s British vote to bow out of the European Union has unleashed political turmoil across the nation. In the logistics industry, responses to the “Brexit” have been less dramatic, but operators are bracing themselves for tough and uncertain times ahead. Initial reactions showed consternation and confusion in the faceRead More

Can London’s mayor break the airport expansion logjam?

Can London’s mayor break the airport expansion logjam?

July 29, 2016 at 5:33 pm 0 comments

Who says the Brits can’t make a decision on airport expansion? London’s new mayor, Sadiq Khan, who took office in May, has dropped his predecessor’s objections and approved the expansion of London City Airport. The airport has been granted planning permission for its $451.3 million expansion, allowing it to increaseRead More