Airports report weak start to 4Q with mixed October volumes

Preliminary results for October airport volumes worldwide are out, indicating continued market weakness across the globe. While air cargo holds out hope for volumes to stabilize, the start of this year’s fourth quarter is not as positive as many would have hoped due to continued global trade tensions and political uncertainty. Regions posted mixed results […]

Strategies for thriving in a volatile market [Podcast]

More year-over-year declines in airfreight traffic and cargo handles for October served to cap off a difficult 2019 for global logistics. However, plenty of opportunities are still available for those operators that can pinpoint creative solutions to recent challenges. In this episode of On Air with Air Cargo World, we spoke with Alexandra Kleinschmidt, Vice […]

Liège Airport advances cargo op digitalization with Alibaba Cloud’s Aviation Brain

Liège Airport (LGG) has entered a partnership with the technology subsidiary of Chinese e-tail giant Alibaba, Alibaba Cloud, to leverage the tech giant’s “Aviation Brain” AI platforms across airport operations and handling procedures. The move is intended to strengthen the airport’s regional hub status through increased operational efficiency and improved digitalization of cargo operations. LGG’s use of the technology […]

CEVA posts mixed results for 3Q

Following the beginning of French seafreight firm CMA CGA’s governance over Swiss 3PL CEVA Logistics at the start of this year, the Swiss 3PL has seen mixed results in its financial figures. Earnings before interest, taxes, depreciation and amortization (EBITDA) for the CEVA Group increased significantly y-o-y to reach $125 million for the quarter period […]

China Eastern to launch scheduled flights to Santiago

Beginning later this year, Shanghai-based China Cargo Airlines will begin serving Santiago, Chile (SCL), with regular scheduled flights. The new flights will normalize the carrier’s seasonal perishable charters. Since 2013, China Eastern Logistics, the forwarder parent of China Cargo Airlines, has been directly organizing perishables exports from South America with airfreight transportation provided by its […]

3 key trends in innovation of cool chain shipping

LOS ANGELES – With about one third of the world’s food going to waste each year at a cost of USD$1 trillion, air cargo hosts a vital role in reducing this amount both for environmental and business purposes. Stakeholders in air cargo estimate that as much as 45% of food shipped along supply chains goes […]

YTO and VietJet partner to enhance China-Vietnam logistics links

A delegation from YTO Dragon Investment, the investment arm of Hangzhou-based YTO Express, was in Ho Chi Minh City (SGN) this week to sign a strategic cooperation agreement with low-cost carrier VietJet Air. Alignment with YTO opens up the possibility of freighter flights between China and Vietnam operated by YTO’s airline affiliate, YTO Airlines, sources […]

Asia-Pacific carrier traffic declines from 2018, despite move into peak season

Many of the major Asia-Pacific airlines have now reported their results for October 2019 cargo traffic, and annual comparisons are not spectacular. Air cargo demand in October 2019, although lackluster compared to last year, remains higher month-to-month, indicating the presence of a peak season. For many carriers reporting October statistics, the month was the busiest so far, year-to-date. […]

WTO global trade barometer suggests continued weakness into 4Q for airfreight

The World Trade Organization’s (WTO’s) Goods Trade Barometer indicates that airfreight is down and below trend through to September 2019, which suggests air cargo will see continued overall weakness into fourth quarter of this year. Though some component indices have stabilized, others continue to decline, reflecting heightened trade tensions and rising tariffs in key sectors […]

Zhengzhou Airport crafts aerotropolis strategy with Economic Zone development

Zhengzhou Airport (CGO), located in China’s central Henan province, is working to become a Chinese cargo hub with the construction of its Zhengzhou Airport Economy Zone (ZAEZ). The airport, which already hosts flights from international carriers such as Cargolux and AirBridgeCargo, has made several moves over the past year to grow its business with the […]

Vietnam bans recalled and damaged lithium batteries on flights

Vietnam will ban damaged and recalled lithium batteries, as well as electronic devices using those batteries, on Vietnamese airlines as well as foreign airlines operating into and from Vietnam, the country’s Civil Aviation Authority announced in a statement this month. The ban will begin as of Nov. 15. The ban will affect both devices with […]
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