Cargolux to decrease fuel surcharge

Luxembourg-based all-cargo carrier Cargolux will decrease its fuel surcharge on all shipments as of Jan. 27, the carrier announced Monday. Cargolux will decrease its surcharge per kilo by €0.05, to €0.65 per kilo or the equivalent in local currency. The reduction follows an increase to €0.70 per kilo earlier this month, Cargolux’s highest surcharge since […]

Jet fuel prices spike following the airstrike death of Iranian general

Following the news that the United States government killed Iran’s General Qasem Soleimani, widely regarded as the second-most powerful figure in the country, in a Friday morning airstrike at the Baghdad International Airport (BGW), Brent crude traded at US$68.65, up more than 3.6% from yesterday, having earlier spiked to an intraday high of $69.16. CNBC […]

Consultant Insight: Will 2020 be life changing or mean life support for air cargo?

Will 2020 begin with improving air cargo volumes? It’s possible, especially with easier year-over-year volume comparisons. According to IATA data, December 2018 marked the beginning of international freight tonne kilometers (FTK) declines that lasted through at least October 2019 (latest data available), except for March when FTKs increased by a paltry 0.1%. There are a […]

New Nafta Leaves Winners and Losers Across North America

BLOOMBERG – Companies, workers and lawmakers in three countries have spent the past year in limbo awaiting final touches on the U.S.-Mexico-Canada free-trade agreement. Now they have a better sense of who won — and who lost. The accord awaits a vote next week in the U.S. House of Representatives, where Democrats successfully wrung last-minute revisions […]

Emirates’ new daily service targets Mexican perishable exports

Emirates launched a new daily service from Dubai (DXB) to Mexico City (MEX) via Barcelona (BCN), yesterday. Although MEX is not a new destination for Emirates SkyCargo, the new passenger flight to the city will also serve to increase available capacity for cross-border perishable exports out of Mexico City. The Emirates flight is scheduled to […]

DHL opens Foreign Trade Zone at JFK

DHL has opened its seventh Foreign Trade Zone (FTZ) in the United States with the inauguration of its newest location at New York’s JFK Airport. The JFK location adds to DHL’s growing FTZ footprint, which includes locations in Atlanta, Chicago, Dallas-Fort Worth, Miami, San Diego and Los Angeles. According to a statement from DHL, its […]

Flexport and SF Express collaborate on shipment visibility

Flexport, the San Francisco-based online forwarder, and Shenzhen-based express delivery company SF Express are integrating their respective IT platforms to provide China-based customers with end-to-end visibility into shipments moving through the Flexport platform. For joint freight forwarding offerings, including full-container load (FCL) ocean shipping and air cargo, Flexport will expand SF Express’ destination capabilities by […]

The China-Russia connection: E-commerce demand supports a booming trade lane

Chinese express carriers have been making waves in the air cargo business for some time now, rapidly building up their freighter operations and innovating domestic express operations. Still, despite being the base for two of the world’s largest e-commerce companies – JD.com, which is often compared to Amazon for the high degree of control it […]

Air cargo’s peak season – promising or a bust?

A year that started with great uncertainty will likely end the same. As we head into the traditional peak season, the world is faced with increasing trade barriers and weakening demand for goods. Global manufacturing activity is hovering dangerously close to contraction for many countries and for some countries, including the United States, contraction has […]

FIATA and TRAFFIC launch free digital course on prevention of wildlife trafficking  

The International Federation of Freight Forwarders Associations (FIATA) and wildlife trade monitoring network TRAFFIC launched a new digital “Prevention of Wildlife Trafficking” course on Oct. 4, during the FIATA World Congress 2019 in Cape Town, South Africa.   The three-hour digital course is aimed at providing freight forwarders with essential information that can aid workers in detecting, responding […]

Brexit logistics: Preparing for the unexpected

With just over a month to go before the U.K. is set to leave the European Union – colloquially referred to as "Brexit" – uncertainty continues to reign, much as it did in June 2016 when the U.K. voted to leave the E.U. Plan or no plan, will the break occur on Oct. 31 or […]
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