BIFA said prepare for a no-deal Brexit with 11 days to go

The clock is still ticking on Brexit, but United Kingdom’s logistics community and the British Parliament are still working hard to diffuse the situation. Last week, Parliament rejected Prime Minister Theresa May’s second proposed Brexit plan, which would have defined the terms for Britain’s exit from the European Union. With just 11 days left until […]
  • Nina Chamlou
  • March 18, 2019

Pearce: No growth for the last 12 months is ‘something to worry about’

SINGAPORE – Economic reports are often a mixed bag. For every positive sign, there are several lurking omens that could spell disaster. On March 12 at IATA's World Cargo Symposium (WCS), Brian Pearce, chief economist at IATA, addressed the current economic conditions of the air cargo industry, and it was hard to read his assessment […]
  • Nina Chamlou
  • March 12, 2019

Can integrated trade survive in these protectionist times?

SINGAPORE – At IATA's World Cargo Symposium (WCS), speaker Brian Pearce, chief economist at IATA, said at the “Enabling Global Trade” panel discussion that he thought the industry was “at a dangerous junction, because in many ways, I think the West is moving away from that model that is the integrated world that we were […]
  • Nina Chamlou
  • March 12, 2019

Will U.K. truckers see temporary permitting relief from a ‘hard Brexit’?

With fears of endless delays and hundreds of idled trucks increasing across the British hauling industry in the likely event of a no-deal Brexit later this month, members of the U.K.’s Freight Transport Association (FTA) were cautiously optimistic today about a March 4 tentative agreement between the European Union’s Parliament and its Member States that […]
  • Randy Woods
  • March 5, 2019

WorldACD: December a ‘double whammy’ as growth shrinks

In its end-of-the-year analysis of the international air cargo market, WorldACD called the month of December – prepare to wince – a “double whammy.” According to the report, air cargo volume growth and yield growth were both negative, year-over-year, during the month. WorldACD said that the last week of 2018 was “particularly worrisome,” noting that […]
  • Nina Chamlou
  • February 1, 2019

Overall air cargo demand is flat, but certain pockets thrive

The 31-month streak of year-over-year increases in demand for air freight had to end sometime, and that time has now arrived, according to the latest roundup of November 2018 air cargo totals from IATA, as well as from cargo analysts WorldACD. However, while the current trade environment and flat macro-economic averages portray a grim picture […]
  • Nina Chamlou
  • January 8, 2019

Top 5 airfreight trends to expect for 2019

Happy new year! Every January brings with it anticipation of the months to come and what they hold for airfreight logistics. Trade wars, recent WorldACD reports and the impending finale of Brexit have instilled uncertainty into the market, but the outlook for this year still suggests growth. We at Air Cargo World, have chosen the […]
  • Chelsea Toczauer
  • January 1, 2019

Davies Turner doubles warehousing capacity in Scotland

Giving fodder to rumors of increased demand for logistics services in the United Kingdom in anticipation of Brexit, prominent U.K.-based forwarder Davies Turner has doubled the size of its Glasgow presence, moving to a 10,000-square-foot facility due to “a much-needed extension of our airfreight operations in Scotland.” Some U.K.-based logistics firms have already reported unseasonably […]
  • Nina Chamlou
  • December 6, 2018

Trade with N. America, S.E. Asia, helps boost HKIA cargo growth by 2.8 percent in Oct.

Hong Kong International Airport (HKIA) released its October traffic results, which show a 2.8 percent increase in its cargo handle to 451,000 tonnes and a growth in transshipments of 7 percent, year-over-year. The margins are fairly impressive, considering the environmental factors at play, namely an internationally flattening demand for airfreight, as well as the current […]
  • Nina Chamlou
  • November 21, 2018

Dimerco offers alternative to U.S.-China trade with Indonesia partnership

Taiwan-based logistics company Dimerco is helping its trans-Pacific customers avoid extra costs from protectionist trade policies by offering its services in Batam, Indonesia, which operates under a Free Trade Zone (FTZ). The deal was struck through a strategic partnership with PT Uniair Indotama Cargo – a member of Dimerco Express Group with a strong Southeast […]
  • Nina Chamlou
  • October 31, 2018

Panalpina reports Q3 contractions, anticipates further challenges

Swiss forwarder Panalpina’s third-quarter financial results show the company is being affected by “macroeconomic uncertainties,” CEO Stefan Karlen said. Its cross-segment profit during the quarter declined by about 19 percent to US$14.9 million, compared to US$18.5 million during the same period last year. The company said the air freight segment’s margins have been impacted by […]
  • Nina Chamlou
  • October 25, 2018

Atlas Air to operate 747F for SF Express on trans-Pacific routes

Atlas Air Worldwide Holdings’ subsidiary Atlas Air recently inked a new ACMI lease agreement with SF Express to operate a 747-400F on trans-Pacific routes for the express carrier. The deal, which will commence in October, will expand the Shenzen-based SF Express network into the trans-Pacific market. SF Express has traditionally operated a fleet of narrowbody […]
  • Nina Chamlou
  • September 21, 2018

FedEx anticipates record-breaking peak season, warns of trade tensions

During FedEx’s FY Q1 2019 earnings call yesterday, CEO Fred Smith said the company is anticipating record-breaking volume during this year’s peak season. The positive news follows the company’s announcement last week that it will expand its U.S. ground operations to six days a week in response increased demand for e-commerce – this, despite current […]
  • Nina Chamlou
  • September 18, 2018
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