What is new in the air cargo and air freight industries? Global Trade has the answers – check out the industry news and trade articles.
Air Cargo accounts for a relatively small percentage of world trade when calculated by overall volume (approximately 10%). However, when the type or value of products being transported is taken into account (technology, business services, pharmaceuticals), its importance significantly increases. If something needs to be where it’s going quickly, especially when the destination is international, air cargo plays an essential role in that supply chain. High-speed delivery has become essential to our economy, as more companies opt to receive goods and bring them directly to market, thus avoiding costs associated with inventory, warehousing and logistics. Air cargo reduces the 30-day shipping time of ocean transport to less than 48 hours. When fruits, vegetables and flowers need to be sent from remote agricultural reasons to major cities around the world, companies rely on air cargo to deliver these products on time. That capability has also been a boon to economic development in the places where these perishable goods are produced.
Trilatec’s squAIR-timber Lightweight Elements Transforming Air Cargo Industry
Leading players in the air freight sector, including DHL, Kühne + Nagel, Lufthansa Cargo, Cargolux, and Emirates SkyCargo, are turning… Read More
UPS Worldwide Express Freight Service Expands Globally
UPS is expanding its UPS Worldwide Express Freight service to nine new countries: Bahrain, Bangladesh, Kuwait, Malta, Morocco, Pakistan, Qatar,… Read More
CBP Accepts IATA Cargo XML Standard
The International Air Transport Association‘s Cargo-XML messaging standard will be utilized by the U.S. Customs and Border Protection (CBP) agency… Read More
Demand for Air Cargo Picks up in June
The International Air Transport Association (IATA) released data for global air freight demand in June 2016 showing a rise in… Read More
Amazon Air Cargo Takes Off
Two years ago, news stories began to circulate on how online retail titan Amazon sought to gain more control over… Read More
Aviation: Supporting Jobs, Economic Growth, and Sustainable Development
Aviation is vital to the modern, globalized world, supporting millions of jobs and driving economic growth. But the benefits of… Read More
BREAKING NEWS: Amazon Takes Flight
Amazon today is showcasing its first ever branded air cargo plane during Seafair’s Air Show, an annual community celebration taking… Read More
DHL Expands in Chicago
DHL has expanded its operations in Chicago with the opening of a new service center. The $1.3 million investment was… Read More
Panalpina Moves Away From Oil and Gas as Market Contracts
During the second quarter of 2016 it became evident to Panalpina, the global logistic provider, that the oil and gas… Read More
U.S.-Mexico Air Transport Agreement to Enters Into Force
On Friday, July 22, 2016, the United States and Mexico exchanged diplomatic notes to bring their new Air Transport Agreement… Read More
FROM RUSSIA WITH FREIGHT
A malfunction of the main rotor at a power station in the Malaysian state of Sarawak this past April prompted… Read More
New Pact Announced Between Freight Forwarders and Air Cargo
For businesses in the air cargo industry, any good news these days is welcome. Recently, the International Air Transport Association… Read More
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