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
Boeing Sells Record Number of Airplanes in 2015
Commercial aircraft giant Boeing sold 762 commercial aircraft in 2015, 39 more than the previous year and most ever for… Read More
DSV Acquires UTi Worldwide Inc.
DSV’s acquisition of UTi Worldwide Inc. was completed in late January with the approval of UTi shareholders and competition authorities…. Read More
Atlas Air Worldwide to Acquire Southern Air
Atlas Air Worldwide Holdings, Inc. has entered into a definitive agreement to acquire privately held Southern Air Holdings, Inc., a… Read More
Liege Airport: A Successful 2015 and Encouraging Prospects for 2016
Last year was a successful one for Liege Airport. Over 650,000 tons of goods transited through the airport, an increase… Read More
Cargolux Board Approves China Investment
The Cargolux board of directors has approved an investment of $77 million for Cargolux China, a new joint venture Chinese… Read More
Schiphol Airport’s Cargonaut System Benefits From Public-Private Investment
Schiphol Airport’s community information platform, Cargonaut, will be updated with investments from public and private sources. Cargonaut, which has been… Read More
Shanghai Air Cargo Handler Had Record 2015
Shanghai Pudong International Airport Cargo Terminal Co., Ltd. (PACTL) expects to have set a new record for freight volumes in… Read More
UPS Boosts Airlift Capacity To and From Czech Republic
UPS has substantially increased its air express volume capacity into and out of the Czech Republic by introducing a UPS… Read More
Pelican BioThermal Announces Crēdo on Demand General Availability
Pelican BioThermal, a global leader providing the broadest and most innovative range of temperature-controlled packaging solutions serving the life sciences… Read More
Decline in Air Freight Volumes Bottoms Out
The International Air Transport Association (IATA) released data for global air freight markets showing air cargo volumes, measured in freight… Read More
Worldwide Flight Services to Acquire Consolidated Aviation Services
Worldwide Flight Services (WFS), the world’s largest air cargo handler and one of the leading providers of airline ground handling… Read More
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