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
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
Polar Air Cargo and Atlas Air Reached Settlement Agreement in U.S. Cargo Antitrust Class Action
Polar Air Cargo and Atlas Air Worldwide Holdings have entered into a settlement in an antitrust class action lawsuit in… Read More
United Cargo Celebrates Opening of Newark TempControl Center
United Cargo recently celebrated the grand opening of its new TempControl Center at its hub at Newark Liberty International Airport… Read More
Asia Pacific Air Cargo Market Shows Weakness
Preliminary November traffic figures released today by the Association of Asia Pacific Airlines (AAPA) showed air cargo markets remained weak…. Read More
Qatar Airways to Increase Frequency of Freighter Flights to LAX
Qatar Airways will be increasing the frequency its freighter flights in an out of Los Angeles International Airport to daily… Read More
No Bridge Too Far for Emirates SkyCargo
Emirates SkyCargo, the freight division of Emirates, has demonstrated its capability to handle all types of cargo, with a load… Read More
Emirates SkyCargo Increases Operations in Istanbul
Emirates SkyCargo, the freight division of Emirates, expanded its presence in Turkey when it began daily non-stop service to Sabiha… Read More
AirBridgeCargo Looks to Expand in 2016 After a Strong 2015
This year will see AirBridgeCargo Airlines’ (ABC) investing more in new-generation freight aircraft and concentrating on further network expansion. This,… Read More
FedEx Fell Behind on Christmas Deliveries: Report
With powerful storms pounding parts of the southern U.S. on Christmas Eve and claiming 14 lives in three states, FedEx… Read More
Taiwanese Companies in Multimodal Alliance
China Airlines, Yang Ming Marine Transport Corp., and the state-owned Chunghwa Post Co. have signed a memorandum of understanding to… Read More
BREAKING NEWS: European Commission Unconditionally Approves FedEx Acquisition of TNT
FedEx Corporation and TNT Express have obtained the unconditional approval of the European Commission for the acquisition by FedEx of… Read More
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