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
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
Economic Integration of ASEAN Countries Fosters New Logistics Expansion Plans in Thailand
The logistics industry, along with trade expansion and foreign capital inflows, are quickening the pace of Thailand’s economic growth, according… Read More
U.S.-Mexico Aviation Agreement a Win for Travelers, Trade
The United States and Mexico have a strong, longstanding relationship when it comes to aviation. And I’m happy to announce… Read More
Investment in Perishables Handling Pays Off
Consolidated Aviation Services (CAS) has seen an immediate return on the $2.5 million investment to expand its perishables handling center… Read More
Qatar Airways Cargo Announces New Freighter Route to Dallas/Fort Worth
Qatar Airways Cargo has announced it will launch a new freighter route to Dallas/Fort Worth commencing operations on January 19,… Read More
Is Amazon Aiming for Air Cargo Business?
Press reports in recent days have indicated that Amazon.com is in talks to lease 20 Boeing 767 jets. The purpose:… Read More
Munich: Expansion of Airbus A350 Logistics Facilities
Lufthansa Technik AG is stepping up its capacities for the support of the Airbus A350. A symbolic groundbreaking marked the… Read More
China’s Commercial Aircraft Industry Faces Obstacles, Says Report
China’s investment of billions of dollars in a domestic commercial aviation industry “has yet to result in a commercially viable… Read More
Air Cargo Continues to Flat-Line
The International Air Transport Association (IATA) released data for global air freight markets showing that air cargo volumes measured by… Read More
European Court Overturns Fines on Airlines for Airfreight Collusion
The European General Court has annulled 790 million euros in fines imposed by the European Commission against 11 international airlines… Read More
IAG Cargo Boosts Capacity on Tel Aviv Route
Beginning March 2016, businesses shipping between London Heathrow and Tel Aviv will benefit from a dedicated wide-body service from IAG… Read More
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