Trending Now

SC Ports Restores Full Berth Capacity at Charleston, Boosts…

New Articles

Year-On-Year Air Cargo Growth Reported for Budapest Airport

Airports, Archives, Global Trade Daily

Year-On-Year Air Cargo Growth Reported for Budapest Airport

Leave a comment

Budapest Airport reported record-breaking cargo numbers exceeding its substantial 2017 record numbers and confirming consistent double-digit growth for the last three years, according to a release this week.

“These latest figures are exciting as they represent three years of uninterrupted double-digit growth at the airport,” said René Droese, Director Property and Cargo of Budapest Airport. “We are focusing all our efforts to make good use of the ideal conditions in Budapest and turn Liszt Ferenc International Airport into a major cargo logistics hub for the Central-Eastern European region.”

She added:

“For this, we are establishing appropriate technical, security, and traffic conditions – the relevant projects entered the phase of implementation last year, and we can successfully complete them this year. As a first step we handed over a 16,000 m2 new cargo warehouse and office capacity for our integrator partners in 2017; their traffic has been constantly developing for years.”

Budapest Airport will continue to leverage its cargo success through implementing simultaneous operations of two Boeing B-747-8F freighters.

“The combined value of this development effort in 2019 reaches EUR46 million, and is financed by Budapest Airport itself,” said Droese. “Our goal is to deliver, by the end of this year, an ideal cargo infrastructure for all segments of our well-balanced customer portfolio, for full freighters, belly cargo, integrators and roader feeder trucking too. Rising demand is illustrated by the fact that last year a number of wide body and jumbo freighters were being loaded at the airport each day, including Boeing B-747s operated by Cargolux, AirBridgeCargo, and Silk Way West, and Airbus A300s, A310s, A330s, used by Turkish Cargo and Qatar Airways Cargo.”

 

Source: Meantime Communications

Air Cargo, Archives, Global Trade Daily

Air Cargo Exports Process Expedited with New Technology in Perth

Leave a comment

Air cargo exports are now being processed faster and more efficiently following the investment of new screening technology for Tigers Australia Perth facility. This technology enables the company to perform export screenings internally, making the location the only one in Australia with internal screening capabilities. Tigers is a global organization that specializes in technology enabled supply chain solutions. Based in Hong Kong, the company has international locations including Perth, Adelaide, Melbourne, and Sydney.

The Perth location will continue staying one step ahead through Regulated Air Cargo Agent accreditation before the March 1 national date for the introduction of new policies for conducting air cargo inspections.

“Tigers Australia has purchased the equipment to support our customer base with the new legal requirements, which will impact all air cargo export commodities,” said Jason Radford, General Manager, Tigers Perth. “At the Perth facility, we operate 24 hours a day, seven days a week, so we will also offer the service to the entire Perth airfreight market.

“This will allow export cargo screening to be completed after-hours, therefore reducing the need for customers to deliver directly to the Cargo Terminal Operator (CTO) where wait times can be in excess of six hours. The investment in this equipment will ensure that Tigers Perth remains efficient and will be fully compliant with the Australian government’s air cargo security legislation in time for the implementation date.”

Additional features of the new technology include state-of-the-art X-ray equipment, two explosive trace detection units, and an electro-magnetic detection (EMD) machine.

Source: Tigers

Archives, Global Trade Daily, News

AMAZON AIR ENCROACHING ON UPS & FDX AIR SPACE

Leave a comment

“We think the market is missing the risk Amazon Air poses to UPS/FDX growth,” say researchers at Morgan Stanley. “Our work with AlphaWise shapes our analysis of AMZN Air’s impact to date and plots a potential expansion course. Lowering PTs for UPS and FDX and quantifying AMZN savings.”

Morgan Stanley notes that, for now, investors are focusing on Amazon’s last-mile efforts, but the Manhattan-based multinational bank and financial services concern believes the Amazon Air challenge is just as relevant.

“We’ve written extensively on Amazon’s build-out of its internal logistics network, but given Amazon’s plans to take delivery of 40 planes and build an air hub that could potentially handle 100 planes, we’ve taken a closer look at the impact of Amazon Air (its in-house Express Air network) on UPS/FedEx Air volumes,” state the researchers, who point to their own interactive online map.

Learn more at morganstanley.com.

Air Cargo, Archives, Global Trade Daily

Amazon and the Fort Worth Alliance Airport Launch Facility Development

Leave a comment

Amazon’s air needs will soon be supported by DFW’s very own Fort Worth Alliance Airport, pending the completion of construction that kicked off for the new facility, according to a release last week. Launched originally in 2016 as “Amazon Air” representing the company’s first branded aircraft, this facility will primarily serve as a regional air hub.

“We are excited to build a brand new facility from the ground up at the Fort Worth Alliance Airport,” said Sarah Rhoads, Director of Amazon Air. “The new facility is the first of its kind for us and we’re thrilled to ensure we have the capacity to continue to delight our customers.”

With the new facility comes hundreds of jobs, as it was mentioned the framework will be built to support high-scale operations based on company needs. Some of the innovative technology features will include sortation capability and infrastructure to enable more than one flight a day.

“I am glad that Amazon Air selected Fort Worth Alliance Airport for its newest facility. As is proved time and again, North Texas is a great place to build a business and we welcome Amazon Air as the newest addition to our community,” said Representative Michael C. Burgess, M.D. (R-TX)

The announcement received an ample amount of praise and welcome from various players within the industry, including Mayor Bob Golden who commented:

 “Haslet is very happy and excited to welcome another Amazon facility to our city,” said Mayor Bob Golden. “Amazon has been an awesome partner and we look forward to expanding that relationship in the future.”

Developments are underway and will continue to build the facility so operations can begin sooner than later.

“We are pleased to grow our partnership with Amazon here at Alliance,” said Bill Burton, executive vice president at Hillwood, the developer. “As one of the world’s most influential retail, technology and supply chain logistics companies, Amazon’s selection of Fort Worth Alliance Airport will continue to transform the airport’s role within the region.”

Source: Cooksey Communications

Airports, Archives, Global Trade Daily

Record-Setting Rates for Budapest Airport

Leave a comment

Significant increases recorded for Budapest Airport this week in regards to overall trucked and flown freight. There was a 22.9 percent increase from the same time period in 2017 and a 16.3 percent increase in processed air cargo from January through October. Over the course of two years, the airport increased air cargo traffic volume at BUD by an impressive 39.1 percent.

“As of today, our figures for 2018 have already overtaken the entire year of 2017, when we processed 127,145 tonnes of airfreight at BUD, which was our highest yearly amount on record,” René Droese, Executive Director Property and Cargo at Budapest Airport. “Airfreight volumes at BUD continue to grow at an impressive rate, and we will soon be reaching yet another milestone as our 12 months’ volume, currently at 144,017 tonnes, approaches an unprecedented 150,000 tonnes.”

Successful metrics like these reiterate the importance and justification of the most recent implementation of Cargo City, a $32 million dollar investment consisting of a massive cargo handling facility and specialized freighter stands in an aim to centralize cargo operations.

“This growth proves how vital our new Cargo City development will be in order to continue coping with increased demand from carriers around the world, and we are excited about the new capabilities this new facility will bring when it opens in the fourth quarter of 2019,”  Droese said.

Source: Meantime Communications

 

Archives, Global Trade Daily, News

“A Force to be Reckoned With”

Leave a comment

The Asian Logistics and Maritime Conference kicked off this morning with a strong opening message from Mrs. Carrie Lam Cheng Yuet-ngor, Chief Executive of the Hong Kong Special Administrative Region of the People’s Republic of China. Lam didn’t fail to mention this was her fourth year in a row speaking at the eighth annual conference and noting that the representation brought is “One of Hong Kong’s and the world’s most vital sectors” paired with a strong turnout each year.

Lam focused on how the recent topic of the Belt and Road Initiative continues to “connect the region and the world” and building on the ties among other industry leaders around the world is vital to continued success. Additionally, she touched on the importance of free trade within the Hong Kong region, noting it as “immutable” before confirming the conclusion of a free-trade agreement with Australia within the last few days.

Adaptability and rolling with the market changes were a high point during Lam’s address, noting that trade and logistics are one of Hong Kong’s four pillar industries that contributes 22 percent of GDP, making Hong Kong a leader in logistics and financial centers in addition to trading economies in the world.

“Hong Kong’s noble market may be modest, but our ability to serve and create markets for trading goods and services for the world is inexhaustible. For that, we can thank our formidable foundation for international trade… I’m talking about world-class infrastructure, superb connectivity.. institutional strengths as well as an abundance of talents…”

Lam went on to expand on the massive container port quantities and TEU numbers within Hong Kong which include 320 lining ships per week, and over 3.8 million TEUs on record for last year. She also mentioned that the shipping rates are the fourth largest in the world and in regards to the air, “Hong Kong is a force to be reckoned with”  noting their airport has been the world’s busiest for international air cargo for the last 22 years in a row, serving high-value logistics in the Asia-pacific region and boasts sustainable air-service agreements with dozens of countries around the world, 67 to be specific.

As she concluded her opening address by reinforcing global connectivity and the ability to adapt to an evergreen market. The primary message remained consistent that Hong Kong will continue to leverage its impressive trade momentum regardless of market trends.

Air Cargo, Archives, Global Logistics, Global Trade Daily, News

Global Air Cargo Volume to Double by 2033

Leave a comment

Chicago, IL – Boeing has released a report projecting air cargo traffic to grow at an annual rate of 4.7 percent over the next 20 years, with global air freight traffic expected to more than double by 2033.

Major air cargo carriers were severely hit by the global financial crisis in 2008 and, despite a rebound in 2010, worldwide air cargo traffic has remained flat in recent years, the World Air Cargo Forecast said.

The market began to see growth again in second quarter of 2013 reaching 4.4 percent for the first seven months of 2014 compared to the same period a year earlier.

If this trend continues, 2014 will be the highest growth year for the air freight industry since 2010, according to the Boeing report.

“We see strong signs of a recovery as air freight traffic levels continue to strengthen after several years of stagnation,” said Randy Tinseth, Boeing’s Commercial Airplanes’ vice president of marketing.

The global air cargo market “is now growing at nearly the long-term rates,” he said in a statement.

The new forecast shows Asia-North America and Europe-Asia will continue to be the dominant world air cargo markets with the most traffic volume. Intra-Asia, domestic China and Asia-North America markets are expected to have the fastest growth rates over the next 20 years.

With increased air cargo traffic, the world freighter fleet is also expected to grow with deliveries of 840 new factory-built airplanes and 1,330 passenger-to-freighter conversion airplanes.

More than 52 percent of those deliveries are expected to replace retiring airplanes and the remainder used for fleet expansion.

10/17/2014

Air Cargo, Archives, Global Logistics, Global Trade Daily, News

Amerijet Expands Domestic US Logistics Footprint

Leave a comment

Fort Lauderdale, FL – Amerijet International Inc. is gearing up for its domestic US freighter operation by awarding its East and West Coast road feeder bid to its ITS Logistics.

The contract connects nine US cities to Amerijet’s new domestic air cargo hubs at Reno‐Tahoe International Airport and Rickenbacker International Airport in Columbus utilizing dedicated 53 foot ‘air-ride’ trailers.

Amerijet has begun daily B767 freighter operations between its new hubs providing long‐haul air freight service for intercontinental and domestic freight.

Dedicated road feeder services between Seattle, San Francisco, Los Angeles, Phoenix and Reno on the west coast and Chicago, Detroit, Philadelphia, Newark, Atlanta, Miami and Columbus on the East Coast will allow the company to provide its customers with a 1‐2 day service coast to coast.

Amerijet International, Inc. is full‐service multi‐modal transportation and logistics provider, offering US domestic and international, scheduled all‐cargo transport via land, sea, and air.

The company connects over 30 major cities in the US with more than 600 destinations worldwide, providing global transportation solutions for customers throughout the Americas, Mexico, the Caribbean, Europe, Asia, and the Middle East.

07/31/2014