DHL reports airfreight demand low but capacity increasing
Air cargo demand remains low but capacity is increasing, according to DHL’s latest Airfreight State of the Industry report. According to the report, published this month, inflation and reduced purchasing power are among the reasons why demand is low. Although volumes “remain softened” they are stable following the peak drop seen in July. E-commerce is […]
Vancouver International Airport adopts community system to meet airfreight growth
Vancouver International Airport (YVR) will implement Kale Info Solutions’ Airport Cargo Community System (ACCS) as it looks to meet growing airfreight volumes. A proof of concept of Kale’s ACCS will take place ahead of full implementation of the solution at the airport, which is the second-largest in Canada. The airport hopes the system will help […]
IAG Cargo reports increased automotive demand
IAG Cargo has reported an increase in automotive traffic since the start of the year, predominantly with its airfreight charter service that was launched last year at the start of the pandemic. The carrier said it that this year it has already transported 8,000 tonnes of automotive parts, which suggests “a confident start to the […]
Lufthansa Cargo opens new pharma hubs as airfreight prepares for a vaccine
Lufthansa Cargo has “massively expanded” its cold chain footprint with new pharma facilities in Munich and Chicago, as airfreight turns its eye towards vaccine distribution. The 1,000sq metre pharma hub at Munich Airport has capacity for 96 pallets and loose cargo, with storage available under three different temperature ranges. And its 750sq metre facility at […]
Panalpina continues perishables expansion
Panalpina will continue the expansion of its perishables network in South America through the acquisition of CargoMaster in Colombia and its subsidiary, Laseair, in Ecuador. Panalpina said that CargoMaster is one of Latin America’s largest companies specialised in the airfreight export of perishables, mostly flowers to the US. From Colombia and Ecuador, the two companies […]
Panalpina subscribes globally to digital IATA manuals
Panalpina has become the first freight forwarder to subscribe globally to IATA’s digital manuals. As a result, its airfreight specialists right around the world can now access the latest regulations and industry standards online. This way, says the Switzerland-based company (and fourth-largest forwarder in the world in terms of air cargo volumes), it can offer […]
Protectionist risks remain for airfreight
The International Air Transport Association (IATA) has released demand growth results for global airfreight markets for February 2018, showing a 6.8 percent increase in demand measured in freight tonne kilometres (FTKs) compared to the same period of last year. Demand growth outstripped capacity growth for the 19th month in a row, but, according to IATA, […]
Arizona airport targets Mexican e-commerce traffic with new cargo facility
Plans have been revealed for the development of a cargo facility housing a joint US-Mexican Customs post at Phoenix-Mesa Gateway Airport as it targets e-commerce traffic between the two countries. Arizona governor Doug Ducey announced that SkyBridge Arizona planned to open the country"™s first international air cargo hub to have a joint Mexican and US […]
