After many years of talks and negotiations, IATA’s Cargo-XML messaging will be the standard utilized by the U.S. Customs and Border Protection Agency (CBP) to collect advance data on all cross-border shipments to and from the United States. With the backing one of the world’s largest federal law enforcement agencies, IATA’s standard for the electronic[…]
Brandon Fried is the executive director of the U.S. Airforwarders Association. The late former Speaker of the House, Thomas “Tip” O’Neill, is most closely associated with the phrase “All politics is local” – a saying he used when the Boston-area Congressman’s seat was challenged in 1982 by a Massachusetts lawyer who had financed most of[…]
Confirming a slew of positive second-quarter results from 3PL and express companies, the latest June numbers from the International Air Transport Association (IATA) show a 4.3 percent year-over-year rise in freight tonne kilometers (FTKs) – the fastest pace of y-o-y growth in 14 months. However, available freight tonne kilometers (AFTKs) increased by 4.9 percent over[…]
CEVA Holdings posted solid second quarter earnings that were boosted by especially strong air freight numbers. The supply chain management company’s revenue rose 7.8 percent (4.1 percent in constant FX, which eliminate the effects of exchange rate fluctuations when calculating financial performance numbers) to $3.23 billion in H1. Adjusted earnings before interest, taxes, depreciation and[…]
After yesterday’s unveiling of Amazon’s new “Prime Air” livery for the 767 freighters it is leasing from Atlas Air and Air Transport Services Group (ATSG), the Seattle area is preparing for the aircraft’s expected fly-by in the city’s annual Seafair celebration this weekend, including an air show by the U.S. Navy’s Blue Angels aerobatics team.[…]
In the days before the Opening Ceremony for the Rio de Janeiro Olympic Games kicks off this evening, forwarders and carriers of specialty cargo have been working overtime to bring equipment, infrastructure and even animals to the balmy Brazilian shores. American Airlines Cargo, for instance, delivered more than 65 tonnes of goods to Rio in[…]
