Source: IATA While the newly formed Shippers’ Advisory Committee, created last year by the International Air Cargo Association (TIACA), today released a position paper calling for greater transparency and digitization of the global supply chain, the International Air Transport Association (IATA) recently reported that the penetration rate for its electronic air waybill (e-AWB) initiative dipped[…]
Ground handler Aviance Ghana has implemented a new air cargo management system from Kale, called Galaxy, for operations at Kotoka International Airport (KIA). The system tracks movement and storage of cargo at the airport’s warehouses and manages the transactions with electronic data interchange (EDI) messaging, auto billing, tracking and reporting. Kotoka International Airport Aviance Ghana[…]
Pilots for Air Transport Services Group (ATSG) subsidiary ABX Air have reached a settlement with the carrier that returns the pilots’ right to take compensatory time off for days in which they are forced to work to cover flights due to staffing shortages. The resolution ends a simmering labor disagreement that prompted a pilot’s walk-out[…]
Following years of heavy airfreight losses, Air France-KLM’s cargo sector results will be reported within its overall financial reporting. The accounting decision will take the struggling cargo arm out of the public eye. “It has been decided to change the cargo reporting as per fiscal year 2017 based on contribution margin and to include it[…]
Preliminary January traffic figures from the Association of Asia Pacific Airlines (AAPA) showed strong traffic volumes in both international air passenger and air cargo markets. International air cargo demand, measured in freight tonne kilometers (FTK), grew by 4.7 percent. Offered freight capacity expanded by 3.8 percent, resulting in a 0.5 percentage-point rise in the average[…]
For those interested in finding a snapshot of global airfreight pricing from week to week, it’s time to meet FIFI. Online freight marketplace Freightos has launched its Freightos International Freight Index (FIFI), a database of more than 250 million price points updated weekly, covering container pricing, price ranges on key lanes, historical pricing and volatility,[…]
