Starting with the latest numbers from IATA, which wrap up the reporting on November’s performance, the upward trend in air cargo has been confirmed once again. Global airfreight markets registered high demand, measured in freight tonne kilometers (FTKs), that rose by 6.8 percent in November 2016, compared to the same month in the previous year.[…]
China Airlines and Japan Airlines (JAL) will expand extant code-sharing to cover all routes operated by both airlines between Japan and Taiwan, starting the second half of February 2017. The memorandum of understanding (MOU) said the agreement will be a “strategic cooperation on cargo and passenger services.” The number of code-share flights, currently at 28[…]
The e-commerce wars just entered surreal territory, with Alibaba founder Jack Ma, a champion of global free trade, meeting the protectionist-leaning President-elect Donald Trump in New York this week to discuss how online retail can create up to 1 million new jobs over the next five years. “Jack and I are going to do great[…]
When Great Britain voted to break away from the European Union, many knew the “Brexit” would have far-reaching effects on the world economy – but perhaps not quite this far. The tiny island nation of Mauritius, for example, said it will launch an airfreight rebate program, called the “Speed-to-Market Scheme” (STMS), to incentivize apparel exports[…]
UPS has bought into the European truckload brokerage sector with purchase of Freightex, a U.K.-based provider of truckload, less-than-truckload, specialized and refrigerated over-the-road services. With the purchase, Freightex will add extensive cross-border routes and a carrier network, which includes a dedicated fleet, to UPS’s portfolio. The acquisition also gives UPS access to the European 3PL[…]
A report released by the Ministry of Civil Aviation Government of India in late 2016 recommended that, “an electronic platform be put in place to digitize key stakeholder interactions,” in order to increase efficiency of processing shipments and to cut costs. In other words, the proposal system, termed the Air Cargo Community System (ACS), called[…]
