It’s the economy, stupid: Despite growth IATA warns of market fragility

After a weak first quarter, air cargo recovered and grew in the second and third, and is on track to hit year-on-year growth of 6.1 percent in September, measured in freight tonne kilometers (FTKs), IATA said in its Q3 2016 “Cargo Chartbook.” The trade organization anticipates that “moderate pick-up in economic activity is expected in[…]

RocketSpace returns in 2017 for second Logistics Tech Accelerator [VIDEO]

Workers in their offices at the RocketSpace accelerator during Cohort 1. Co-working entrepreneurial tech firm RocketSpace is preparing for re-entry – back into the world of logistics, that is. And it’s currently seeking participants through the next few weeks. The San Francisco-based firm that helped several logistics startups spread their wings earlier this year said[…]

Art of the deal: Industry cooperation announced at Paris TIACA summit

The pledging is already well underway this week at The International Air Cargo Association’s (TIACA) 28th Air Cargo Forum (ACF) in Paris. The inaugural day saw the International Civil Aviation Organization (ICAO) and the World Customs Organization (WCO) join TIACA in a pledge to “work towards a paperless environment to ensure the industry maintains and[…]

Airfreight volumes, earning continue to rise at Panalpina in Q3

Panalpina announced a slight increase in earnings before interest and tax (EBIT) in spite of what it referred to as a “challenging market.” Airfreight volumes for the Swiss forwarder increased 9 percent, year-over-year, for the first nine months of 2016, even as the overall air cargo market decreased by an estimated 1 percent during the[…]