HEADLINE
Customs Broker Association, Hyderabad welcomes new import courier terminal
The Customs Broker Association, Hyderabad has announced the launch of an import courier terminal to facilitate faster processing and import clearance of courier import cargo. It informed in a release that this happy occasion was graced by: Other Customs officials & trade representatives also graced the occasion. GHAC Terminal is…
Read MoreAverage air cargo rates showing slight seasonal upwards trajectory
Global average air cargo rates have remained firm and on a slight seasonal upwards trajectory going into the first few days of November, despite a week-on-week drop in tonnages, according to the latest figures from WorldACD Market Data. And looking at the last two weeks combined, overall worldwide tonnages…
Read MoreGMR Hyderabad Air Cargo inaugurates exclusive Courier Terminal for import shipments
GMR Hyderabad Air Cargo (GHAC) announced the launch of an import courier terminal to facilitate faster processing and import clearance of courier import cargo. Spread across 300 sq. m, the 24×7 import handling facility is located at GHAC terminal premises. The facility is well equipped with world class security…
Read MoreTIACA launches 4th Annual Air Cargo Sustainability Survey
The International Air Cargo Association (TIACA) announced that the 4th Annual Air Cargo Sustainability Survey has been launched. This year’s survey will continue to monitor air cargo’s progress towards a sustainable future. “We are calling on the entire industry to respond to allow us to get a full understanding…
Read MoreScoot to restart daily Chennai operations
Scoot, the low-cost subsidiary of Singapore Airlines, has announced the resumption of daily flights to Chennai International Airport from November, connecting Chennai and Singapore’s Changi Airport. Scoot last operated from Chennai in March 2020, before the pandemic. Apart from Chennai, the airline also operates out of five other airports…
Read MoreQatar Airways partners with United for Wildlife
Qatar Airways has announced its commitment as the Official Airline Partner of United for Wildlife (UfW), an initiative working to tackle the illegal wildlife trade and protect endangered species, founded by Prince William and The Royal Foundation of The Prince and Princess of Wales in 2014. This prestigious partnership…
Read MorePharma exports up 5 pc in H1FY24
India’s pharmaceutical exports grew by 5% in the first half of the current fiscal year, reaching a value of $13,361 million compared to $12,723 million in the same period last year. The US, the UK and Brazil were the top three destinations for Indian pharma exports, with values of…
Read MoreOverall demand subdued, though volumes and rates marginally up
Global air cargo volumes and spot rates edged up marginally in October, but overall demand remained muted, diminishing hope of a traditional year-end revenue boost for airlines and freight forwarders, according to Xeneta’s latest weekly market analysis. Latest industry data shows a 2% month-over-month improvement in airfreight volumes in…
Read MoreOctober tonnages track close to last year’s levels
Global air cargo tonnages stabilised in October 2023 close to their levels this time last year, with preliminary full-month tonnage figures down just -1% compared to those in October 2022, having tracked last October’s demand patterns closely on a week-by-week basis throughout the month, according to the latest figures…
Read MoreLufthansa Cargo launches td.Zoom, the fastest for time-critical cargo
With the launch of td.Zoom, Lufthansa Cargo is offering a new speed from November 1 this year. In addition to td.Pro and td.Flash, this will be the third speed for most time-critical cargo. With td.Zoom, customers can choose the fastest service for their most urgent shipments. This includes top…
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