HEADLINE
Cargo air corridors between India & Central Asia being explored
India would like to explore setting up “air corridors” between the country and five Central Asian nations. The air corridors — similar to what India established in 2018 with Afghanistan — would include regular cargo flights with special clearing and Customs facilities to expedite the movement of goods, especially…
Read MoreAirfreight seen looking up in 2020
The International Air Transport Association (IATA) expects some small improvements for the air cargo industry in 2020. In its annual outlook, IATA has forecasted that the global airline industry will produce a net profit of $29.3 billion in 2020, well above the net profit of $25.9 billion expected in…
Read MoreIncreasing digital disruption seen in air cargo
Mr Keshav Chandra, Joint secretary- Logistics, Department of Commerce, Ministry of Commerce and Industry, has said that India will soon have technologies like Customs managed by blockchain, goods traced from factory door to export terminals and cargo community systems across airports to bring down logistics cost. He was addressing…
Read MoreU-Freight opens e-commerce logistics hub in Incheon
U-Freight Korea, part of the Hong Kong-based U-Freight Group, has opened a new logistics hub in Incheon to support its growing e-commerce business. The e-commerce fulfilment centre (EFC) will process domestic and cross-border e-commerce shipments for business-to-business (B2B) and business-to-consumer (B2C) fulfilment. With the anticipated increase in e-commerce logistics…
Read MoreNew air cargo fridge trailer launched
UK based Cartwright Europe has launched a new fridge trailer specifically designed for the air cargo market in continental Europe. Cartwright said its engineers have been developing the new air cargo fridge trailer over the past nine months with the aim that it will provide an alternative option to…
Read MoreEtihad Cargo renews global cargo handling agreement
Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, has announced the renewal of its global cargo handling agreements with Worldwide Flight Services, WFS, the world’s largest air cargo handler, with Frankfurt and Madrid joining six existing gateways in Europe, Asia and the United States. The three-year…
Read MoreChangi airport growing in air cargo
Singapore’s Changi airport handled 2.01 million tonnes of air cargo in 2019. China, Australia, Hong Kong, the United States and India were the top five markets for air cargo in 2019. Etihad Airways and Qatar Airways commenced freighter operations from the airport last year. Last June 2019, Changi Airport…
Read MoreTransatlantic cargo joint venture focused on offering customers more choices & value
Air France-KLM Cargo, Delta Air Lines Cargo and Virgin Atlantic Cargo are hoping to capitalise on their new joint venture on the transatlantic. The new partnership, which represents 23% of total transatlantic cargo capacity or more than 600,000 tonnes annually, will enable the airlines to offer 110 nonstop routes…
Read MoreTurkish cargo aiming high
With its investments and ever-growing fleet, Turkish Cargo has taken concrete steps to achieve its target to become one of the top-five brands in the air cargo industry by 2023, marking the centennial of the foundation of the Republic of Turkey. Turkey’s national flag carrier’s air cargo brand, Turkish…
Read MoreNew trends emerge in transportation of pharmaceuticals by air
Air freight remains the predominant mode of transportation for moving life-saving pharmaceuticals around the globe, especially for the most valuable and sensitive therapies that require strict temperature control. For the foreseeable future, pharmaceutical companies will remain reliant on air freight for transportation of products that could succumb to temperature…
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