The e-commerce boom in the United States has already irrevocably changed the traditional dynamics between supply chain members, but we are still far from seeing how these dynamics will re-form – if ever – after the dust settles, according to an in-depth report released last week from third party logistics (3PL) research organization Armstrong & […]
The trade war between the United States and China has left a bitter aftertaste in the dry bulk market as the market recovery is slowly being eroded by the recent geopolitical frictions, ALLIED Shipping Research said its latest update.
European airports saw cargo demand increase again in February, although there was a slowdown on growth levels recorded in January. The latest figures from Airports Council International (ACI) Europe show that freight demand increased by 5.7% year on year in February, down on January’s 8.7% uptick. This slowdown was to be expected as the Chinese […]
China’s international trade representative held a series of meetings with the ambassadors from major European nations last week to ask them to stand together with Beijing against U.S. protectionism, according to four sources familiar with the discussions.
Air cargo volumes at the world’s 20 busiest airports grew 6.8% in 2017, with Hong Kong again the number one freight hub at more than 5m tonnes, a 9.4% year-on-year increase. Airports Council International (ACI) reported that the top 20 cargo hubs handled a combined 51m tonnes last year, representing 43% of global airfreight volumes, […]
The Top 5 container lines serving the United States slightly increased their combined share of imports in 2017, but dominance of their exports receded. The 1 percentage point decline to 55.2 percent in export share among the Top 5 export carriers in 2017 – Maersk Group (Maersk Line, Hamburg Süd, and SeaLand), Mediterranean Shipping Co., […]
Boeing Co. is considering whether to convert used 777 passenger jets into freighters, seeking to capitalize as booming e-commerce sales spur new demand for air freight worldwide, people familiar with the matter said.
Amid a renewed focus from the Trump administration to pass an infrastructure bill, there are encouraging signs elsewhere that Congress will increase spending on the nation’s freight network. Congress tripled the amount going to a popular grant program, and the money – which is headed to US ports for maintenance dredging and jetty work – […]
In one of the first signs that suggest the Chinese New Year has had little effect on air cargo demand this year, the Association of Asia Pacific Airlines (AAPA) said 2017’s airfreight growth has carried well into the new year, reporting a 7.3 percent increase in air cargo volume in February among its Asia-Pacific member […]
It was a busy conference for dangerous goods (DG) last week at IATA’s World Cargo Symposium. In an effort to encourage electronic management DG handling and improve safety, IATA introduced both its Dangerous Goods AutoCheck (DG AutoCheck) platform and its e-Dangerous Goods Declaration (e-DGD) standards.
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