Boeing holds a little-known patent that could revolutionize the way air freight moves. In December of 2015 the company patented a design for a cargo ship that can roll over a row of 20-, 40-, or 53-foot intermodal shipping containers, lower itself, lock them into place, and then proceed down the runway and take off. […]
E-commerce makes peak season for air cargo year-long
The impact of e-commerce on the air cargo market this year has been immense as rapidly rising online ordering drives up demand for cross-border shipments. Nowhere is this more apparent than in China, with Alibaba claiming that more than a million retailers participated in the country’s Singles’ Day Nov. 11 online shopping extravaganza. Alibaba said […]
NRF: US Container Ports to Witness Flat November Imports
After months of record-setting volume ahead of the holiday season, imports at major US container ports should be essentially flat this month compared with the same time last year, the National Retail Federation and Hackett Associates said.
US regulators move to ease NVOCC contracting rules
US maritime regulators have proposed changes designed to make it easier for non-vessel-operating common carriers (NVOCCs) to provide negotiated rate and service arrangements. NVOCCs cheered the unanimous vote by the Federal Maritime Commission (FMC) to issue a notice of proposed rulemaking in response to a 2015 petition by the National Customs Brokers and Forwarders Association […]
Air freight may be project cargo’s most volatile move
Even without the threat of natural disasters, the shipment of outsized or heavyweight air freight has always demanded agility, speed, and quick thinking from forwarders, charter brokers, and carriers. The inherent complexities, coupled with economic and market forces, make project air freight possibly the most volatile, challenging, and least understood niche in global logistics. Air […]
American Airlines adds third non-stop Beijing connection
American Airlines (AA) has launched daily non-stop B787-7 Dreamliner flights between Los Angeles and Beijing – its third direct link with the Chinese capital. AA also flies to Beijing from Chicago and Dallas.
No autumn blues for air cargo, says WorldACD
The air cargo industry has gone from dejection to elation in just a year, said analyst WorldACD in its latest report, covering September. WorldACD points out that September 2016 saw volume growth of more than 5% year-over-year (YoY), a level not seen for two years in “the beleaguered air cargo world”. Its prediction that October […]
Freighters paying the price for fast growing aviation business
Shippers to Europe may face having to reconfigure their air cargo supply chains as overloaded hub airports revoke freighter slots and force the all-cargo flights to alternative and often less efficient smaller airports. This is a scenario that has been raised by developments at Amsterdam Schiphol, Europe’s third busiest air cargo hub, where from Nov. […]
Moore Stephens: Vessel Operating Costs to Rise in 2017 and 2018
Vessel operating costs are expected to increase in both 2017 and 2018, according to the latest survey by international account and shipping consultant Moore Stephens. Repairs & maintenance and spares are the cost categories which are likely to increase most significantly in each of the two years. The survey, based on responses from key players […]
Cargo demand up in Asia Pacific but carriers still face pressure
Asia Pacific carriers reported another month of cargo growth in September, but continued to come under pressure due to fierce competition in the region. The latest figures from the Association of Asia Pacific Airlines (AAPA) show that cargo demand increased by a “solid” 11.4% year on year in September to 6bn freight tonne km (FTK). […]