QATAR Airways Cargo has commenced new scheduled B777 freighter operations in the Americas. The twice-weekly services depart from Doha via Luxembourg, the cargo carrier’s European hub and stop at Såo Paulo in Brazil, Buenos Aires in Argentina and Quito in Ecuador, before arriving in Miami, Florida.
Detention and demurrage petition gains more support
Additional shippers and logistics companies have expressed support on a call for the Federal Maritime Commission (FMC) to provide guidelines on detention and demurrage charges. In December, a group of 25 shippers and logistics companies, called the Coalition for Fair Port Practices, asked the FMC to address fees imposed on shippers when they can’t pick-up […]
IATA: Airfreight market grows 3.8% in 2016
Global airfreight volumes in 2016 rose 3.8 percent compared with the previous year, according to the most recent data from the International Air Transport Association (IATA). IATA noted the increase was nearly double the industry’s average growth rate of 2.0 percent over the last five years, with all regions except Latin America showing positive freight […]
Imports Surge at U.S. Ports
Imports surged at the nation’s ports in January, buoyed by a post-election swell in consumer confidence, retailer restocking after the holidays and a strong dollar that made imported goods cheaper. (This article requires a subscription to the Wall Street Journal. To access, please click on the above link.)
Port Tracker calls for strong annual growth in first half of 2017
While United States-bound retail container volumes trended down in December, the over all outlook for 2017 volumes appears to be solid, according to the most recent edition of the Port Tracker report issued by the National Retail Federation (NRF) and maritime consultancy Hackett Associates.
Dallas adds to cool chain capabilities
Dallas Fort Worth International (DFW) airport is adding to its cold chain storage facilities in response to the growth in pharma and perishables traffic. Expected to be operational this summer, the transfer facility will give DFW the ability to control warehousing temperatures for shipments of pharmaceuticals, flowers and fresh foods.
Transports Put Up Strong Week Led By LTL And Container Shipping Line Companies
• Transports are now up 3.1 percent; whereas the SPY is up 2.4 percent. • President Trump and U.S.-Mexico issues continue to garner headlines. • Mexico indices and select individual companies performed strongly during the week. • Slower GDP growth for the fourth quarter isn’t such a bad thing; but getting the federal budget passed […]
IATA, UNCTAD Collaborate to Boost Global Adoption of Cargo Messaging Standards
The International Air Transport Association (IATA) and the United Nations Conference on Trade and Development (UNCTAD) announced that IATA’s Cargo-XML messaging standard has now been fully integrated into ASYCUDA World, the UNCTAD automated customs management system used by 90 countries worldwide for their customs procedures.
Cargo-Dedicated Airport Speeds Supply Chain Efficiency
Rickenbacker International Airport, one of the world’s only cargo-focused airports, offers an uncongested option to move air cargo to, from, and within the United States.
December airfreight prices remain ahead of 2015 levels
Airfreight prices continued to track ahead of the year-ago level in December, despite a seasonal drop-off in prices.The latest figures from consultant Drewry’s Sea & Air Shipper Insight report shows that the average buy rate across 21 major east-west routes reached $3.14 per kg in December.