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 […]
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). […]
Despite the goal of newly consolidated carriers to reassert themselves to create value in the supply chain, rate volatility and how that alienates key customers and further strengthens non-vessel-operating common carriers (NVOCCs) may permanently limit carriers’ role to provide wholesale capacity. In other words, some are suggesting that carriers are digging themselves into a hole […]
It’s not often the Finance Department and the Bank of Canada come so close to bumping heads on major policy announcements – but they will this week. Both government institutions – linked at the hip, but still staunchly guarding policy independence – are set to reveal their latest economic assessments and forecasts, one day after […]
While transpacific oceanborne traffic was especially robust this past peak season, industry analysts were also impressed by the air cargo surge in the region. If this trend is to continue, however, the need for improved airport infrastructure is obvious.
European airlines saw cargo demand ramp up in September as the peak season started to get underway. The latest data from airlines based in the European region show that demand was up across the board in September compared with August. In fact, Lufthansa, IAG and Finnair all had their busiest September since Air Cargo News […]
Operating mega-ships of 22,000 TEU was not the way forward and will place mounting pressure on landslide operations, believes Jeremy Nixon, the CEO of new Japanese carrier Ocean Network Express (ONE). While mega-ships may be required on some routes, Nixon told the JOC’s TPM Asia conference in Shenzhen that he remained unconvinced at the need […]
U.S.-NAFTA freight totaled $89.2 billion in July, the U.S. Department of Transportation reported today. That’s 6.5 percent more than in July 2016, and makes the ninth consecutive month in which the year-over-year value in NAFTA freight had a year-over-year monthly increase. Trucks continued to be the most highly utilized transport mode, carrying 63.2 percent of […]
The air cargo landscape is undergoing change with more players seeking to control assets and enter the market, but there will always be a role for the middleman, according to one speaker at the Caspian Air Cargo Summit. Speaking at the two-day conference in Baku, PAS Aviation Logistics managing director Peter Scholten explained that there […]
As any world traveler knows, situations can get confusing when the parties involved don’t share a common language. The same holds true in air cargo when it comes to digitizing across platforms, and industry organizations are taking steps to overcome the cargo language barrier.
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