Iata: yields and revenue should stay stable
The International Air Transport Association (Iata) has released data for global air freight markets showing that demand in 2022 took a significant step back from 2021 levels but was close to its performance in 2019. Willie Walsh, Iata's director general, mentioned... plus
3PL in the worldwide perspective
Armstrong & Associates (A&A), a publisher of third-party logistics (3PL) market information and consulting, has released its latest research report. According to the study “Downshift: Latest Global and Regional Logistics Costs and Third-Party Logistics Market Trends and... plus
Global Air Charter Service heads to the capital
The global aircraft charter specialist Air Charter Service has inaugurated a new branch in Washington DC, serving the Virginia and Delaware regions as well as the capital. Joel Fenn has been appointed as CEO of the new office, which is the company’s ninth in USA. Fenn, who... plus
ZXB service enhanced
ZIM is updating its US-Asian ZXB (Xpress Baltimore) weekly service, which it introduced in March 2022. Starting from late February 2023, the ZXB weekly rotation will be the following: Jakarta – Laem Chabang– Cai Mep – Haiphong – Yantian – Kaohsiung – Panama Canal – Kingston –... plus
Wagon acquired for heavy loads transport
Tanzania-Zambia Railway Authority (Tazara) has purchased a 200 t well-wagon for USD 1 million. It will be used for transporting out of gauge or abnormal loads such as turbines and other components for the Julius Nyerere hydro power plant from Dar es Salaam to Fuga Station.... plus
Digitisation to drive air cargo hub in Goa
GMR Goa International Airport, a subsidiary of GMR Airports Limited (GAL), was inaugurated in December 2022, and the domestic air cargo operations went live from an interim facility at the airport, supported by a digital solution in January. Provided by Kale Logistics... plus
Sunny side of the East Coast
The Georgia Ports Authority (GPA) on the US East Coast handled 5.9 million teu in 2022, an increase of 5% compared to 2021. It was not only an annual record. The Port of Savannah achieved four of its top five months for container volume last year, with August at the top... plus
Challenges for Germany’s air freight industry
The volume of air cargo volumes handled at Germany’s airports has declined. The member companies of the German Association of Air Cargo Handlers (Vacad) handled a total of 1,766,739 t in 2022, around 9% less than in 2021. After a record increase in 2021 (plus 24%) due to the... plus
Schneider Transport expands UK business
Road haulier Schneider Transport is acquiring Global Freight Connections (GFC) in Basildon, UK and thus strengthening its activities on the English market and in the Greater London area. GFC is a medium-sized freight forwarding company offering a full range of logistics... plus
Fresh juice for Scan Global
Copenhagen (Denmark)-based Scan Global Logistics (SGL) has found allies to fund its ambitious expansion plans. The company has sold the majority of its shares to CVC Capital Partners Fund VIII (CVC) via its original investor group led by AEA Investors Small Business Private... plus