Airbus predicts 50% more freighters by 2038 
In its global market forecast 2019-2038, Airbus sees the world’s freighter aircraft fleet set to more than double from today’s nearly 1,800 to just over 2,800 aircraft. A combination of 2,500 newly built and converted freighters will be needed with 60% for replacement and 40%... more
Canberra airport shares freight opportunities
The preliminary draft 2020 master plan, which is available for public comment from today, 19 September 2019, presents the vision for Canberra airport (Australia) for the next 20 years. It outlines the opportunity for launching an overnight express freight hub in response to... more
150 new flat cars for timber transport
In Russia, rail car manufacturer United Wagon Company (UWC) and railway transportation company VTG Rail Russia have signed a contract for the supply of 150 flat cars fitted with bogies with a 25 t axle load for timber products. The shipment is set to be completed by the end of... more
Mapletree Logistics Trust acquires warehouse in Australia
Mapletree Logistics Trust Management has entered into a conditional forward purchase agreement with Wooreddy Investments for the acquisition of a warehouse in Truganina, a suburb of Melbourne (Australia) at a property purchase price of AUD 18.4 million (EUR 11.4 million).... more
Iumi has mixed expectations for maritime insurance
Sean Dalton, chairman of Iumi's (International Union of Marine Insurance) cargo committee, recently reported a 2.5% increase in 2018 global premiums to USD 16.6 billion. However, the rise was largely attributable to growth in global trade and exchange rate fluctuations.... more
Second B747F for first service to Europe
After adding the second B747-400ERF to its fleet SF Airlines set up its first intercontinental service. With a length of 9,540 km the connection Wuxi (China) - Chongqing (China) - Frankfurt-Hahn (Germany) - Wuxi is the longest service the Chinese cargo airline offers in its... more
IRU demands to safeguard the role of road transport
The International Road Transport Union (IRU) has launched a new manifesto and is calling on international organisations, governments and industry stakeholders to safeguard the role of road transport in driving economic prosperity. The IRU manifesto lays out clear... more
U-Freight certified to screen air cargo in Hong Kong
The U-Freight Group (UFL) has become one of the first freight forwarders to have one of its logistics hubs in Hong Kong certified by the Hong Kong civil aviation department (CAD) as a regulated air cargo screening facility (RACSF). Over two years ago, the U-Freight Group... more
ACI calls for an end to trade disputes
According to the latest World Airport Traffic Report published by Airports Council International (ACI) World, the world’s airports accommodated 122.7 million t of cargo last year. Global year-over-year volume fell by -1.7% in December 2018 against the previous year, bringing... more
Another round of mega carriers
The Taiwan-based carrier Evergreen Marine has changed its strategy. Instead of a broad chartering plan, the shipping line now ordered 23,000-teu ships from three separate shipyards at a cost of between USD 1.4 billion and USD 1.6 billion. Thus, the plan to charter up to 11... more