The pharma-logistics sector is facing a “shaky future” and needs to quickly embrace supply chain reform according to supply chain champion, Alan Kennedy speaking at the FlyPharma 2015 Conference in London on last month. Kennedy stressed that service providers need to embrace more integrated working practices if they are going to meet the escalating cost and performance demands coming from pharma shippers. According to Kennedy, the pharma-logistics sector is facing a very shaky future as an … [Read more...] about Pharma-logistics sector is “behind the curve”
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Drewry: How low can air freight rates fall?
Air freight rates stabilised in July, bringing to an end seven consecutive months of falling pricing in the wake of a marked slowdown in world cargo demand, according to Drewry. UK-based Drewry noted that its East-West Air Freight Price Index recovered 2.0 points in July to a reading of 90.3, lifting it off its lowest ever level since the index was first launched in May 2012. In US dollar terms, this still left the benchmark well below the $3 per kg threshold, fi rst breached in May, but made … [Read more...] about Drewry: How low can air freight rates fall?
Airfreight demand falls again in July: IATA
The International Air Transport Association (IATA) released data for global airfreight markets showing a fall in air cargo demand in July compared to the same month last year. Airfreight volumes measured in freight tonne kilometers (FTK) fell 0.6 per cent, in line with weaker global economic growth. Th e decline was broad-based across all regions with the exception of Africa and the Middle East. Th e most pronounced falls were in the Americas, where international FTK volumes were down more … [Read more...] about Airfreight demand falls again in July: IATA
Global airport volumes up 4.7 per cent in 2014: ACI
Worldwide airport cargo volumes rose by 4.7 per cent in 2014, year-on-year to 102 million tonnes, wiThpositive levels of growThacross all six regions according to the Airports Council International (ACI) in the latest edition of its World Airport Traffic Report. Hong Kong (HKG) and Memphis (MEM) take the first and second places respectively for the busiest air cargo airports wiTh4.4 million and 4.3 million tonnes of cargo handled in 2014. Airports in the Asia-Pacific region handled the … [Read more...] about Global airport volumes up 4.7 per cent in 2014: ACI
Panalpina, Spread do China reverse logistics
Panalpina sees reverse logistics as a strategic area for growThand to complement its business off ering in the technology sector, it has entered into a strategic alliance wiThHong Kong-based company Spread Logistics. Under this alliance the two companies now pick up faulty consumer electronics at origin, do failure analyses and – if need be – return them to the original manufacturer in Mainland China. The customer gains visibility of all return materials in the supply chain and can make … [Read more...] about Panalpina, Spread do China reverse logistics
Kerry goes robotic for e-commerce fulfilment
Kerry Logistics Network Limited, a leading logistics service provider in Asia, has introduced six fully automated and programmed robotic butlers at its flagship facility PC3 in Hong Kong to meet the ever-growing consumer demands in online shopping. Kerry Logistics is one of the fi rst 3PLs in Asia to adopt robotic butlers in its operations to enhance fulfi llment effi ciency and accuracy. Today, speed-to market order fulfi llment is the key to success in the retail industry, noted Kerry. Th e … [Read more...] about Kerry goes robotic for e-commerce fulfilment
