Even as global air freight volumes continue to rise and the express and retail market balloons, freighter operators have been zooming in on converted narrowbody aircraft. Sharang G reports on the booming P2F market. The International Air Transport Association (IATA) released data for global air freight markets showed that demand, measured in freight tonne kilometers (FTKs), increased by 11.4 per cent in July 2017 compared to the same period a year ago: Fourth time in five months … [Read more...] about Lean is in
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Thai Air cargo
The strategy to upgrade its operations and capabilities across the board is a bid to improve revenues and positioning, with any expansion of business coming later, Sawangcharoen explained. Among the improvements planned is getting the Good Distribution Practices (GDP) Certification for pharmaceuticals, which it expects to have by the end of 2018, Sawangcharoen said. THAI believes this will strengthen its position as a carrier of value-added products and in turn also … [Read more...] about Thai Air cargo
Singapore Airlines Cargo embraces change
Along with other stakeholders of the air cargo industry and its supply chain, Singapore Airlines Cargo, a wholly owned subsidiary of Singapore Airlines, started the year off on a positive note. Achieving important milestones, the carrier has seen healthy growth, despite the unexpected loss from 2016 fourth-quarter. Payload Asia has the story. The beginning of 2017 saw Singapore Airlines (SIA) Cargo reaching important milestones, as well as making moves planned to improve efficiency … [Read more...] about Singapore Airlines Cargo embraces change
Ready to bloom
Two years ago, at a roundtable session on intra-Asia trade at the Payload Asia Conference, Mark Whitehead, chief executive of Hong Kong Air Cargo Terminals Ltd (Hactl) said the 4.4 billion people in Asia would drive the market in the next few years. His calculation was simple: 1.4 billion from China, 1.3 billion from India and 600,000 from the ASEAN nations (Association of Southeast Asian Nations). Since then, the figures have changed and the numbers have grown. The … [Read more...] about Ready to bloom
Malaysia to host Global Logistics Meet
The international logistics community will gather for the 56th FIATA World Congress, to be held in Kuala Lumpur from 4 – 8 October this year. Hosting this prestigious event is the Federation of Malaysian Freight Forwarders (FMFF), the national association which represents the logistics industry in the country, and actively supported and endorsed by Malaysia’s Ministry of Transport (MOT). The FIATA World Congress is one of the largest and most important events in the … [Read more...] about Malaysia to host Global Logistics Meet
Banding together in times of distress
The 2017 Atlantic hurricane season has been very active, with Hurricanes Irma and Maria tearing through its path, leaving devastating aftermath across an extensive region. Many residents were left homeless and in dire need of food, water and shelter. It is times like these that prove just how crucial a time it is to be able to deploy fast response logistics services, especially to deliver humanitarian aid to the worst affected areas. It truly was heart warming to see so many air cargo … [Read more...] about Banding together in times of distress
