Air Logistics Group has been appointed as the exclusive GSSA in Europe, the US and Canada, for Wings On-Board Courier Network, the largest global on-board courier provider. Under the agreement Air Logistics Group will provide full sales and customer service support for Wings On-Board. “We are delighted to establish our partnership with Air Logistics Group,” comments Tal Haimovich, CEO Wings-On Board: “We were looking for a GSSA which has a well establish global network and is passionate about … [Read more...] about Air Logistics Group appointed GSSA by Wings On-Board
Courier & Mail
Global FTKs grew by 2.7% in January, but momentum flat: ICAO
According to the latest update from the International Civil Aviation Organisation (ICAO) freight traffic - expressed in freight-tonne-kilometres (FTKs) - grew by +2.7 per cent year-on-year (YoY) in January 2016, +1.9 percentage points higher than the growth in December 2015. This is the highest growth observed since May 2015. Major freight markets continued to grow modestly, with Asia/Pacific growing by +1.3 per cent. Africa and Latin America/Caribbean contracted by - 1.4 per cent and - 3.6 … [Read more...] about Global FTKs grew by 2.7% in January, but momentum flat: ICAO
Chinese New Year confirms air cargo slide in Asia Pacific: WorldACD
Air cargo’s difficult start to 2016 was extended into February with worldwide volumes declining by 3.8 per cent year-on-year (YoY), the largest YoY volume drop in three years, according to the latest analysis by WorldACD Market Data. The origins Asia Pacific and North America were the main culprits with January/February together seeing these destinations posting YoY volume decreases of more than 7.0 per cent. Africa, Europe and Middle East & South Asia each posted around 5.0 per cent … [Read more...] about Chinese New Year confirms air cargo slide in Asia Pacific: WorldACD
Brazil quashes UPS appeal over FedEx’s TNT takeover
FedEx Corporation has gained approval from Brazil's anti-trust authorities as the Conselho Administrativo de Defesa Econômica (CADE) has rejected a third-party appeal filed by United Parcel Service over the takeover. UPS appealed after Brazil unconditionally approved the $4.8 billion deal in February. FedEx has already obtained regulatory approval from anti-trust bodies in the EU, and the US while it is still in pursuit of a similar green signal from authorities in China. The consolidation … [Read more...] about Brazil quashes UPS appeal over FedEx’s TNT takeover
Brazil quashes UPS appeal over FedEx's TNT takeover
FedEx Corporation has gained approval from Brazil's anti-trust authorities as the Conselho Administrativo de Defesa Econômica (CADE) has rejected a third-party appeal filed by United Parcel Service over the takeover. UPS appealed after Brazil unconditionally approved the $4.8 billion deal in February. FedEx has already obtained regulatory approval from anti-trust bodies in the EU, and the US while it is still in pursuit of a similar green signal from authorities in China. The consolidation … [Read more...] about Brazil quashes UPS appeal over FedEx's TNT takeover
Air cargo in the ‘new mediocre’ of global economic growth
The global economy is growing, but growing at a lower rate than anticipated, said George Anjaparidze, senior economist, IATA who went on to cite International Monetary Fund (IMF) CEO Christine Lagarde who recently warned that the world was on the threat of entering a new phase of mediocre growth becoming the new reality. “And that’s exactly what we’re seeing,” added Anjaparidze. The advanced economies are still growing, but very slowly he noted with emerging economies growing far below their … [Read more...] about Air cargo in the ‘new mediocre’ of global economic growth
