The Air Cargo Association (TIACA) has welcomed the World Customs Organisation (WCO) Council’s adoption of important updates to its SAFE Framework of Standards to Secure and Facilitate Global Trade. As part of the changes, the WCO recently formally adopted the so–called ‘7 + 1’ data set as the requirement for risk data analysis, helping to standardise basic Pre-Loading Advance Cargo Information (PLACI) processes. “This is a major step forward for … [Read more...] about TIACA welcomes WCO’s adoption of SAFE updates
Equipment
Cargo growth has “come off the boil”: IATA
The International Air Transport Association (IATA) released data for global air freight markets showing that growth continued to slow in May. Compared to May 2014, growth in freight tonne kilometers (FTK) was 2.1 per cent, the slowest rate this year and outpaced by a capacity expansion of 4.3 per cent. On a year-to-date basis, freight volumes are up four per cent on the previous year, but much of that growth was realised in the latter part of 2014. Carriers in most regions, with the exception … [Read more...] about Cargo growth has “come off the boil”: IATA
Cargo growth has "come off the boil": IATA
The International Air Transport Association (IATA) released data for global air freight markets showing that growth continued to slow in May. Compared to May 2014, growth in freight tonne kilometers (FTK) was 2.1 per cent, the slowest rate this year and outpaced by a capacity expansion of 4.3 per cent. On a year-to-date basis, freight volumes are up four per cent on the previous year, but much of that growth was realised in the latter part of 2014. Carriers in most regions, with the exception … [Read more...] about Cargo growth has "come off the boil": IATA
Lufthansa Cargo went live with IBS’ iCargo
Lufthansa Cargo went live with IBS' iCargo IT solution at 120 stations in its network, including the three hubs: Vienna, Munich and Frankfurt. This massive transformation was achieved through a seamless system cutover, with Lufthansa Cargo Frankfurt operations in full swing and without major business disruptions. The iCargo system will be operated by around 4,500 Lufthansa Cargo users across the world and will support the global cargo operations of Lufthansa Cargo to over 300 destinations … [Read more...] about Lufthansa Cargo went live with IBS’ iCargo
Lufthansa Cargo went live with IBS’ iCargo
Lufthansa Cargo went live with IBS' iCargo IT solution at 120 stations in its network, including the three hubs: Vienna, Munich and Frankfurt. This massive transformation was achieved through a seamless system cutover, with Lufthansa Cargo Frankfurt operations in full swing and without major business disruptions. The iCargo system will be operated by around 4,500 Lufthansa Cargo users across the world and will support the global cargo operations of Lufthansa Cargo to over 300 destinations … [Read more...] about Lufthansa Cargo went live with IBS’ iCargo
Modal shift to sea is reversing says Drewry
An ongoing reversal of the much discussed modal shift from air to sea will continue despite the recovery of port operations on the US West Coast following the crippling strike last year, according to the latest report from Drewry Shipping Consultants. The damage done to supply chains ahead of the Thanksgiving and Christmas peaks last year has apparently left a lingering bad taste in the mouths of shippers in some high-value sectors. “As port operations improve on the US West … [Read more...] about Modal shift to sea is reversing says Drewry