Equipment

China's trade surplus rises in June

by Payload Asia

China's trade surplus was US$20 billion in June, the highest level in eight months, Bloomberg reported. The increase came largely thanks to surging exports, which were up 43.9 per cent year-on-year. But customs officials were quick to warn that troubles in the Eurozone had begun to affect Chinese exports to the region. Weakened US demand, increased wages, and reduced export tax rebates were also working to undermine the competitiveness of Chinese exports and international pressure on China to … [Read more...] about China's trade surplus rises in June

IATA success in standardising cargo liability

by Payload Asia

The International Air Transport Association (IATA) announced the standardisation of cargo liability limits. With effect from 1 July 2010, the Air Waybill (AWB) Conditions of Contract (IATA Resolution 600b) have been changed to harmonise the application of the Montreal Convention liability limit for all air cargo across all routes. IATA says the simplified approach improves efficiency for shippers and forwarders and is consistent with industry efforts to improve competitiveness by simplifying … [Read more...] about IATA success in standardising cargo liability

First run for Rolls-Royce’s new Trent XWB

by Payload Asia

Rolls-Royce (RR) has celebrated the first run of the Trent XWB, the latest member of its Trent aero engine family. The Trent XWB is the fastest-selling Trent engine programme ever, accordingto RR, with more than 1,000 ordered. The engine’s first run on 17 June meets programme commitments set out in 2006. The engine, which will power the Airbus A350 XWB family of aircraft, is the sixth Trent family member. Specifically designed for the Airbus A350 XWB family, the Trent XWB is the … [Read more...] about First run for Rolls-Royce’s new Trent XWB

JetBlue opts for IBS’ iCargo solution

by Payload Asia

After recently completing the implementation of its new passenger reservation system, JetBlue Airways is now implementing IBS’ iCargo solution. iCargo is an integrated solution that optimises operations, enhances profitability and provides scalability to the freight business of airlines. “It’s been a remarkable year at JetBlue Airways,” said the carrier’s system manager cargo, Ed McDonald. “Not only have we implemented a completely new … [Read more...] about JetBlue opts for IBS’ iCargo solution

Mercator joins Descartes’ programme

by Payload Asia

Descartes Systems Group, a federated global logistics network, announced that Mercator, a global provider of technology solutions, has joined Descartes’ United by Design programme to offer broader services to its airline and transportation industry air freight community around the world. Mercator provides an integrated backoffice air cargo management solution which frees cargo airlines from the restrictive ties of traditional legacy-based systems. Combined with … [Read more...] about Mercator joins Descartes’ programme

Cathay Pacific Cargo signs deal with CSafe

by Payload Asia

CSafe, manufacturer of temperature controlled air cargo containers, and Cathay Pacific have signed a master lease agreement for CSafe’s active temperature controlled containers. The agreement enhances the product offerings provided by Cathay Pacific’s PHARMA LIFT service in meeting the needs of healthcare and pharmaceutical customers that require strict temperature control of their products during transport, CSafe said in a statement. The FAA and EASA approved AcuTemp RKN … [Read more...] about Cathay Pacific Cargo signs deal with CSafe