The International Air Transport Association (IATA) announced international scheduled traffic statistics for May which showed a 34.3 per cent jump in freight demand and an 11.7 per cent increase in passenger traffic and compared to May 2009. “Demand rebounded strongly in May following the impact of the European volcanic ash fiasco in April. Passenger traffic is now 1 per cent above pre-recession levels, while the freight market is 6 per cent bigger,†said Giovanni Bisignani, IATA's … [Read more...] about Air cargo demand continues rebound: IATA
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WCO and TIACA agree on closer cooperation
The World Customs Organization (WCO) and The International Air Cargo Association (TIACA) have signed a Memorandum of Understanding to help identify how the air cargo industry can assist in priority Customs objectives and to discuss how these can be best achieved with minimum disruption to commercial operations. The new agreement aims to keep customs and the air cargo industry better informed of each other's developments and requirements through a wide-ranging exchange of dialogue and … [Read more...] about WCO and TIACA agree on closer cooperation
China will be biggest manufacturer in 2011
The US is poised to lose its 110-year run as the world's largest manufacturing nation by output, in 2011 to China, according to IHS Global Insight figures released recently. The US created 19.9 per cent of world manufacturing output last year, compared with 18.6 per cent in China, despite the global downturn. According to IHS, a US-based economics consultancy, goods output by the US totaled US$1.7 trillion, ahead of China at US$1.6 trillion. However China's factory output in 2011 will reach … [Read more...] about China will be biggest manufacturer in 2011
DHL to invest €50M to grow service logistics stake
Aiming to capture a growing slice of the €3 billion outsourced Service Logistics market in Asia Pacific, DHL Supply Chain has announced plans to invest €50 million over the next five years to grow its Technical Services offering, part of its overall Service Logistics solution. DHL has also appointed an IT industry veteran to head this sector and opened its first technical services competency centre in Asia, co-located at its 200,000 sq ft Penang Logistics Hub in Malaysia offering … [Read more...] about DHL to invest €50M to grow service logistics stake
Canada to screen cargo in passenger bellies
In a move mirroring steps already well underway in the US, the Canadian government has announced a C$96 million (US$88.8 million) plan aimed at improving the security of Canadian air cargo, citing the potential for terrorist attacks within the commercial cargo system. The new measures, to be phased in over five years, include additional screening technologies and more stringent security checks for companies that screen cargo. While all cargo will be subject to the new measures, screening methods … [Read more...] about Canada to screen cargo in passenger bellies
Emirates, DHL form security partnership
Emirates and DHL have signed a Memorandum of Understanding (MOU) to establish a strategic security partnership to enhance air cargo security in the region. Through this partnership, Emirates Group Security and DHL Express will strengthen their collaboration in air cargo security, share best practices and information on security threats, and promote joint training and educational activities. The MOU will enable Emirates Group Security and DHL Express to work more closely together in areas of … [Read more...] about Emirates, DHL form security partnership
