India's logistics sector is likely to cross the US$200 billion by 2020, the country's Minister of State for Road Transport Sarvey Sathyanarayana said recently. "The connectivity and the convenience in operations is the key for sustaining the global trade growth. Currently India's logistics sector is valued at around US$125 billion and is likely to cross the US$200 billion by 2020," he said. He added that the government's increased spending on infrastructue development and greater … [Read more...] about India’s logistics sector to hit US$200 billion by 2020
Freight Forwarders
IATA's June figures offer hope with 1.2% expansion
The International Air Transport Association (IATA) released June figures showing a 1.2 per cent year-on-year expansion in global air freight demand. Although weak, this is a clear improvement when compared to the 0.9 per cent year-on-year demand growth recorded in May and the 0.1 per cent growth realised over the first half of the year. While previously the global economic trend has been defined by robust emerging economies and stagnant growth in developed markets, the strongest improvements … [Read more...] about IATA's June figures offer hope with 1.2% expansion
India's logistics sector to hit US$200 billion by 2020
India's logistics sector is likely to cross the US$200 billion by 2020, the country's Minister of State for Road Transport Sarvey Sathyanarayana said recently. "The connectivity and the convenience in operations is the key for sustaining the global trade growth. Currently India's logistics sector is valued at around US$125 billion and is likely to cross the US$200 billion by 2020," he said. He added that the government's increased spending on infrastructue development and greater … [Read more...] about India's logistics sector to hit US$200 billion by 2020
ALC welcomes Sydney Airport master plan
The draft Sydney Airport Master Plan contains a number of proposals that have the potential to improve freight efficiency in and around the airport, according to the Australian Logistics Council.“ALC welcomes Sydney Airport's renewed focus on freight in its Master Plan and commends it for taking a proactive approach to meet rising demand over the coming decades,” said Michael Kilgariff, ALC managing director. “According to the NSW Government, freight at Australia's … [Read more...] about ALC welcomes Sydney Airport master plan
Etihad Cargo, Atlas Air begin ’round-the-world’ service
Etihad Cargo has announced its first round-the-world freighter routing in conjunction with Atlas Air Worldwide. The jointly operated service began on 30 May 2013, connecting Etihad Cargo’s Abu Dhabi hub with destinations in Asia, the US, South America and Europe. Miami (US), Viracopos (Brazil), and Quito (Ecuador) will become part the round-the-world Abu Dhabi-Hong Kong-Chicago-Miami-Viracopos-Quito-Amsterdam-Abu Dhabi freighter service offered with an Etihad Cargo-liveried B747-8 … [Read more...] about Etihad Cargo, Atlas Air begin ’round-the-world’ service
Clear pointers, direction and targets: GACAG chief
The Global Air Cargo Advisory Group (GACAG) must build on its achievements of the last two years and provide "clear pointers, direction and targets," said its new chairman, Oliver Evans. “GACAG is very much a collaborative effort and therefore each member carries equal responsibility and weight. It is a great honour for each of us to have the responsibility to speak on behalf of the entire air cargo industry, thanks to our efforts to form such a powerful coalition. We have achieved much in … [Read more...] about Clear pointers, direction and targets: GACAG chief
