We have of course been sitting on this one for several months, knowing that soon the ever enigmatic Giovanni Bisignani was set to retire.Out of respect, political correctness and other various rubbish reasons we decided that it just wasn't the time to run the following piece. But now that the IATA iconoclast is packing his bags for clean and green Singapore preparing for his new career as a lecturer, we reckon the time is as good as any! We've probably all received emails promising millions if … [Read more...] about Change of banking details…
Freight Forwarders
Toll Global Forwarding on a roll
With rapid growth taking the company from a an A$27 million (US$28.7 million) company in 1990 to a $10 billion company by 2006, its potential for growth in the Australian market was nearing its limit. Things changed dramatically for the home-grown company when the Australian competition authorities ruled its business was anti-competitive. The result saw the organisation splitting into two, with ports, stevedoring and its rail freight business being hived off. This development was in reality … [Read more...] about Toll Global Forwarding on a roll
Still some turbulance in Japan’s air cargo sector
A mixture of asset write-downs, restructuring, consolidation and recovery is on the cards for the Japanese airfreight sector, according to a new report from Business Monitor International . The bankrupt Japan Airlines (JAL), Asia's largest air carrier, was expected to have registered an operating loss of nearly US$1.7 billion in the fiscal year ended 31 March 2010. This was attributed to a sharp decline in revenues resulting from a rapid slowdown in the Japanese economy. After 2009's very steep … [Read more...] about Still some turbulance in Japan’s air cargo sector
Still some turbulance in Japan's air cargo sector
A mixture of asset write-downs, restructuring, consolidation and recovery is on the cards for the Japanese airfreight sector, according to a new report from Business Monitor International . The bankrupt Japan Airlines (JAL), Asia's largest air carrier, was expected to have registered an operating loss of nearly US$1.7 billion in the fiscal year ended 31 March 2010. This was attributed to a sharp decline in revenues resulting from a rapid slowdown in the Japanese economy. After 2009's very steep … [Read more...] about Still some turbulance in Japan's air cargo sector
TSA claims 100% screening a success, but int’l in a “few years”
The US Transportation Security Administration (TSA) has said the 1 August deadline for 100% screening of air cargo on domestic passenger aircraft was successfully implemented, but that the same goal for international cargo would only be met in a "few years" time. The TSA said it is continuing its work to improve cargo security on passenger flights originating in other countries, with TSA administrator John S. Pistole saying: "International air cargo is more secure than it has ever been." "TSA … [Read more...] about TSA claims 100% screening a success, but int’l in a “few years”
TSA claims 100% screening a success, but int'l in a "few years"
The US Transportation Security Administration (TSA) has said the 1 August deadline for 100% screening of air cargo on domestic passenger aircraft was successfully implemented, but that the same goal for international cargo would only be met in a "few years" time. The TSA said it is continuing its work to improve cargo security on passenger flights originating in other countries, with TSA administrator John S. Pistole saying: "International air cargo is more secure than it has ever been." "TSA … [Read more...] about TSA claims 100% screening a success, but int'l in a "few years"
