Yangon International Airport welcomed MASkargo the traditional water cannon salute to mark the airline's inaugural freighter flight arrival. Flight MH6062 departed the KLIA at 1855LT and landed in Yangon (RGN) at 2005LT laden with 60 tonnes of cargo for The Golden Land. The aircraft then departed RGN at 2155LT and landed in Bangkok (BKK) at 2340LT. "Yangon is not a new destination for MASkargo as we have been serving the Myanmar market for many years using our passenger flights. Of late, the … [Read more...] about Yangon welcomes MASkargo’s inaugural freighter
Freight Forwarders
May air cargo shows slight pickup amid continuing capacity crunch
The International Air Transport Association (IATA) released data for global air freight markets in May showing a slight improvement in the air cargo market. But capacity remains unable to meet demand as a result of the loss of belly cargo operations on passenger aircraft that have been parked. Global demand, measured in cargo tonne-kilometers (CTKs*), fell by 20.3 percent in May (-21.5 percent for international operations) compared to the previous year. That is an improvement from the 25.6 … [Read more...] about May air cargo shows slight pickup amid continuing capacity crunch
Air cargo takes its first steps to a structural recovery in June
As PPE volumes faded, global air cargo volumes in June provided the first real indicators of structural recovery. The industry seems to be ‘slowly getting back up on its feet’ as volumes in the first four weeks climbed 6 percent versus the full four weeks of May. The latest air cargo market analyses by CLIVE Data Services also showed volumes in the last week of June were 12 percent higher than in the final week of May. The year-on-year performance gap further closed with global volumes at -25 … [Read more...] about Air cargo takes its first steps to a structural recovery in June
Emirates SkyCargo marks a special milestone in Singapore
Emirates SkyCargo has completed 30 years of operations in Singapore. Over the course of three decades, the freight division of Emirates has successfully facilitated trade and supported business links between Singapore and the rest of the world. “Singapore occupies a very important position in the economy of South East Asia and is, therefore, one of our most important cargo stations around our global network. Over the years we have transported an important volume of cargo, over 185,000 tonnes … [Read more...] about Emirates SkyCargo marks a special milestone in Singapore
UK freight association ties up with maritime consultancy to enable its members to benchmark oceanfreight rates
The British International Freight Association (BIFA) has entered into a collaborative agreement with Drewry to help bring the maritime research consultancy's confidential freight rate benchmarking service to members of the trade association. Launched in 2019, Drewry Forwarder Benchmarking Club is designed to meet the specific needs of freight forwarders and non-vessel operating common carriers (NVOCCs) and provides members with the opportunity to confidentially benchmark their ocean carrier buy … [Read more...] about UK freight association ties up with maritime consultancy to enable its members to benchmark oceanfreight rates
Shanghai Renaissance names Tao as vice general manager
As part of a strengthening of its team in Shanghai, the Shanghai Renaissance International Transportation Company Ltd (RENSHA) – which is part of the Hong Kong-based U-Freight Group - has promoted Lily Tao to vice general manager. Ms. Tao started her career in the freight industry as an operations executive with RENSHA in 1995, and was promoted to lead the company's operations team just three years later. In 2003, she was promoted again and appointed operations manager of the company's … [Read more...] about Shanghai Renaissance names Tao as vice general manager