In September 2015, e-AWB global penetration is at 34.1 per cent, up by 2.4 per cent from previous month making this the second month with over two per cent growth. Ethiopian Airlines (ET) were the growth leaders in September with an increase of 8.5 per cent reaching 63.2 per cent e-AWB penetration. China Airlines (CI) followed closely, increasing by 7.2 per cent to reach 45.3 per cent penetration. In 2015, the overall rate of e-AWB adoption is progressing despite often challenging … [Read more...] about E-progress in September, global penetration now 34%
Freight Forwarders
Hong Kong warns “extra vigilance” over lithium batteries
Following four recent incidents of dangerous goods occurrences involving undeclared and/or mis-declared lithium batteries in air cargo that were exported from Hong Kong, the Special Administrative Region’s Civil Aviation Department (CAD) recently told forwarders, handlers and airlines to exercise "extra vigilance”. Among the four cases, three of them involved lithium batteries which were found emitting smoke during cargo disassembling in the warehouse of the destination or transit stop. In … [Read more...] about Hong Kong warns “extra vigilance” over lithium batteries
Hong Kong warns "extra vigilance" over lithium batteries
Following four recent incidents of dangerous goods occurrences involving undeclared and/or mis-declared lithium batteries in air cargo that were exported from Hong Kong, the Special Administrative Region’s Civil Aviation Department (CAD) recently told forwarders, handlers and airlines to exercise "extra vigilance”. Among the four cases, three of them involved lithium batteries which were found emitting smoke during cargo disassembling in the warehouse of the destination or transit stop. In each … [Read more...] about Hong Kong warns "extra vigilance" over lithium batteries
A repetitive story of stagnant volumes and falling yields
Noting the air cargo story of 2015 - stagnant volumes and falling yields - threatens to become repetitive, WorldACD Market Data said August showed a year-on-year (YoY) volume increase of just 0.9 per cent, while month-on-month (MoM) US$-yields fell again, this time by 1.2 per cent ( yields in Aug 2014 decreased by 0.8 per cent vs July 2014). One bright spot: Africa and Latin America, the smaller regions in terms of air cargo, bucked the trend. Africa was clearly the region-of-the-month, … [Read more...] about A repetitive story of stagnant volumes and falling yields
iPhone 6s: China to US by airfreight for US 72 cents
Online freight rate quoting company, Freightos has estimated the cost of shipping the new iPhone 6s via air freight from China to the US would cost Apple US 72 cents per iPhone package. This includes local China trucking and distribution to retailers amounting to 17 cents, making the pure airfreight portion only 55 cents. Freightos undertook the exercise as a demonstration of its new private beta version of its online instant freight quote marketplace. "From some rough calculations, we … [Read more...] about iPhone 6s: China to US by airfreight for US 72 cents
Stifel Logistics Confidence Index sinks to a 26-month low
The Stifel Logistics Confidence Index saw a fourth consecutive month of decline in September. While the Index, at 51.5, remains above the neutral 50 mark, times may be gloomier that the numbers alone suggest, according to the Index's authors. Not only has the Index reached its lowest point in some 26 months, it also recorded its fastest pace of decline since June 2014, a 2.6 point loss against the 54.1 recorded in August. September's most concerning figure comes from the Logistics Situation … [Read more...] about Stifel Logistics Confidence Index sinks to a 26-month low