The Air Cargo Association (TIACA) has welcomed the World Customs Organisation (WCO) Council’s adoption of important updates to its SAFE Framework of Standards to Secure and Facilitate Global Trade. As part of the changes, the WCO recently formally adopted the so–called ‘7 + 1’ data set as the requirement for risk data analysis, helping to standardise basic Pre-Loading Advance Cargo Information (PLACI) processes. “This is a major step forward for Advance … [Read more...] about TIACA welcomes WCO’s adoption of SAFE updates
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Ground Handling & Cargo Terminals
Airports Commission advocates Heathrow 3rd runway
The UK’s Airports Commission has recommended a third runway at Heathrow airport while a second runway at Gatwick is described as a ‘credible’ option’. Expansion of the west London hub would add £147 billion (€207 billion) in economic growth by 2050, according to the report. It would also connect the UK to more than 40 new destinations around the world including 10-12 new long-haul routes. An expansion at Heathrow would also allow the airport to … [Read more...] about Airports Commission advocates Heathrow 3rd runway
Cargo growth has “come off the boil”: IATA
The International Air Transport Association (IATA) released data for global air freight markets showing that growth continued to slow in May. Compared to May 2014, growth in freight tonne kilometers (FTK) was 2.1 per cent, the slowest rate this year and outpaced by a capacity expansion of 4.3 per cent. On a year-to-date basis, freight volumes are up four per cent on the previous year, but much of that growth was realised in the latter part of 2014. Carriers in most regions, with the exception … [Read more...] about Cargo growth has “come off the boil”: IATA
Cargo growth has "come off the boil": IATA
The International Air Transport Association (IATA) released data for global air freight markets showing that growth continued to slow in May. Compared to May 2014, growth in freight tonne kilometers (FTK) was 2.1 per cent, the slowest rate this year and outpaced by a capacity expansion of 4.3 per cent. On a year-to-date basis, freight volumes are up four per cent on the previous year, but much of that growth was realised in the latter part of 2014. Carriers in most regions, with the exception … [Read more...] about Cargo growth has "come off the boil": IATA
Modal shift to sea is reversing says Drewry
An ongoing reversal of the much discussed modal shift from air to sea will continue despite the recovery of port operations on the US West Coast following the crippling strike last year, according to the latest report from Drewry Shipping Consultants. The damage done to supply chains ahead of the Thanksgiving and Christmas peaks last year has apparently left a lingering bad taste in the mouths of shippers in some high-value sectors. “As port operations improve on the US West Coast … [Read more...] about Modal shift to sea is reversing says Drewry
Ten-year extension for Hactl
Hong Kong Air Cargo Terminals Limited (Hactl) has signed a new, 10-year extension of its handling franchise at the airport. The new agreement with Hong Kong’s Airport Authority runs from July 2018, when the current franchise expires. Hact chief executive Mark Whitehead said: “I don’t believe we can send a clearer signal about our total commitment both to the airport and to the future of our business. Hactl is here to stay. “We are also committed to on-going investment in … [Read more...] about Ten-year extension for Hactl
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