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
Ground Handling & Cargo Terminals
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 … [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 … [Read more...] about Ten-year extension for Hactl
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 … [Read more...] about Ten-year extension for Hactl
AAT speeds up cargo handling by 3 hrs
Hong Kong's Asia Airfreight Terminal (AAT) has announced that it has set itself higher service standards to speed up the handling of general import cargo by up to three hours. The company said in a statement that it "has continuously invested in state-of-art facilities, developing well-trained and professional workforce to enhance the service standards for customers". Under the new service standards, the cargo breakdown time for passenger/combi flights has been reduced by two … [Read more...] about AAT speeds up cargo handling by 3 hrs
SDV to take CEIV Cert to 16 major airports
SDV, a leader in the global supply chain management of pharmaceutical products, is set to become the first freight forwarder to implement IATA’s CEIV Pharma Certification in 16 major airports worldwide. SDV has unveiled its plan to become the first company in the international transport and logistics industry to implement certified worldwide locations under IATA’s programme. The Center of Excellence for Independent Validators (CEIV) Pharma certification programme aims to become … [Read more...] about SDV to take CEIV Cert to 16 major airports