The International Air Transport Association (IATA) released February data for global air freight markets showing a sharp increase in year-on-year air freight volumes. Growth measured by freight tonne kilometers (FTK) was up 11.7 per cent in February, compared to February 2014. Capacity grew 7.4 per cent. Much of the impressive February result is due to the timing of the Lunar New Year activities. Air freight is given a strong boost in the weeks leading up to the holiday, which last year fell … [Read more...] about IATA: CNY, US port delay boost Feb air freight
Logistics
China Air begins Taoyuan-Shenzhen
Taiwan's China Airlines (CAL) has launched a new freighter service from Taoyuan to Shenzhen. The airline will operate three flights per week on this route using B747-400F jets. CAL said it is believes the new route could meet the growing demand for the shipment of consumer electronics and express air parcel as Shenzhen is a major hub for e-commerce and online shopping. Eyeing more lucrative cargo business in 2015, CAL said it hopes the route could help establish a more comprehensive shipping … [Read more...] about China Air begins Taoyuan-Shenzhen
Menlo expands automotive presence in India
Menlo Logistics announced that it has expanded its automotive logistics operations in India, moving to a new after-sales spare parts facility in Dharuhera, near New Delhi in Haryana state. The 3,846 sq m facility is managed on behalf of a global brand-named client and is situated in an OEM automotive parts cluster. Close to the highway network, the warehouse provides access to a car transporter hub and also Delhi International Airport, which is 66 km away. “Our customers are … [Read more...] about Menlo expands automotive presence in India
DPDHL expands Teach For All in APAC
Deutsche Post DHL Group (DPDHL) has extended its partnership with global not-for-profit organisation Teach For All in Asia Pacific, to Bangladesh and Malaysia, helping to boost educational opportunities and employability within the two countries. The move brings the total number of country partnerships between DPDHL and Teach For All partners to 10, with a total of four in Asia Pacific. Christof Ehrhart, executive vice president, corporate communications and responsibility, Deutsche Post … [Read more...] about DPDHL expands Teach For All in APAC
SCS adopts CargoSphere’s rate platform
CargoSphere, a cloud-based global rate management solution and confidential Rate Mesh for the ocean and air transportation and logistics industries, announces that Supply Chain Solutions (SCS), a supply chain management company, has adopted the CargoSphere rate technology platform to systematise rate and contract management and rate mesh networking. SCS’s primary objective is to transform time-consuming, inefficient manual rate processing practices into one comprehensive, efficient … [Read more...] about SCS adopts CargoSphere’s rate platform
FAA fines Neovia Logistics for hazmat violations
The Federal Aviation Administration (FAA) proposes a civil penalty of US$116,250 against Texas-based Neovia Logistics Services for allegedly violating hazardous materials regulations. The FAA alleges that on 11 July 2014, Neovia offered a package of six one-gallon containers of corrosive liquid to UPS for shipment by air. A UPS employee discovered the hazardous material after the shipment began leaking. The package was not declared to contain hazardous materials and the materials offered … [Read more...] about FAA fines Neovia Logistics for hazmat violations
