The European Commission (EC) has delayed, for the second time, the formal announcement of its baseline aviation sector CO2 emissions standard until mid-2010, Bloomberg reported. The EC had originally set a 2 August 2009 deadline for publishing a CO2 baseline necessary for its emissions cap for flights into and out of the EU and its related Emissions Trading Scheme, both which are scheduled to come into effect in 2012. The Commission postponed the date after Europe's main airline associations … [Read more...] about EC postpones emissions standard until 2010
Logistics
IATA growth not quite as good as it seems
The latest International Air Transport Association (IATA) figures for air cargo show a decline of 9.6 per cent year-on-year (y-o-y) in August compared to declines of 11.3 per cent in July and 16.5 per cent in June. But that improving trend is not quite as good as it seems. Remember that it was this time last year when cargo traffic first dipped into negative territory, and so y-o-y comparisons are starting to get better. Comparing traffic figures to 2007 – the peak of the market - … [Read more...] about IATA growth not quite as good as it seems
Damco extends operations to Zimbabwe
A.P. Moller – Maersk Group’s logistics arm, Damco has expanded its operationsinto Zimbabwe, East Africa. “With signs of the Zimbabwe economy stabilising combined with general trends of a more liberal economic environment and increased access to foreign credit, Damco believes that the new office in Harare will play a central role in offering Zimbabwean and regional customers much better commercial opportunities and added flexibility,†said Damco in a … [Read more...] about Damco extends operations to Zimbabwe
CII starts TSA cargo screening
Consolidators International (CII), a leading Los Angeles-based wholesaler, has begun the implementation of screening process under the US Transportation Security Administration (TSA) mandated programme whereby 50 per cent of all freight carried in bellies of passenger aircraft must be screened, and 100 per cent by August 2010. In announcing his company’s new inspection program, CII president Julian Keeling said, “although CII is geared to serve all forwarders with … [Read more...] about CII starts TSA cargo screening
DB Schenker wins Gorgon contract
DB Schenker was awarded an international and domestic Australian “Integrated Logistics Services†(ILS) contract by Chevron Australia to transport material and equipment on a global basis for the Gorgon Project. The ILS contract for the Barrow Island LNG Plant is estimated at A$590 million (US$515.3 million) over four years. DB Schenker anticipates that materials in excess of two million freight tonnes will be moved to module fabrication yards in Asia and/or directly to Australia. … [Read more...] about DB Schenker wins Gorgon contract
TNT launches new specialised spare parts service
TNT has announced the launch of a dedicated service called Storapart, aimed at optimising inventory holding and transportation for critical spare parts around the region. The new service offering is designed to tap growth in the service logistics market, valued at €2.3 billion in the Asia Pacific market and around €410 million in Southeast Asia alone. TNT said the growth of service logistics is attributed to several factors, including as a result of the current downturn, … [Read more...] about TNT launches new specialised spare parts service
