Due to the coronavirus pandemic, it is no secret that shippers face hefty air freight rates globally due to the limited capacity, caused by sharp declines in passenger flights that typically account for more than 50 percent of freight capacity worldwide. In providing innovative solutions, DHL Global Forwarding announced a multimodal option that brings significant cost-savings to Australian and New Zealand businesses importing goods from Europe. This service combines the speed of air freight for … [Read more...] about DHL Global Forwarding’s multimodal solution reduces cost for Australian and New Zealand importers
Logistics
May air cargo shows slight pickup amid continuing capacity crunch
The International Air Transport Association (IATA) released data for global air freight markets in May showing a slight improvement in the air cargo market. But capacity remains unable to meet demand as a result of the loss of belly cargo operations on passenger aircraft that have been parked. Global demand, measured in cargo tonne-kilometers (CTKs*), fell by 20.3 percent in May (-21.5 percent for international operations) compared to the previous year. That is an improvement from the 25.6 … [Read more...] about May air cargo shows slight pickup amid continuing capacity crunch
Seko advises retailers, e-tailers: ‘It’s time to act’ to protect cross-border e-commerce margins as global postal rates soar to 150%
Retailers, direct-to-consumer brands, marketplaces, and marketplace sellers must take action now to protect their Cross Border eCommerce margins as global postal rates into the U.S. begin to soar by as much as 150 percent from 2 July as they will struggle to pass on additional costs to savvy online shoppers, according to SEKO Logistics. July 1, 2020, heralds the first day of the historic agreement between the Universal Postal Union (UPU) and the United States, which allows the U.S. to set its … [Read more...] about Seko advises retailers, e-tailers: ‘It’s time to act’ to protect cross-border e-commerce margins as global postal rates soar to 150%
Emirates SkyCargo marks a special milestone in Singapore
Emirates SkyCargo has completed 30 years of operations in Singapore. Over the course of three decades, the freight division of Emirates has successfully facilitated trade and supported business links between Singapore and the rest of the world. “Singapore occupies a very important position in the economy of South East Asia and is, therefore, one of our most important cargo stations around our global network. Over the years we have transported an important volume of cargo, over 185,000 tonnes … [Read more...] about Emirates SkyCargo marks a special milestone in Singapore
May passenger demand shows slight improvement, says IATA
The International Air Transport Association (IATA) announced that passenger demand in May (measured in revenue passenger kilometers or RPKs), dropped 91.3 percent compared to May 2019. This was a mild uptick from the 94 percent annual decline recorded in April 2020. The improvement was driven by the recovery in some domestic markets, most notably China. “May was not quite as terrible as April. That’s about the best thing that can be said. As predicted, the first improvements in passenger … [Read more...] about May passenger demand shows slight improvement, says IATA
Demand for greater supply chain resilience to drive uptake of new TAPA security standards
The unprecedented focus on the resilience of global supply chains in the ‘new normal’ post-coronavirus world will lead to a wider adopting of industry standards which secure the movements of goods by all modes of transport and protect the reputations of international brands, says the Transported Asset Protection Association (TAPA) as it marked the launch of the latest 2020 revisions of its Facility Security Requirements (FSR) and Trucking Security Requirements (TSR) in Europe, the Middle East, … [Read more...] about Demand for greater supply chain resilience to drive uptake of new TAPA security standards
