Hong Kong International Airport reported double-digit cargo growth in July, on the back of strong imports and exports, as passenger traffic slid slightly below pre-pandemic levels. Cargo throughput at HKIA in July grew 12.4 percent to 419,000 tonnes compared to the same month last tear. In June, cargo volume reached 399,000 tonnes, up 11.5 percent year on year. “Transshipments recorded strong growth of 21 percents. Both imports and exports also experienced double-digit growth. Cargo to and … [Read more...] about Hong Kong sees continued cargo growth in July
air cargo freight
Peyton Burnett on TAC Index new routes, developments
TAC Index recently added India to its growing list of air freight rate indices as it takes on a wider coverage for interested and concerned air cargo parties. Payload Asia got a chance to talk to managing director Peyton Burnett almost a month ago as he shared details on the newly published routes as well as the fixable nuisances that are all part of providing reliable data for stakeholders in the air freight industry. Can you explain why these four new routes (or perhaps at least one) have … [Read more...] about Peyton Burnett on TAC Index new routes, developments
SATS shortlisted for Ground Handler of the Year award
SATS is one of the final nominees for the Ground Handler of the Year category at this year's 8th Payload Asia Awards. Here we have Bob Chi, chief operating officer for gateway services, as he shares how the company navigated the unique challenges in 2020, as well as the latest developments for one of Asia Pacific's leading cargo and ground handlers. … [Read more...] about SATS shortlisted for Ground Handler of the Year award
TAC Index adds India to air freight rate indices
After announcing 4 new routes in 19 July, TAC Index is adding the publication of two new outbound indices covering major markets from India to USA and Europe. John Peyton Burnett, managing director of TAC Index, said market indexation will add true 'price discovery' to concerned air cargo parties. TAC Index data is mainly gathered from raw transactional freight forwarder rates, whilst supplemental airline data is used for quality control purposes, the company noted. A month ago, the company … [Read more...] about TAC Index adds India to air freight rate indices
IAI starts modifications on ‘Big Twin’ freighter
Israel Aerospace Industries (IAI) has started the structural modification phase in the conversion of the prototype Boeing 777-300ERSF (special freighter), in partnership with GE Capital Aviation Services (GECAS). The 'Big Twin' project, part of a US$400 million deal signed in 2019, will exit the development process and is now set for structural and systems modification. IAI estimates the process of converting the widebody passenger plane into a freighter aircraft to take around 130 … [Read more...] about IAI starts modifications on ‘Big Twin’ freighter
Qatar Airways, WiseTech Global team up to unify cargo data
Press release Qatar Airways Cargo, the world’s leading air cargo carrier, and WiseTech Global, a leading provider of software solutions to the logistics industry, have commenced implementation of an extensive direct data connection between their global operating systems. The direct data connection between WiseTech’s leading CargoWise platform and Qatar Airways Cargo management system, CROAMIS, streamlines the exchange of critical operational data that reduces risk, complexity and costs for … [Read more...] about Qatar Airways, WiseTech Global team up to unify cargo data