Eight of Asia Pacific’s logistics hubs are considered ‘global’ and will continue to dominate until 2030 according to CBRE’s recently launched Asia Pacific Logistics Hubs 2015 report. These Asia Pacific hubs include: Greater China’s Hong Kong, Guangzhou, Shanghai, Shenzhen, Tianjin; Japan’s Tokyo, Osaka-Kobe; and Singapore. In order to produce this latest report, CBRE developed a new model for ranking the region’s logistics hubs based on primary demand drivers: Infrastructure developments, market … [Read more...] about Eight global log hubs to remain dominant in Asia: CBRE
air cargo freight
IAG Cargo expands its EuroConnector service by 26 stations
IAG Cargo has significantly increased its European network by adding 26 new stations via its Vueling network. A total of 128 European stations are now available on IAG Cargo’s network; giving customers even more point to point connection options. The new stations will open up export to businesses in Europe’s smaller, provincial airports in addition to bigger European hubs. IAG Cargo’s time definite EuroConnector service will allow businesses to ship goods under 300 kilos in, out of and around … [Read more...] about IAG Cargo expands its EuroConnector service by 26 stations
Qatar Airways first carrier to fly A350 to US, readies Philly service
Qatar Airways became the first airline to fly the A350 to the US with the ferry flight leaving Hamad International Airport on the morning of 8 December, landing at JFK International later in the same day. Qatar Airways was the global launch carrier of the A350 and is the first to fly the aircraft to three continents; the airline’s fleet of seven A350s currently flies twice a day to Frankfurt, daily to Munich and three times a day to Singapore from Doha. An eighth A350 will join the fleet … [Read more...] about Qatar Airways first carrier to fly A350 to US, readies Philly service
BIFA frustrated by possible delay on Heathrow runway decision
The trade association for UK freight forwarders and logistics service providers has expressed its frustration that a decision on the expansion of UK airport capacity is likely to be delayed for a further six months. In June this year, following the Airports Commission report on airport capacity in the UK, the British International Freight Association (BIFA) said that it backed the report’s proposal that the UK must push ahead on the expansion of aviation capacity with a new runway at … [Read more...] about BIFA frustrated by possible delay on Heathrow runway decision
HK signs loan US$600m loan deal for third runway
The Airport Authority Hong Kong has signed a five-year, US$600 million evolving credit facility with 21 local and international banks participating, to help finance the expansion to a three-runway airport. Jack So Chak-kwong, the authority’s chairman, said a third runway is vital for HKIA’s cargo business, which handled 4.38 million tonnes in 2014 – a 6.0 per cent rise over the previous year. For the first six months of 2015, cargo traffic at HKIA was mostly flat, rising just 0.6 per cent, … [Read more...] about HK signs loan US$600m loan deal for third runway
PAL mulls move to Clark as NAIA congestion losses rise
Philippine Airlines, Inc. (PAL) said its losses reach around US$1,780 for every 30-minute delay in its flights due to the runway congestion at Manila's Ninoy Aquino International Airport (NAIA). Jaime J. Bautista, president and chief operating officer of PAL, made the comments in New Zealand during a ceremony marking the inaugural Philippine Airlines four-times weekly flight from Manila to Auckland on 8 December. “Many times we fly around Metro Manila for additional 20 to 30 minutes - we did … [Read more...] about PAL mulls move to Clark as NAIA congestion losses rise
