A new air cargo route between Changsha (capital of Hunan province) and Osaka in Japan was launched on 17 November using a Boeing 757 freighter operated by Chinese cargo carrier SF Airlines, according to Xinhua News. The maiden flight carried mainly electronic components, clothing and lithium batteries. The service has a load capacity of 25 tonnes and is scheduled five times a week. Yang Li, head of the logistics office of the Changsha municipal government, said this was the first time that … [Read more...] about New air cargo route links Changsha to Osaka
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DSV tests drone system to improve warehouse operations
In a collaboration with tech innovator Verity, DSV will be implementing an autonomous drone system in several of its warehouses to help manage inventory. Inventory management traditionally involves manual barcode scans to count the warehouse inventory and keep track of stock. Manual counts often result in inventory data not being up to date due to discrepancies. The DSV Innovation Hub collaborated with Verity to test the system at the Moerdijk warehouse in the Netherlands, completing … [Read more...] about DSV tests drone system to improve warehouse operations
Charter carriers under ECS Group connect to cargo.one
Starting November, capacity of charter carriers Condor, TUI and Sunclass, managed by ECS Group, will be available on cargo.one in Germany, followed by other key European countries such as Belgium and the Netherlands, a press release confirmed. Freight forwarders can check the cargo booking platform to check the capacity at real-time prices for online booking and instant confirmation. Also read: Air cargo booking platform cargo.one bags $18.6 million in series A funding ECS Group said it … [Read more...] about Charter carriers under ECS Group connect to cargo.one
Air cargo to grow 4 percent yearly until 2039, according to Boeing
Boeing predicts world air cargo traffic to grow at 4 percent per year over the next 20 years, influenced by trade and growing express shipments to support e-commerce, according to its newest forecast. The report said Asia will continue to lead the world in average annual air cargo growth, with domestic China and intra-East Asia and Oceania markets expanding 5.8 percent and 4.9 percent per year, respectively. The East Asia–North America and Europe–East Asia markets will grow slightly faster … [Read more...] about Air cargo to grow 4 percent yearly until 2039, according to Boeing
Travel demand likely to rebound with ‘conducive’ conditions, AAPA says
With cross-border travel effectively grounded, the Assembly of Presidents of the Association of Asia Pacific Airlines (AAPA) highlighted survival and continuity during their virtual meeting on 13 November. The Assembly concluded with AAPA, IATA and ACI Asia-Pacific jointly declaring their solidarity and commitment to work with governments to revive air travel. Industry The health crisis has triggered unimaginable losses for airlines exceeding US$84 billion worldwide this year. Asia … [Read more...] about Travel demand likely to rebound with ‘conducive’ conditions, AAPA says
Nutty business: Korean Air’s Asiana buyout plan to face injunction
Creditors' plan to sell debt-laden Asiana Airlines to its bigger rival Korean Air faces a bumpy road as a local equity fund has filed an injunction against the plan, according to a report by Yonhap News. On 17 November, Asiana's main creditor, state-run Korea Development Bank (KDB), signed an investment agreement with Korean Air's parent holdings company Hanjin KAL to inject 800 billion won (US$723 million) into Hanjin KAL through a rights offering and convertible bonds. Hanjin KAL will then … [Read more...] about Nutty business: Korean Air’s Asiana buyout plan to face injunction
