In an interview, Payload Asia talks to David Wee, IATA’s regional manager for operations, safety and security (cargo) in Asia Pacific, as he discusses the trade body’s strategy when it comes to developing air freight in the region. Can you tell us about your role and responsibilities with IATA? My role is to develop and execute IATA’s Cargo strategy and priorities for the Asia Pacific region. This includes engaging the air cargo community on sustainability, digitalization, safe carriage of … [Read more...] about Meet IATA’s main guy for cargo in Asia Pacific
Asia Pacific air freight
Nordic holding firm to launch BBN Airlines Indonesia
Holding company BBN Cargo Airlines plans to establish a new airline based in Jakarta, Indonesia’s Soekarno-Hatta International Airport as it looks to capitalise on growth in the region. The newly established cargo airline BBN Airlines Indonesia has set up its operations on 31 August 31 and is in the process of getting the airline business license. BBN Cargo Airlines, which operates Iceland-based cargo airline Bluebird Nordic, said the license should be ready this year, as it hopes to gain … [Read more...] about Nordic holding firm to launch BBN Airlines Indonesia
Etihad to offer more belly space to China next month
Etihad Cargo will introduce an additional 30 tonnes of belly capacity via two weekly direct passenger flights to Guangzhou using a Boeing 777 starting 10 October, subject to regulatory approvals. This latest addition to the carrier’s network means that Etihad will become the first international airline to operate long-haul passenger and cargo services to China’s top three gateways since the start of the pandemic. In July, the carrier announced the introduction of direct passenger flights … [Read more...] about Etihad to offer more belly space to China next month
Yusen Logistics widens footprint in Germany
Yusen Logistics (Deutschland) GmbH is expanding and has opened a new branch with a modern sustainable complex in Altbach with around 10,000 square metres of warehouse and office space. The facility located east of Stuttgart will now become the new contract logistics site of Yusen Logistics as it looks to meet the demands of its customers, particularly those from the local automotive industry. The complex has a large storage area, equipped with high racks, and the loading halls have truck … [Read more...] about Yusen Logistics widens footprint in Germany
Xeneta secures US$80m in fresh funding
Freight rate benchmarking and analytics platform Xeneta has raised $80 million in a fund-raising round led by equity-backed firm Apax Digital. The Oslo-based startup said the injection of new funds now meant it was valued at $265 million. The company will use the funds to accelerate investments in platform development and to grow its global team as it looks to expand into new markets. Xeneta’s reporting and analytics platform provides shipping and air cargo stakeholders the data to … [Read more...] about Xeneta secures US$80m in fresh funding
Goodbye, just in time and hello, just in case!
With the reopening of the Shanghai port at the beginning of June, the pandemic-induced freight backlogs are finally starting to clear. However, given the various knock-on effects, don't expect supply chain disruptions to disappear for at least another nine to 12 months. The good news is that most companies now realise that the traditional just-in-time (JIT) model has serious flaws and are reacting and adapting their strategies. Increasingly, they are working with third-party logistics (3PL) … [Read more...] about Goodbye, just in time and hello, just in case!
