The International Air Transport Association (IATA) identified continuous safety enhancement, the availability of cost-efficient infrastructure and environmental responsibility as critical factors to ensure that Asia-Pacific continues to realise the enormous economic and social benefits of air connectivity. “It is no understatement to say that air connectivity underpins modern economies. Aviation and aviation-enabled tourism accounts for over 24 million jobs and over US$500 billion in … [Read more...] about IATA: Prepare for growth challenges for APAC
Asia Pacific
FedEx forecasts record holiday volume
FedEx is expecting to move more than 290 million shipments between Black Friday and Christmas Eve, an 8.8 per cent increase in overall year-over-year peak seasonal volume. The season is expected to be bolstered by three volume spikes throughout December, occurring the first three Mondays of the month and each expected to surpass 20 million in volume. December 15 is forecast to be the busiest day in company history, with a projected 22.6 million shipments moving around the world. … [Read more...] about FedEx forecasts record holiday volume
DHL moves to secure freight capacity
DHL Global Forwarding is responding to global trade growth with freight capacity initiatives designed to support customers in a challenging market environment. These include securing sufficient long term capacity on some of the world’s busiest trade lanes such as, to and from Asia Pacific, where carrier rates are climbing as a result of shortfalls in freight capacity. Roger Crook, CEO DHL Global Forwarding, Freight said, “As global trade picks up – fuelled by spiking … [Read more...] about DHL moves to secure freight capacity