UPS announced the company will commemorate World Environment Day on June 5 by matching the carbon offsets of all packages shipped via its carbon-neutral program during the month of June. UPS carbon neutral counterbalances the estimated carbon impact of each shipment by purchasing certified carbon offsets. “There is truly no better way to honor World Environment Day than to facilitate actions that will help the planet,” said Suzanne Lindsay-Walker, UPS chief sustainability officer (CSO) and … [Read more...] about UPS marks World Environment Day by matching offsets of carbon neutral shipments in June
cargo aviation
UK digital freight forwarder Beacon closes $15 million Series A fundraise, with investment from Jeff Bezos
London-based Beacon, the next generation freight forwarding and supply chain finance company, has raised over $15 million in its Series A fundraising round, with investors including Jeff Bezos, the founder and CEO of Amazon, and leading US venture capital firm 8VC. Beacon was founded in 2018 by CEO Fraser Robinson and COO Dmitri Izmailov, both former Uber executives. They were joined by CTO Pierre Martin, previously at Amazon, bringing together a management team with deep expertise in … [Read more...] about UK digital freight forwarder Beacon closes $15 million Series A fundraise, with investment from Jeff Bezos
TT Club welcomes impetus given to electronic bills of lading development
The target of 50 percent of all bills of lading to be electronic within the next decade has been set by the Digital Container Shipping Association (DCSA). The international freight transport insurer, TT Club welcomes the commitment by the group of container shipping lines that together operate nearly 70 percent of the world’s capacity. The initiative is consistent with the increasing trend towards digitisation across the industry to improve efficiency and reduce costs. However, the current … [Read more...] about TT Club welcomes impetus given to electronic bills of lading development
Geodis supports rising medical company LabMed to supply health protection goods to Europe and North America
The Singapore based enterprise LabMed has entrusted global logistics company GEODIS to support the company’s growing activity in new markets by delivering urgently needed PPEs from Asia to the COVID-19 ‘hot-spots’ of Europe and North America. GEODIS is providing LabMed with customs brokerage, short-term storage solutions, and transport management services from LabMed’s factory in China via a distribution hub in Singapore to a wide array of international destinations including India, Malaysia, … [Read more...] about Geodis supports rising medical company LabMed to supply health protection goods to Europe and North America
CargoLogicAir implements CHAMP’s Weight & Balance solution for their resumed freighter operations
CargoLogicAir, the Great British Cargo Airline, has implemented CHAMP’s Weight & Balance solution - flying again to provide much-needed freighter capacity supporting the global supply chain in these challenging times. After suspending operations in February, CargoLogicAir (CLA) resumed operations in April with two B747-400F to transport personal protective equipment (PPE) for the UK’s National Health Service (NHS). While mainly operating to the UK, CargoLogicAir has also commenced … [Read more...] about CargoLogicAir implements CHAMP’s Weight & Balance solution for their resumed freighter operations
Association of Asia Pacific Airlines April 2020 traffic results: Passenger demand collapses, decline in cargo markets deepen
Preliminary April 2020 traffic figures released by the Association of Asia Pacific Airlines (AAPA) showed that international air passenger markets were battered by the effects of the COVID-19 pandemic. The rapid spread of the virus, resulting in border closures and travel restrictions across the world, forced an almost complete shutdown of international airline operations. Meanwhile, air cargo markets remained active but were affected by weakening demand, and disruptions to global supply chains, … [Read more...] about Association of Asia Pacific Airlines April 2020 traffic results: Passenger demand collapses, decline in cargo markets deepen
