The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), grew 12.7% in May 2017 compared to the year-earlier period. This was up from the 8.7% annual growth recorded in April 2017 and is more than three times higher than the five year average growth rate of 3.8%. Freight capacity, measured in available freight tonne kilometers (AFTKs), grew by 5.2% year-on-year in May … [Read more...] about Global Air Freight Demand Increases 13% in May
IATA
Despite demand easing, growth rates are more robust
The International Air Transport Association (IATA) released data for global air freight markets showing that demand rose 8.5% in April 2017 compared to the same period last year; measured in freight tonne kilometers (FTKs). While this was down from the 13.4% year-on-year growth recorded in March 2017, it is well above the average annual growth rate of 3.5% over the past five years. Growth in freight capacity, measured in available freight tonne kilometers (AFTKs), … [Read more...] about Despite demand easing, growth rates are more robust
LATAM Cargo – first airline in the Americas to obtain CEIV Pharma certification
LATAM Cargo underwent a final audit in January 2017 to verify that the company and its processes –such as quality management, personnel training, supplier management, internal auditing and transport, among others– comply with the standards for the transportation of pharmaceutical products. With the successful completion of the audit, LATAM Cargo has become the first airline in the Americas to receive CEIV Pharma certification from the International Air Transport Association … [Read more...] about LATAM Cargo – first airline in the Americas to obtain CEIV Pharma certification
AAT Obtains IATA CEIV Pharma Certification
Asia Airfreight Terminal Co. Ltd. (AAT) successfully obtained the CEIV Pharma Certification from the International Air Transport Association (IATA) in late April this year. Receiving the accreditation goes a long way in demonstrating AAT’s commitment to preserving the cold chain during the air transportation of pharmaceutical products, and delivering excellent service quality in the handling of special cargo to their customers. The certification helps the industry establish a … [Read more...] about AAT Obtains IATA CEIV Pharma Certification
IATA – Global trade expected to accelerate
Global trade seems to be getting its groove back. Despite slowing world trade, IATA’s senior economist yesterday projected moderate acceleration; with 2017 already off to a strong start in terms of air cargo volumes. Speaking at IATA’s World Cargo Symposium, George Anjaparidze said that structural and cyclical trade factors could bode well for the industry. On the structural side, sectors that rely on air cargo are performing better than average. Anjaparidze cited the example of the … [Read more...] about IATA – Global trade expected to accelerate
Faith of dangerous goods
David Brennan, Assistant Director, Cargo Safety and Standards shared that in early 2016 SAE Aerospace, at the request of ICAO, establish a new committee, G-27, to develop a performance standard for packaging for lithium batteries (UN 3090 and UN 3480). The high-level objective is to develop a standard that provides a test method to demonstrate that a packaging for lithium cells or batteries, as prepared for transport, can safely contain inside the package a fire event from one of the cells. … [Read more...] about Faith of dangerous goods