The International Air Transport Association (IATA) released figures for global air freight markets showing cargo volumes measured in freight tonne kilometers (FTKs) expanded 2.2 per cent in 2015 compared to 2014. This was a slower pace of growth than the 5.0 per cent growth recorded in 2014. The weakness reflects sluggish trade growth in Europe and Asia-Pacific, IATA said. After a strong start, air freight volumes began a decline that continued through most of 2015, until some improvements to … [Read more...] about Get used to “new normal” of cargo growth warns IATA
WCS
Get used to "new normal" of cargo growth warns IATA
The International Air Transport Association (IATA) released figures for global air freight markets showing cargo volumes measured in freight tonne kilometers (FTKs) expanded 2.2 per cent in 2015 compared to 2014. This was a slower pace of growth than the 5.0 per cent growth recorded in 2014. The weakness reflects sluggish trade growth in Europe and Asia-Pacific, IATA said. After a strong start, air freight volumes began a decline that continued through most of 2015, until some improvements to … [Read more...] about Get used to "new normal" of cargo growth warns IATA
World Cargo Symposium picks innovation winners
The International Air Transport Association (IATA) concluded the 9th World Cargo Symposium (WCS) in Shanghai with the announcement of the winners of its inaugural Air Cargo Innovation Awards. In a public vote on three finalists – all from the Netherlands coinicidently according to IATA - by WCS delegates, Floris Kleijn from CHEP Aerospace Solutions, was declared the winner for his CanTrack idea to bring smart technology to the ULD environment, harnessing solar energy and implementing smart … [Read more...] about World Cargo Symposium picks innovation winners
Swiss WorldCargo, WCA team up
Swiss WorldCargo, the air cargo division of Swiss International Air Lines, has entered into a new partnership agreement with WCA, a global freight forwarding network for independent logistics providers. Swiss WorldCargo will undertake a number of unique cross-cooperation projects with three of WCA’s specialty groups – WCA Pharma, WCA Time Critical and WCA Dangerous Goods. The alignment of these operations between WCA’s members and Swiss WorldCargo will allow the generation … [Read more...] about Swiss WorldCargo, WCA team up