May reports from the International Air Transport Association (IATA) and WorldACD show that the 2017 heyday of double-digit growth rates in the global air freight market are officially returning to normal levels. The organization said freight tonne kilometers (FTKs) increased by a moderate 4.2 percent, year-over-year, for the month of
Month: July 2018
SINGAPORE POST SIGNS LOGISTICS AND WAREHOUSING CONTRACT WITH SPECIALIZED BICYCLES
Singapore Post (SingPost) has signed a logistics and warehousing contract with Specialized Bicycle Components. In a statement issued yesterday (5 July), SingPost said the three-year tie-up will see Specialized moving its regional warehousing operations from Hong Kong to SingPost’s regional logistics facility at the Tampines Logistics Park. As Specialized’s officially appointed Logistics and Warehouse
DHL Freight opens new facility in Manisa, Turkey
Uwe Brinks, CEO DHL Freight, Hasan Kavci, Managing Director, DHL Freight Turkey and other dignitaries at the opening ceremony. DHL’s Freight division opened on Thursday its 38,000-square-meter warehouse in Manisa, Turkey, in response to a growing demand for logistics services near the nearby port city of Izmir. Uwe Brinks, CEO of DHL Freight,
Bin lorry sinks into tarmac as UK swelters in heatwave
Boeing strikes aircraft deal with Brazil’s Embraer
The two aircraft makers have been discussing for months a transaction in which a new company. Boeing has agreed on a deal that will give it control of Embraer's commercial jet business. The proposed joint venture will give the US aerospace giant a significant stake in the market for smaller passenger planes. Boeing
TSA-Approved ways to shorten the airport screening line
Confusion as China ports delay U.S. cargoes, disrupting trade
FILE PHOTO: A container truck moves past containers at the Yangshan Deep Water Port in Shanghai, China April 24, 2018. REUTERS/Aly Song/File Photo Some major Chinese ports delayed clearing goods from the United States on Friday, four sources said, potentially disrupting imports worth billions of dollars as the world’s top two
U.S. rail volumes up 3.7 percent in first half of 2018
Kansas City Southern Locomotive. Taken on the KCS line in Pittsburg, KS AAR senior VP: “For now, things are looking good for the railroads and the economy despite the many threats, such as a potential trade war, that could bring change quickly.” Total combined U.S. freight railroad traffic in June grew 4.2
Virgin Atlantic re-launches Sydney-Hong Kong service
This week, Virgin Atlantic Cargo re-launched its Sydney-Hong Kong service ahead of schedule, following the airline’s three-year hiatus. The carrier points to a “shift in the market” since 2014 – specifically, the growth of online shopping – as the main reason for the resumption of service. “Sydney-Hong Kong is a route we
