Filed in Air Cargo
Friday, December 17, 2010
An executive summary of industry news
Monday, December 06, 2010
Tony Tyler, CEO of Hong Kong-based Cathay Pacific Airways is taking the helm, a long overdue move reflecting the dominance of the Asia Pacific air cargo market
Posted on 12/06 at 09:42 AM
Air Cargo •
Monday, November 29, 2010
A slight surge in air cargo demand has some industry analysts predicting a prolonged rebound.
Monday, November 15, 2010
Four organizations have signed a letter of intent committing to work towards the formation of an industry advisory group to ensure the air cargo industry has a strong, unified voice in its dealings with worldwide regulatory authorities and other bodies.
Thursday, November 11, 2010
Prior to this week’s G20 Summit in Seoul, Korea, the Washington, D.C.-based Airforwarders Association (AfA) sent a letter to President Barack Obama replete with suggestions on how the Administration could best work on making improvements and changes to air cargo security processes in light of the October attempts by terrorists to send explosives originating from Yemen to the United States on cargo and passenger planes.
Wednesday, November 10, 2010
In a move that was widely anticipated, the European Commission imposed heavy fines on eleven air cargo carriers today for price fixing
While the world’s airlines are posting an impressive revenue rebound, air cargo analysts claim that volatility caused by too little or too much capacity in the market has resulted in wide swings in rates and overall carrier performance.
Monday, November 08, 2010
Worldwide sales of semiconductors were $26.5 billion in September, a gain of 2.9 percent from the prior month when sales were $25.8 billion, the Semiconductor Industry Association reported.
In an effort to involve more air cargo players in the “security dialogue,” the National Industrial Transportation League has invited some key players to participate in its annual conference next week.
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Tuesday, November 02, 2010
Following the recent attempt by terrorists to send explosives to the United States on cargo and passenger planes, Massachusetts Representative Edward J. Markey (D) said he plans to introduce legislation requiring 100 percent screening of all cargo on cargo planes.