Filed in Air Freight
Friday, July 01, 2011
The cost of the U.S. business logistics system jumped up 10.4 percent in 2010, making up more than half of the preceding year’s decline. But don’t expect gains like this to continue as the economy begins to slow and all four transportation modes scramble to make adjustments during this period of unprecedented volatility.
Challenges remain, but carriers prove resilient
Tuesday, June 28, 2011
As we discussed last week, air cargo shippers are increasingly concerned about the ongoing recovery of service in the Asia Pacific trade lanes.
Monday, June 27, 2011
The report stated that Deutsche Bahn management is considering restructuring Schenker’s U.S. business but added a withdrawal is more possible. And it added that Schenker management was due to deliver a business update by mid July and Deutsche Bahn executives plan to take a decision on the future of its U.S. business by the end of the year, possibly as early as August.
Wednesday, June 15, 2011
Business logistics costs rose 10.4 percent last year, totaling $1.21 trillion, which is about what American businesses paid for freight transport in 2010, according to the authoritative 22nd annual State of Logistics report released Wednesday.
Tuesday, June 14, 2011
While the International Air Transport Association further downgraded its 2011 airline industry profit forecast to $4 billion, Asia-Pacific carriers are expected to earn $2.1 billion—the most profitable of all regions.
Friday, June 10, 2011
In an effort to meet increasing shipper demand, global express delivery and logistics services provider DHL Express began service for new, next-day intercontinental flights between the U.S. and the Middle East and Asia-Pacific to the U.S.
Tuesday, June 07, 2011
The company is replacing a Boeing 757 narrow-body aircraft with a new and larger B-767 wide-body freighter, which increases cargo capacity by 50 percent on UPS’s 19 weekly flights into Central and South America.
Thursday, May 26, 2011
Earlier this week, UPS marked the one-year anniversary of its Shenzhen Asia Pacific hub, which serves the company’s entire intra-Asian network. UPS also announced that in June it is rolling out a new direct weekly flight from Guam to Hong Kong, which connects Guam to the rest of the world.
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Thursday, April 28, 2011
In the latest survey conducted by the International Air Transport Association, just over a third of respondents reported stability in employment numbers in Q1 2011 while 42 percent hired additional staff and less than a quarter cut back.