Air

IAG Cargo revenues fall 12% following freighter exit

IAG plane

Yields also down 7.4% in Q2, or 2.8% excluding currency effects

First global air freight rate rise in 30 months

airplane

Average prices up 0.9% in June, but still 10% below 2011 levels, with yield decline greatest from top 20 forwarders, reports WorldACD

Virgin Atlantic Cargo opts for ‘green’ container fleet

Composite LD3s are 16kg per unit lighter

US extends air cargo screening scheme

ACAS may not become mandatory programme for forwarders and others until late 2016

ABC reports 16% growth

Russian air cargo carrier benefits from market, market-share and fleet expansion

Air France-KLM to further reduce freighter exposure

Group writes off €106 million as it prepares to downsize cargo fleet

Israel freight backlog clearing

Cargo airlines put on extra services and suspended commercial flights resuming

Airlines forecast freight price increases

Most heads of cargo expect yields to remain stable or improve over the next 12 months

US lifts Israel air ban

Suspended cargo and passenger flights expected to resume from later today

International airlines cancel Tel Aviv flights

Most non-Israeli carriers suspend services due to rocket strike

Qatar orders four more B777 freighters

Latest round of spending could take its all-cargo fleet to 30 aircraft, including options

WACO and Drewry expand air freight data co-operation

Partnership aims to improve availability of reliable pricing and other market intelligence

June boom boosts air freight recovery

Cathay Pacific reports half-year increase of more than 8%, with similar rise reported at Amsterdam Schiphol airport

Iraq blocks Erbil freighter flights

All-cargo services reportedly cancelled until further notice, although passenger services continue

‘Speed to Africa’ service in full commercial launch

Continent’s demand for time-critical logistics services prompts SDV to move from trial phase to full operations

Advice and Insight

Reasons to be cheerful

Raoul Wintjes

Panalpina’s corporate head of air freight product management, Raoul Wintjes, tells Lloyd’s Loading List.com of significant signs of market improvements although rates are still below pre-crisis levels

Heathrow Airport outlines plans to double cargo capacity

Proposals welcomed as ‘Good news for freight’ by UK’s Freight Transport Association

Cargo ignored in UK airport debate, air freight sector claims

Shippers, forwarders and carriers insist logistics and trade implications must be considered

Air freight set for efficiency boost in Northern Europe with e-AWB initiative

Scandinavia’s main carriers, forwarders and handlers join forces to finally drive forward paperless penetration

People

Hellmann UK appoints new head of air freight

Matthew Marriott

Move comes as the business reports strong first-quarter performance

BIFA names new director general

Robert Keen to succeed Peter Quantrill, who retires from the trade association in August

British Shippers’ Council confirms new appointments

New chair is Gillian Scott from John Lewis, while vice-chair is Barry Wallace from Marks and Spencer

CEVA appoints new COO for contract logistics

Former shipper Brett Bissell promoted from Latin America role

Have Your Say

The long, slow price quote

Zvi Schreiber, CEO of Freightos

Forwarders are losing out on new business due to out-dated back-end systems and a silo mentality, says Zvi Schreiber, CEO of Freightos

Call for data to be collated on illegal foreign vehicles

Member of Parliament for Cambridgeshire claims the avoidance of such payments is costing the British taxpayer circa £3million per annum in lost revenue

A unique logistic proposition?

A senior shipping advisor contributes his thoughts on the new Liverpool2 terminal

Asia/Europe traffic again

Ingvar Bergman discusses liner operators and GRIs