Perishable exports are drastically impacted due to ceased cargo movement at 11 AAICLASS-operated airports in Amritsar, Pune, Coimbatore, etc.,” says Satish Lakkaraju, Senior Vice President, Global Head – Air Freight & Pharma, Radar Ventures. “In the past, airlines used to screen the cargo for the respective flights, which was then moved to a common user facility for multiple reasons, but now cargo is stopped without proper alternative arrangements. The air cargo industry is supposed to be the fastest mode of transport, whereas in India, the total time spent on the ground is much higher tha ..read more

IATA has lowered its expectations for air cargo revenues and yields for 2023 due to growing capacity and a weak demand outlook. In its latest airline profitability report, the airline association predicted cargo revenues of $142.3bn this year, which is 31.3% down from last year and behind the $149.4bn that was previously expected. Meanwhile, cargo yields are expected to be 28.6% behind last year, worse than the 23% fall IATA predicted at the World Cargo Symposium in April. “Yields will be negatively impacted by two factors: the ramping-up of passenger capacity which automatically increases ava ..read more

Block your dates for The International Air Cargo Association’s (TIACA) upcoming regional summit in Nairobi, Kenya from June 19-June 21, 2023. The three day event will focus on drones, digital innovation, perishables, freighter capacity, global outlook and lot more. The event in Africa aims to bring together members, partners and business houses to identify and discuss specific issues that affect the industry at the regional level ..read more

Stellar Value Chain Solutions has added 1.5 million sq. ft. warehousing space (Distribution Centres) at Bhiwandi and 0.5 million sq ft. at Banur, Punjab thus scaling up its warehousing capacity by an additional 2 million sq ft in May this year, said release. After this latest operational expansion, the total warehousing capacity of Stellar Value Chain Solutions has risen to 16 million sq. ft. The capacity addition is primarily aimed at efficiently managing pan India supply chain operations for a consumer durable giant. Stellar has taken over the pan India Central Distribution Centre Operations ..read more

With the opening of its first Asia-based Squair Service Center, ECS Group is increasing its capabilities related to the AWB Verification service offering (known as “Verify”). As demand for AWB verification outsourcing is increasing, the new team in Mumbai, India, will perform the AWB data capture activity for existing Squair customers and allow for future growth opportunities, especially in Asia. The new team in Mumbai, India, complements the existing Squair team based in Sofia, Bulgaria that has been providing both AWB verification and customs reporting services to international airlines acro ..read more

Closing of AAICLAS operated Common User Terminals (CUTs) for cargo movement at eleven airports across India has affected the whole air freight ecosystem drastically, says C K Govil, Vice President, ACAAI. This decision is due to airports non-compliance with BCAS RA3 Regulations. Transhipment cargo and domestic cargo both suffering hugely, International as well as domestic freighters are going back empty, air freight rates have gone up, dwell time has been increased, sensitive cargo such as perishables lying at the Tarmac unattended for days- all this has created immense pressure on the stakeho ..read more

Domestic and International cargo movement has been stopped at almost 11 AAICLAS operated Common User Terminals (CUTs)at Indian airports due to non-compliance of BCAS- RA 3 Regulations, leading to massive chaos at the airport terminals, increased logistics costs and dwell time. Trade is affected drastically, and shippers are as always at the receiving end. Yashpal Sharma, President, Air Cargo Forum India, throws light on the ongoing issue, “Eleven AAICLAS operated domestic Common User Terminals (CUTs) at T2 & T3 Airports, have been closed for the movement of Domestic and International Cargo ..read more

The Maharashtra State Road Development Corporation (MSRDC) is planning to set up at least five logistics hubs along the 172km Pune ring road, said reports. “Since Pune ring road connects eight national highways/expressways, the MSRDC is keen on setting up at least five logistics hubs along the stretch,” MSRDC officials told in reports. According to reports, logistics hubs would come up along the expressways across the state and this would benefit both the agriculture and manufacturing sector in a big way. “Multi-modal logistics parks in hub and spoke model are part of most highways across the ..read more

Kale Logistics Solutions signed a Memorandum of Understanding (MoU) with NorthLink Aviation to build the next generation of digital cargo infrastructure at NorthLink’s express freight and e-commerce terminal at Ted Stevens Anchorage International Airport (ANC). NorthLink and Kale have jointly developed a multi-layered digital roadmap to create digital cargo infrastructure at ANC including process automation platforms for e-commerce and cargo handling, a stakeholder collaboration platform and other cross-border management tools, states an official release from Kale. “This infrastructure will he ..read more

The International Air Transport Association (IATA) released data for April 2023 global air cargo markets, showing capacity (measured in available cargo tonne-kilometers, ACTK) was up 13.4 per cent compared to April 2022 and 3.2 per cent compared to April 2019, marking the first time in three years that the capacity has surpassed pre-COVID levels. “The strong uptick is primarily driven by belly capacity as demand in the passenger business recovers. Adjusting for this, freighter capacity declined 2.3 per cent. Preighter operations ceased in March after 2.5 years of continuous activity,” states t ..read more