LatAm could gain edge with integration, transparency 
Air Cargo Next Magazine
by Courtney Blackann
18h ago
Latin America’s supply chain is at a competitive disadvantage compared with high-income economies due to its lack of transparency and standardization, panelists at Cargo Facts LATAM 2024 in Panama said on May 15.  The region’s imports declined 4.5% in 2023 and its exports declined 2.5%, according to the Economic Commission of Latin America and the ..read more
Visit website
Airport strategy, infrastructure crucial for growth in LatAm
Air Cargo Next Magazine
by Courtney Blackann
2d ago
PANAMA CITY — Airport infrastructure is critical to growth and efficiency between operators, Joao Pita, chief commercial and cargo officer at Sao Paulo/Guarulhos International Airport, said during a presentation at Cargo Facts LATAM 2024 on May 14.  Without modern infrastructure and a set network strategy, it is challenging to grow operations efficiently, he said.  Sao ..read more
Visit website
Air cargo market shows traction
Air Cargo Next Magazine
by Yael Katzwer
2d ago
Global air cargo prices fell slightly from last week, but still reflect a market that is relatively robust compared with the typical mid-May low market.  In the week ending May 13, the Baltic Air Freight Index fell 0.8% week over week, though it remains up 1% year over year, according to the latest data from ..read more
Visit website
Consultant’s Insight: Freight forwarders gain volumes despite lower financials in Q1 
Air Cargo Next Magazine
by Cathy Roberson
2d ago
Volumes turned positive for several freight forwarders during the first quarter. But, due to excess capacity and low rates, it was difficult for many to correlate the volume growth to strong financials.   “Both air and ocean carrier capacity continue to grow, further pressuring rates that have already come down significantly from their peaks,” Expeditors ..read more
Visit website
E-commerce boom opens doors for LatAm trade lanes
Air Cargo Next Magazine
by Courtney Blackann
3d ago
PANAMA CITY — As the air cargo market continues to recover, aided by e-commerce growth and a slowing in disruptions in the Red Sea, Latin American shippers and carriers are seeing an increase in trade lanes between Asia and Latin America, panelists at Cargo Facts LATAM 2024 said today.  E-commerce  in Latin America, stemming mainly ..read more
Visit website
Maersk opens air cargo gateway in Miami 
Air Cargo Next Magazine
by Yael Katzwer
3d ago
Maersk opened an air cargo facility in Miami in April to improve connectivity from Asia, Europe and the United States to Latin American markets.  The 90,000-square-foot facility is staffed by Maersk airfreight forwarders and is certified as a U.S. Customs-bonded Container Freight Station and Certified Cargo Screening Facility, according to a release from Maersk last ..read more
Visit website
People: Appointments in air cargo 
Air Cargo Next Magazine
by Yael Katzwer
4d ago
The air cargo industry saw several key appointments in April.  Sauve-Hopkins to head dnata’s airport ops in 16 countries  Dubai-based air and travel services provider dnata has appointed Clive Sauve-Hopkins divisional senior vice president of airport operations, effective immediately. In his new role, he oversees dnata’s ground handling and cargo business at 97 airports in ..read more
Visit website
The Green Race: SAF vs. Hydrogen
Air Cargo Next Magazine
by Courtney Blackann
4d ago
As the aviation industry continues to explore sustainable technologies, there is one thing to remember — there’s a deadline.  IATA set a target of reaching net zero by 2050 — less than 30 years away. As pressure looms, the industry is feeling the time crunch. Can the task be accomplished? Is there a straight and ..read more
Visit website
Challenge Group to begin weekly flights between LGG, DWC 
Air Cargo Next Magazine
by Air Cargo Next Staff
4d ago
Challenge Group will launch weekly flight service from Liege, Belgium, to Dubai with a Boeing 747 freighter with a capacity of about 108 tonnes.  The service will launch May 16 and continue each Thursday until June, when operations will double, with weekly flights on Tuesdays and Fridays. The second weekly flight will use the group’s ..read more
Visit website
IAG cargo revenue falls 12.4% 
Air Cargo Next Magazine
by Yael Katzwer
6d ago
International Airlines Group today reported 6.4 billion euros ($6.9 billion) in revenue for the first quarter of 2024, an increase of 9.2% from the same period last year. However, cargo revenue fell 12.4% year over year to $283 million.  THE BIG PICTURE: Increased capacity and low demand for cargo continue to impact International Airlines Group’s ..read more
Visit website

Follow Air Cargo Next Magazine on FeedSpot

Continue with Google
Continue with Apple
OR