Success for Shanghai Team Despite ‘Weak’ Global Exports
My Logistics Magazine » Air Freight
by My Logistics Magazine
8M ago
Specialist global air and sea freight operator Europa Air & Sea is celebrating its second anniversary in Shanghai with continued growth within the local market despite challenging economic conditions. According to CNN, Chinese exports fell by 4.6 percent at the end of 2023, as a result of the weak global economy. Europa Shanghai, which was established early in 2022, has navigated this by continually growing its local customer base with investment in both sales and its customer-facing platform (Leo Web) to aid communication and consignment visibility. As the team celebrates its second anniv ..read more
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Air cargo contraction eases in June 
My Logistics Magazine » Air Freight
by My Logistics Magazine
1y ago
The International Air Transport Association (IATA) released data for June 2023 global air cargo markets showing the smallest year-over-year contraction in demand since February 2022. Global demand, measured in cargo tonne-kilometers (CTKs), fell 3.4% in June compared to June 2022 (-3.7% for international operations). For the half year, demand slid 8.1% compared to the January-June period of 2022 (-8.7% for international operations). However, demand in June was only 2.4% below June 2019 levels (pre-pandemic). Capacity, as measured by available cargo tonne-kilometers (ACTKs), rose 9.7% compared ..read more
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IATA releases industry net zero tracking methodology to guide industry emission reporting
My Logistics Magazine » Air Freight
by My Logistics Magazine
1y ago
The International Air Transport Association (IATA) will publish an annual Track Zero report using IATA’s Net Zero Tracking Methodology to report industry-level progress towards aviation’s commitment to Net Zero carbon emissions by 2050.  The Net Zero Tracking Methodology and related reporting process were developed with industry experts. IATA will aggregate and report annually inputs from IATA member airlines on an industry basis. After thorough validation, aggregate industry data from the previous calendar year will be reported annually in the fourth quarter of each year. The f ..read more
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Controversial Schiphol flight cuts must not be pushed through by a caretaker government
My Logistics Magazine » Air Freight
by My Logistics Magazine
1y ago
The International Air Transport Association (IATA), European Business Aviation Association (EBAA), and European Regions Airline Association (ERA) warned that the proposed cuts to flight numbers at Schiphol airport must not proceed under the leadership of a caretaker government. This matter remains before the courts and the proposed process is strongly opposed by the airline industry; therefore, in no way can this be considered “uncontroversial.” In a few months’ time, this government will not be accountable for the severe consequences that may follow from the Schiphol decision, particularly wi ..read more
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Virgin Atlantic Cargo announces SAFc programme 
My Logistics Magazine » Air Freight
by My Logistics Magazine
1y ago
Airline now offers Sustainable Aviation Fuel Certificate (SAFc) programme   Scheme supports Virgin Atlantic Cargo customers looking to better manage their carbon emissions  The scheme’s first customer, DB Schenker, has purchased several thousand tonnes of scope 3 emissions reductions   Virgin Atlantic Cargo has announced a Sustainable Aviation Fuel Certificate (SAFc) programme, designed to help freight forwarders and shippers manage their carbon emissions whilst demonstrating joint commitment to scaling the SAF industry.  Customers participating in the scheme wi ..read more
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Air cargo demand strengthens despite challenges in July 
My Logistics Magazine » Air Freight
by My Logistics Magazine
1y ago
The International Air Transport Association (IATA) released data for July 2023 global air cargo markets, showing a continuing trend of recovering growth rates since February. July air cargo demand was tracking just 0.8% below the previous year’s levels. Although demand is now basically flat compared to 2022, this is an improvement on recent months’ performance that is particularly significant given declines in global trade volumes and rising concerns over China’s economy. Global demand, measured in cargo tonne-kilometers (CTKs*), tracked at 0.8% below July 2022 levels (-0.4% for international ..read more
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GEODIS chosen as Official Freight Carrier for Rugby World Cup France 2023
My Logistics Magazine » Air Freight
by My Logistics Magazine
1y ago
Rugby World Cup 2023 runs from September 8 to October 28, 2023, in France. GEODIS has been chosen as Official Freight Carrier for the tournament. Behind this international sporting event lies a tailor-made logistics operation that will ensure the tournament runs smoothly. The GEODIS group has assigned around 140 employees to the operational organization of this event. In all, some 80 tonnes of equipment essential to the teams will be airlifted to France, then transported between the teams’ hotels and the 10 host cities. GEODIS is responsible for transporting equipment to and from the countries ..read more
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Air cargo demand remains weak in may 
My Logistics Magazine » Air Freight
by My Logistics Magazine
1y ago
The International Air Transport Association (IATA) released data for May 2023 global air cargo markets showing weak market conditions. Global demand, measured in cargo tonne-kilometers (CTKs), fell 5.2% compared to May 2022 (-6.0% for international operations).  Capacity, as measured by available cargo tonne-kilometers (ACTKs), rose 14.5% compared to May 2022, primarily driven by belly capacity which increases as demand in the passenger business recovers. Capacity is now 5.9% above May 2019 (pre-pandemic) levels.  Key factors influencing demand include:  The global manufacturi ..read more
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Northern summer travel season off to a strong start
My Logistics Magazine » Air Freight
by My Logistics Magazine
1y ago
The International Air Transport Association (IATA) announced that the post-COVID recovery momentum Total traffic in June 2023 (measured in revenue passenger kilometers or RPKs) rose 31.0% compared to June 2022. Globally, traffic is now at 94.2% of pre-COVID levels. For the first half of 2023, total traffic was up 47.2% compared to the year-ago period. Domestic traffic for June rose 27.2% compared to the same month a year ago and was 5.1% above the June 2019 results. Domestic demand was up 33.3% in the 2023 first half compared to a year ago. International traffic climbed 33.7% versus June 2022 ..read more
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IATA partners with Aviation Impact Accelerator for net zero financial assessment
My Logistics Magazine » Air Freight
by My Logistics Magazine
1y ago
The International Air Transport Association (IATA) and the Aviation Impact Accelerator (AIA), an international industry-academia partnership based at the University of Cambridge, announced a collaboration to accelerate the aviation sector’s transition to net-zero CO2 emissions by 2050.  The two organizations will assess the financial implications of reaching aviation’s 2050 net-zero CO2 goal. Building upon existing work, this collaboration will support the development of scenario-based tools to help airlines analyze and evaluate different decarbonization pathways. The purpose of ..read more
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