Silk Way West Airlines Named Global Air Cargo Partner for COP29, Reinforces Sustainability Commitment
Global Trade Magazine » Air Cargo
by Tim Jay
1w ago
Silk Way West Airlines, a leading cargo airline in the Caspian and Central Asian regions, has been appointed as the... Read More The post Silk Way West Airlines Named Global Air Cargo Partner for COP29, Reinforces Sustainability Commitment appeared first on Global Trade Magazine ..read more
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Freight Forwarders Predict Tighter Space and Higher Rates Coming out of Asia
Global Trade Magazine » Air Cargo
by Peter Frerichs
3w ago
The Chinese e-commerce sellers Temu and Shein, are upending the air cargo market. Cheap clothing and household goods bound for... Read More The post Freight Forwarders Predict Tighter Space and Higher Rates Coming out of Asia appeared first on Global Trade Magazine ..read more
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Silk Way West Airlines and China Henan Aviation Group Forge Strategic Air Cargo Partnership
Global Trade Magazine » Air Cargo
by Tim Jay
3M ago
Silk Way West Airlines, the premier cargo airline in the Caspian and Central Asian region, has signed a Memorandum of Understanding (MOU) with China Henan Aviation Group during Air Cargo China 2024 in Shanghai. This strategic partnership aims to enhance air cargo connectivity and efficiency between Zhengzhou and Baku, establishing a robust dual-hub model that spans the Asia-Pacific region and connects Europe, America, and Africa. Read also: Silk Way West Airlines Boosts Global Cargo Capacity with Eco-Friendly Fleet Expansion This year marks Silk Way West Airlines’ inaugural participation at Ai ..read more
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RACCA Opens 2024 Scholarship Applications for Aspiring Aviation Professionals
Global Trade Magazine » Air Cargo
by Tim Jay
4M ago
Applications are now being accepted for the 2024 Regional Air Cargo Carriers Association (RACCA) scholarships, aimed at supporting aspiring pilots, aircraft maintenance technicians (AMTs), and airline managers in their career pursuits. Read also: 8 Strategies for Empowering Emerging Talent in the Supply Chain Industry “Awarding the four scholarships is one of the most important things the Regional Air Cargo Carriers Association does,” said RACCA President James Goddard. “Each year we are impressed with the quality of the applications and what these young people will contribute to the industry ..read more
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GT Podcast – Episode 130 – LOGISTICS PLUS: Growth and Excellence Through Determination
Global Trade Magazine » Air Cargo
by GT Staff, GlobalTradeMag
4M ago
On this episode of GT Podcast’s Logistically Speaking we are speaking to Logistics Plus Founder and CEO, Jim Berlin.  Today we will learn how a small one-client, three-person company has grown to over 1200 employees in more than 50 countries worldwide, why this company has made it a personal mission to help in the efforts to help rebuild Ukraine, and what in the world do donuts have to do with success in logistics.  You won’t want to miss this one! For more information on Logistics Plus, visit https://www.logisticsplus.com/ Check out more of our GT Podcast – Logistically Speaking Ser ..read more
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U.S. Airports Will Offer Hundreds Of Collaboration Opportunities In 2024
Global Trade Magazine » Air Cargo
by Mary Scott Nabers, President and CEO, Strategic Partnerships Inc.
4M ago
Airports nationwide either have major upgrades in progress, or such initiatives are being designed for a 2024 launch date. A significant decline in air travel related to pandemic restrictions has been dramatically reversed and recent studies now report that a majority of Americans have plans to fly somewhere in the next year. To meet the anticipated demand, the Federal Aviation Administration is providing funding support for critical projects. A total of $1 billion was distributed in 2023 for airport improvements, including basic infrastructure upgrades, expanded facilities, equipment purchase ..read more
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Boeing Cargo Plane Makes Emergency Landing in Istanbul Without Front Landing Gear
Global Trade Magazine » Air Cargo
by Tim Jay
5M ago
A Boeing 767 cargo plane operated by FedEx was compelled to execute an emergency landing at Istanbul airport after its front landing gear malfunctioned, marking yet another setback for the troubled aircraft manufacturer. Read also: UPS to Replace FedEx as U.S. Postal Service’s Primary Air Cargo Provider Thankfully, no injuries were reported in the incident, confirmed by Turkey’s transport ministry. Departing from Paris Charles de Gaulle airport, the flight encountered difficulties when its landing gear failed to deploy upon approach to Istanbul airport on Wednesday. With guidance from the air ..read more
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Chinese E-Retailers Drive Surge in Air Cargo Prices to the U.S
Global Trade Magazine » Air Cargo
by Tim Jay
5M ago
The escalating popularity of Chinese e-commerce giants like Shein and Temu among American consumers is driving a significant increase in air cargo prices from China to the U.S. This surge in demand, especially during what is typically considered an off-peak season for cargo, is straining limited capacity and bucking the global downward trend in air cargo rates. Unlike U.S. e-commerce giants that primarily ship from domestic warehouses, Shein and Temu directly ship goods from Chinese factories to U.S. consumers using air cargo. This has led to a 14% increase in air cargo rates from China to the ..read more
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Air Cargo Boom: Global Trade Reshaped by E-commerce Surge and Shipping Disruptions
Global Trade Magazine » Air Cargo
by Tim Jay
5M ago
The world of global trade is witnessing a seismic shift, propelled by a surge in e-commerce exports from China and disruptions in Red Sea shipping routes. These developments have led to a resurgent demand for air cargo, defying expectations during what is typically a slower period for shipping. E-commerce Dominance and Capacity Constraints Chinese e-commerce giants like Shein, Temu, and Alibaba are driving a significant portion of the airfreight demand, particularly in the realm of fast fashion and online marketplaces. This surge in demand has outpaced the growth in airfreight capacity, leadin ..read more
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UPS to Replace FedEx as U.S. Postal Service’s Primary Air Cargo Provider
Global Trade Magazine » Air Cargo
by Tim Jay
6M ago
In a significant development within the logistics industry, United Parcel Service (UPS) has announced its pivotal role as the primary air cargo provider for the United States Postal Service (USPS), effectively replacing its longstanding rival FedEx. The decision marks the culmination of FedEx’s more than two-decade partnership with USPS, signaling a strategic shift in the dynamics of air-based express deliveries. USPS, a major customer for FedEx’s air-based Express segment, has undergone operational restructuring, transitioning from planes to more cost-effective truck-based transportation for ..read more
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