Hints and tips:
...What holiday demand will look like is in flux, said Vaughn Moore, chief executive of freight forwarding company AIT Worldwide Logistics, noting that two of his large retail clients have downgraded their...
...The letter, seen by the Financial Times and first reported by Reuters, was signed by the largest US carriers as well as the air freight arms of two of the biggest logistics groups, UPS and FedEx....
...there by air....
...Mike Regan, whose consultancy TranzAct Technologies advises shippers on logistics, warns it will last well into 2019. “Call it the freight-pocalypse,” Mr Regan says....
...But news that Jeff Bezos’ e-commerce business Amazon has entered into agreements with Air Transport Services Group to lease air cargo planes to support one and two-day delivery in the US, has raised concerns...
...The company will lease 20 Boeing 767 jets from Air Transportation Services Group, an air cargo company based in Wilmington, Ohio, that is the world’s largest owner of converted Boeing 767 freight aircraft...
...Truckmakers and logistics companies are salivating at the potential gains to be had by introducing automation into road-going freight transport....
...While express parcel and logistics operators such as UPS and FedEx are vulnerable to swings in world economic demand, they are also exposed to changes in air cargo capacity....
...Less time-critical goods that once went by air often move by ship or truck instead....
...People familiar with the negotiations have indicated that UPS is offering to dispose of assets in about 10 European countries, and to pledge that competitors can use the combined group’s air freight network...
...Ireland’s ASL Aviation Group has agreed to buy TNT Express's two airlines for an undisclosed sum, provided that UPS's €5.2bn acquisition of the Dutch logistics company goes through....
...DHL was, he went on, far larger than any rival in the global contract logistics business – providing outsourced logistics services for companies....
...A group aiming to substitute 300kph rail services for some short-haul European air freight flights hopes to launch its first services between the Continent and the UK later this decade, it has announced...
...Because of long lead times, even aircrafts still on multiyear contracts from the US, such as Bell Boeing’s V-22 tilt rotor, a helicopter propeller aircraft hybrid, need to quickly secure international customers...
...The challenge for the air freight industry, according to Mark Parsons, a senior executive in the UK and Ireland supply chain business of DHL, the logistics operator, is that its product tends to be used...
...However he added that air freight markets were sluggish due to inventory adjustments in the technology sector....
...Companies’ desire to hold minimal stock, for example, can present severe challenges for the shipping lines and air freight operators that move the goods....
...2010 but 4.8 per cent less freight was carried....
...The highest quality reports, in PwC’s judgment, were issued by six airlines: Air France-KLM, Delta Air Lines, Iberia, Chile’s LAN Airlines, Lufthansa, US budget carrier Southwest Airlines and the freight...
...Professor Alan Braithwaite, an experienced logistics consultant, says companies are constantly struggling to reduce air freight use....
...To offset its inland location, Chongqing has been linked up to transcontinental freight services. This month, an air freight service to Antwerp was inaugurated....
...The haulier, which is recasting itself as a transport group by offering rail, air and sea freight as well as warehousing services, said it suffered a £1.5m ($2.4m) hit from the big freeze in December....
...In the manufacturing sector, JAE, an electronics and electrical components maker is using forecasting software to help it to switch goods bound for Europe from air freight to sea....
...The catastrophe comes soon after similar shocks to supply chains, such as the Icelandic volcanic ash clouds that crippled crucial air freight routes last year and labour unrest at electronics production...
...Logistics and freight companies are a bellwether of world trade and the underlying economy....
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