Air freight growth slows to 2.1pc in July
Air freight demand, measured in freight tonne kilometres, rose 2.1 per cent in July 2018 – the slowest pace of growth seen since May 2016 and well below the five-year average growth rate of 5.1 per cent.
Air freight demand, measured in freight tonne kilometres, rose 2.1 per cent in July 2018 – the slowest pace of growth seen since May 2016 and well below the five-year average growth rate of 5.1 per cent.
Rhenus Logistics is to expand its presence in Ireland through its acquisition of temperature-controlled, pharmaceutical shipments and hazardous consignments provider Avant Air and Sea.
Air cargo capacity is growing faster than demand, according to the International Air Transport Association.
Third party logistics provider Kuehne + Nagel has acquired an Ecuador-based perishables business specialising in air transport of flowers and fruits named Panatlantic Logistics.
DHL has ordered 14 Boeing 777 freighters in a deal worth some $4.7 billion. The order, unveiled at the opening of the 2018 Farnborough Air Show, includes purchase rights for an additional seven freighters.
Gebrüder Weiss has opened a new air & sea office at Esslingen near Stuttgart.
Global air cargo demand in May was up 4.2 per cent on the year before, according the International Air Transport Association.
Supply chain planning and optimisation provider Quintiq is to deliver production planning solution for Lufthansa Cargo’s Frankfurt and Munich hubs to increase efficiency.
B&H Worldwide, the aerospace logistics provider, has appointed Colin Kaltner head of operations for the Oceania region while Sita Tauakipulu takes on the role of commercial accounts manager based in Auckland, New Zealand.
Construction on a third runway at Heathrow could start within three years after MPs voted on Monday to support the Airports National Policy Statement by 415 to 119.