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Previous industry experience includes president and CEO of Port America Group and president and CEO of P&O Ports North America. billion in its infrastructure – creating a network of six terminals that can handle any type of cargo. Prior to that, he was the CEO of Global Container Terminals. billion in state and local taxes.
Global commercial aviation charter company Albion Aviation Group is reporting that it is seeing a considerable uptake in its professional cargo broker training courses from… The post On a course for the new normal – AIR CARGO WEEK appeared first on 24/7 Customs Broker News.
But, of course, when dealing with systems that operate at such scale, exceptions happen. Eytan Buchman CMO, Freightos Group Eytan Buchman loves freight so much he shouts out container sizes while he walks around. Surely all the technology and guardrails should prevent this type of disaster. It’s the gritty reality of logistics.
Russian Air Cargo Carrier Volga-Dnepr recently announced the appointment of one industry’s leading commercial executives Robert van de Weg. The new role will see him undertake the commercial activities of all the Group’s airlines, including Atran Airlines, AirBridgeCargo Airlines and of course Volga-Dnepr Airlines.
The Danish group Maersk Line said that “Due to the impact of the lockdown, we have seen an increased yard density for dangerous goods and reefer containers in Shanghai terminals. We recommend customers, when possible, ship or divert the cargo to other Chinese destinations or other markets in order to avoid the congested port.
American Airlines is utilizing its currently grounded passenger aircraft to move cargo between the United States and Europe, ensuring the world’s goods continue to get where they need to go. The first cargo-only flight departs from Dallas Fort Worth International Airport (DFW) tomorrow, March 20, landing at Frankfurt Airport (FRA) March 21.
Shipping Business = the act of carriage of cargo from point A to point using the ships which falls under the Maritime industry. Freight = the cargo that is carried using the shipping services offered by the shipping lines using the ships which falls under the Maritime industry. General Cargo Carriers. An estimated 89.5%
And, of course, then the potential recession started to tamper demand. Meanwhile, massive passenger airline restrictions dramatically reduced air cargo capacity, sending rates through the roof. Which is where the Freightos Group comes in. FBX 01 (China – US West Coast) over the last three months of COVID-19.
As a disclaimer, WebCargo , a Freightos Group company, does offers digital services to global forwarders and carriers, including online sales portals, digital eBooking, multimodal rate management and the Freightos.com freight marketplace. . The shift to full end-to-end integration, of course, leaves no one else in the middle.
Establishment of new working groups. Having concluded the first stage of the working groups and the mandatory nature of the Miscellaneous Fiscal Rule 2.7.1.9. Having concluded the first stage of the working groups and the mandatory nature of the Miscellaneous Fiscal Rule 2.7.1.9. Mexico City, September 6th, 2021.
Looking Ahead. While carriers like MOL are solving a short term problem for Japan as a whole, plans are already in place to mitigate Japanese reliance on Russian LNG.
Transatlantic rates dropped sharply this week as capacity added to the lane over the course of the year has outstripped declining demand. The air cargo charter market is likewise facing overcapacity challenges , with some carriers grounding freighters until a hoped-for rebound in December.
He will report directly to Diego Aponte, Group President, and Gianluigi Aponte, founder and Group Chairman. MSC is confident that this appointment will bring significant value to its cargo businesses, building on the company’s existing strengths and boosting its development plans even further.
To learn more about the vital and important Aid & Relief sector, we spoke with Mr. Stuart Smith , Director Development & Director Humanitarian, Volga-Dnepr Group. Carriers will often receive cargo from the airport cargo handling agent and work with the customer to prepare the shipment for carriage. Handling it All.
Anti-narcotics investigators have uncovered substantial amounts of the disguised drugs in the past two years as smugglers go to ever-more elaborate lengths to get illicit cargoes on board ships. It will be interesting to see how these smugglers will change course when fossil fuels are completely replaced by renewables.
IAG Cargo has today announced its 2019 full year results, reporting commercial revenues of €1,117m over the period from January 1 to December 31, 2019, a decrease of 7.2 Lynne Embleton, CEO at IAG Cargo, commented: “As IATA has noted, it has been a tough year for the air cargo industry. per cent on 2018 at constant currency.
Crossing one million bookings annually in 2023, we’ve made significant headway in digitizing spot freight pricing and bookings, especially in air cargo. Airlines representing over 70% of global air cargo capacity are on the WebCargo by Freightos platform and more ocean liners are in the process of joining. And it’s happening.
One of the world’s leaders in the global market for the movement of oversize, unique and heavy air cargo, Volga Dnepr Group , recently announced they would continue to expand their strategic partnership at Leipzig/Halle Airport with Mitteldeutsche Flughafen AG (MFAG).
Editor’s Note: This is a blog by one of our affiliate partners, Global Vision Group , a Federal Maritime Commission licensed Non Vessel Operating Common Carrier (NVOCC) and Ocean Freight Forwarder (OFF). What Is The Best Course Of Action To Deal With These Problems? So What Is An Importer To Do?
Currently, the Clean Cargo initiative put forth by the Business for Social Responsibility organization is providing data that measures and reports environmental performance for ocean carriers, specifically reporting CO2 emissions. Clean Cargo has calculated thy since the year 2015, there has been a 9.6% Industry standards.
I was fortunate to be able to attend again this year, and, though I couldn’t sit in on all the sessions or meetings I would’ve liked, here are my key takeaways: Geopolitical challenges, Red Sea especially Geopolitics were, of course, on people’s minds.
The current corona epidemic is having a significant impact on the air cargo industry. We are a forwarders airline and we will further expand on those relationships by enhancing the group of close partners,” says Wolfgang Meier, CEO/President of Silkway West Airlines. “In
Mike Bhaskaran, Group COO of Digital Technology at DP World , shares his predictions on technology innovations that will impact the supply chain logistics industry in 2023. The journey from A to B features numerous blind spots, with businesses often unable to account for their cargo at any given moment while it moves across the sea or land.
After a construction phase of eleven months, cargo-partner are celebrating the official opening of their iLogistics Center near Ljubljana Airport with a gala dinner. The new iLogistics Center is the largest logistics complex of the cargo-partner group.
The firms are on course to add 115,000 jobs by 2030, according to the Semiconductor Industry Association — but at current degree completion rates, the group says, nearly three-fifths of those jobs could remain unfilled. It estimated that the economy grew at a 2.4 percent annualized rate in the April-June quarter.
A report from LogIndex, the data company that is part of freight forwarder Kuehne + Nagel Group, has ranked the world’s airports according to their airfreight growth rates on a moving 12-month basis (see below for table).
Read more cargo airport news. .
Read more cargo airport news. .
Imported from China via a cargo plane provided by the Cargolux airline, this machine has a production capacity of one million masks per week. Bolloré Logistics ‘ hub in Luxembourg recently received a machine to make surgical masks on behalf of the Luxembourg company ALLPHARMA.
Over the course of three days, the event welcomed visitors from more than 30 countries. Companies such as Cargomind, CEVA Logistics, Packeta Group, GLS Slovakia, FEDEX, LOT Polish Airlines, Turkish Cargo, Budapest Airport, and many others presented themselves at the exhibition. AIR CARGO EXCELLENCE – TURKISH CARGO.
Water Technologies produces high-quality drinking water from contaminated water within seconds and was a gift from Israeli Prime Minister Benjamin Netanyahu to India’s Prime Minister Narendra Modi in the course of Netanyahu’s first visit to India. Customs & Border Patrol is essential to your cargo clearing customs.
Cargo ships avoiding Houthi attacks in the Red Sea face a different kind of delay-causing threat as they go around the southern tip of Africa: storms and 30-foot swells. Vessels are expected to seek shelter/alter their course to avoid the impacted areas,” Maersk, the world’s No. 2 container carrier, said in an advisory.
Deutsche Post DHL Group can look back on another very good financial year. The Group’s operating profit climbed by 7.2% Group revenue was up by 5.4% Deutsche Post DHL Group has applied the IFRS 16 accounting standard with effect from the beginning of 2018. billion in the 2017 financial year. billion to this total.
With decades of experience between them, ANTONOV Company and Dreamlifts, which is managed by an international group of well-known experts in the field, have provided a seamless transition to ANTONOV Airlines customers in the global supply chain.
In Kudamatsu, Yamaguchi prefecture, Japan, train bogeys were recently loaded onto a vessel as they set course for Thailand. SPM), a Thai lineage ocean carrier who are part of the Siam ECL Group Company. “A The discharging process is quite simple, the vessel is crane moves cargo from the vessel directly to consignee trucks.
The most famous shortage, of course, was the toilet paper shortage, which was really more about a shift in usage and panic buying than production. And just last year, it was reportedly in talks with Simon Property Group to convert bankrupt JCPenney and Sears department stores into fulfillment centers.
Cyber technologies have become essential and critical not just to the operation and management of numerous systems and processes on board ships but also for the safety, security and protection of the ship, the crew, the cargo, and the marine environment.
He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains. Scenarios allow planners to ask all kinds of what-if questions to help determine the best course of action under a variety of future outcomes.
When you can barely see beyond the bow of the ship, when extreme wind and waves threaten to throw you off course – or worse, sink you – it’s understandable that long-term thinking can get chucked overboard like so much extra ballast. I can only imagine what it must be like to be at sea during a major storm.
But more blatantly than ever, container liners – and especially Maersk – are on a collision course with the tech companies that provide digital infrastructure for selling goods. The Loadstar found that Alibaba has a minority stake – by way of Cainiao – in Transfer , an ocean liner owned by Worldwide Logistics Group.
in worldwide air cargo volumes.
only, while air cargo originating in Africa contracted by 7.5%.
For the 2017 fourth quarter as a whole, YoY volume growth was 6.6%: “Impressive in the light of the fact that air cargo – after years of a lacklustre performance – started to grow again as from September 2016.”
During a normal Olympics, millions of spectators flock to venues to watch over 300 events unfold over the course of two-plus weeks. The kick-off to the 2020 Summer Olympics in Tokyo, Japan is just two weeks away, after being postponed last summer due to the Covid-19 pandemic.
Ahead of the WOF SUMMIT , which takes place in Vienna on 4 th -5 th May, we caught up with Chief Commercial Officer of the WOF Group Christoph Grasl and asked him about this inaugural event. From 2009 he became MD of one of the leading air and sea cargo forwarders in Austria and had the Regional Director role for Central Eastern Europe.
The American and Canadian militaries believe that the balloon was for surveillance, while the Chinese government said it was a civilian meteorological research airship that had blown off course. Last year’s negotiations took place as dozens of container ships were backed up off the coast of California waiting to unload cargo.
Industry professionals, policymakers, and stakeholders alike are encouraged to seize the unique platform offered by this event to chart the course for a more connected, efficient, and inclusive logistics ecosystem.
Of course, just a few weeks ago the Federal Maritime Commission (FMC) launched an investigation into potentially unfair demurrage and detention charges that are being levied against cargo owners, often for events beyond their control. Poor data quality can lead to these costly fees with damaging ramifications.
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