Category: North America

High prices remain big concern for air cargo customers

Bruce Chan, vice-president of the transportation and logistics sector at investment banking company Stifel, outlines: ‘We expect volatility in global air cargo spot rates to be amplified by the structural lack of capacity created by the void of wide-body [passenger aircraft] belly capacity in the marketplace. That goes for both expected seasonal volatility, and the seemingly endless string of [extraneous] supply chain shocks,” he adds.

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DHL commits €7bn to massive systemwide green scheme

Frank Appel, chief executive of DPDHL Group, confirms this corporate commitment with the statement: “As the world’s largest logistics company, it is our responsibility to lead the way and guide the logistics industry into a sustainable future. We are turning our yellow group [livery colour] into a green company and making an important contribution to our planet and society.”

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Capacity shortage means air cargo pricing will remain volatile

Bruce Chan, vice-president of the transportation and logistics sector at investment banking company Stifel, points out: “E-commerce continues to drive significant consumer airfreight demand, especially for high-value, small-batch inventory. Shippers in that segment with high-margin goods have a lower demand elasticity threshold for airfreight and may price others out of the market.”

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Demand surge forces ANA to operate B777Fs to Los Angeles

Commenting on the latest strategic route decision, Toshiaki Toyama, the executive vice-president of ANA and president of ANA Cargo, outlines: “A number of factors have led to increased demand for cargo flights connecting Japan and North America. “Our fleet of capable aircraft is able to meet the demand and support global supply chains in operation [especially] at this critical time.”

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Rival German and US hubs hold hands in unique cargo alliance

Mike Dunn, director of RFD, notes that the pronounced similarities between the two partner airports offer the opportunity to proceed proactively and efficiently “to positively influence economic development and the expansion of jobs in our regions,” he says. “As we share the same goals, we can support each other in terms of our services and knowledge which, in turn, benefits our freight customers.”

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K + N, AA Cargo bring carbon-neutral flights a step closer

Commenting on this partnership, Yngve Ruud, a member of the management board of Kuehne + Nagel and who is responsible for air logistics, observes: “The demand for environmentally-friendly air logistics services is certainly on the rise. Through the innovative collaboration with American Airlines, we commit to support our customers’ sustainability ambitions and contribute to the development and widespread use of alternative aviation fuels.”

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IAG Cargo sees car industry freight figures drive up

Freddie Overton, regional commercial manager for Europe and Africa at the airfreight division of International Airlines Group (IAG), insists: “The use of airfreight in the automotive industry continues to grow and, given the need to operate on a just-in-time basis, only air cargo can transport such time-critical spare parts to their destinations in hours rather than weeks.”

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Swissport promotes Mena to new head of the Americas

Christoph Mueller, president and chief executive of Swissport International, enthuses: “As head of Swissport in North America, Frank has proven his ability to professionally lead our organisation in the USA and Canada and guide the company through the COVID-19 crisis. Together with his team, he will support our customers to quickly emerge from the crisis.”

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