18 March, 2024
IAG Cargo launches new service between Barcelona and Miami
Cathay Cargo Terminal first air cargo terminal in Hong Kong to enable ePayments...........Providing seamless payment for cargo collection
Cathay Cargo Terminal has become the first air cargo terminal in Hong Kong to introduce a business-to-business (B2B) ePayment solution, partnering with leading global cargo payment platform PayCargo to offer a secure, user-friendly, and efficient digital payment method for import cargo collection.
14 March, 2024
Emirates SkyCargo is now live on cargo.one
The new channel cements Emirates SkyCargo’s presence on three of the biggest digital marketplaces, providing more choice and flexibility for global customers.
Airbus establishes an OpenCargoLab with leading airfreight industry partners
13 March, 2024
Emirates SkyCargo is now live on cargo.one
The new channel cements Emirates SkyCargo’s presence on three of the biggest digital marketplaces, providing more choice and flexibility for global customers.
12 March, 2024
Sustainability, digitalization and safety in air cargo
The International Air Transport Association (IATA) reviewed progress in digitalization, safety and sustainability at the opening of the IATA World Cargo Symposium with the aim of accelerating progress on these critical priorities. “Air cargo volumes are now firmly back to pre-pandemic levels. The challenge now is to ensure that air cargo growth is efficient, safe and aligned with achieving net zero carbon emissions by 2050. Through the hard work of the air cargo industry, the building blocks are in place to significantly accelerate progress in all these areas,” said Brendan Sullivan, IATA’s Global Head of Cargo at the World Cargo Symposium (WCS), which opened in Hong Kong, today. Digitalization “The biggest opportunity for the air cargo industry is digitalization. This has not happened as fast as any of us would have liked. But progress is real. Inefficient paper-based, manual processes are being replaced with digital solutions in all aspects of cargo operations from tracking to customs clearance. That’s a fact. And it’s making international trade more efficient. Our call to action is clear: Governments must consistently implement global standards, supply chain partners need to collaborate to overcome shared challenges, and the entire industry must align to ensure a unified and effective approach to digitalization,” said Sullivan. Three areas were highlighted to illustrate progress: • Seamless sharing of digital information: The adoption of the ONE Record standard is enabling efficient data exchange throughout the supply chain. The aim is for all IATA members to achieve ONE Record capability by January 2026. Cathay Cargo and Lufthansa Cargo have already met this target. And all major airline IT platform providers have pledged to attain ONE Record capability to support this transition. • Digitalization of customs and trade facilitation processes: Among countries already implementing, Brazil's use of IATA's digital standards has cut cargo release times from 5 days to just 5 hours, potentially reducing manual processing by up to 90%. And the EU, UAE and Canada recognized the value of accurate data sharing across the air cargo supply chain and will adopt pre-loading advance cargo information systems by the end of 2024. The US was the early-adopter of this in 2019. • Shipment tracking: The updated IATA Interactive Cargo Guidance offers a unified framework, enabling tracking devices to ensure the quality and accuracy of conditions for time and temperature-sensitive goods. This is critical to facilitate growing demands for real-time shipment tracking by e-commerce and pharmaceutical trade. |
04 March, 2024
Ethiopian inaugurates the first of its kind e-commerce logistics facility at Bole International Airport
The facility positions Addis Ababa to be the cross-border e-commerce logistics hub for Africa and beyond
29 February, 2024
Air Canada Cargo Named 2024 ATW Cargo Operator of the Year
First Canadian operator to receive the award
08 February, 2024
IATA World Cargo Symposium agenda released.
Speakers & Sessions
• Sustainability, which will include sessions on tracking progress towards net zero carbon emissions by 2050, ESG reporting, optimizing operations for environmental performance, reducing single use plastics, and circular strategies for Unit Load Device (ULD) components.• Digitalization, which will include sessions on data driven strategies to improve performance and reduce costs, achieving the efficiencies of OneRecord, and the potential for generative AI in air cargo.• Safety & Security, which will include sessions on Annex 18 Regulatory oversight of freight forwarders/handling agents for dangerous goods shipments, fire containment strategies for lithium battery shipments, ULD airworthiness, latest developments for the safety of live animal shipments, implications of an integrated risk management framework.
06 February, 2024
Virgin Atlantic Cargo Joins Freightos' WebCargo to Bring Air Cargo eBooking to Thousands of Freight Forwarders Globally
31 January, 2024
Air Cargo demand surges 10.8% in December....
22 January, 2024
IAG Cargo named as one of UK’s Top Employers
Top Employers Institute has named IAG Cargo as a Top Employer for 2024 The Top Employer Institute is the global authority on recognising excellence in people practices. The Top Employers Institute programme certified IAG Cargo based on its excellent HR policies and people practices
16 January, 2024
IAG Cargo to open applications for 2024 graduate scheme at London Heathrow
IAG Cargo is taking applications for its 2024 Graduate Scheme
The programme has been running for 11 years and specially selects the top 1.1% of applicants to launch their careers in global logistics
Successful candidates will gain experience across a range of head office functions and have great opportunities for fast progression within the business.
15 January, 2024
Odys Aviation and Aramex Announce Partnership to Develop Cargo Operations in the United Arab Emirates and Oman
10 January, 2024
Air Cargo Demand Up 8.3% in November
Some indicators to note include:
|
1% of industry CTKs in 2022 2year-on-year change in load factor 3Load Factor Level |
November Regional Performance (total market)
Asia-Pacific airlines saw their air cargo volumes increase by 13.8% in November 2023 compared to the same month in 2022. This performance was significantly above the previous month’s growth of 7.6%. Available capacity for the region’s airlines increased by 29.6% compared to November 2022 as more belly capacity came online with the removal of COVID-19 restrictions.
North American carriers had the weakest demand growth in November with a 1.8% increase (YoY) in cargo volumes. This was, nonetheless, a significant improvement in performance compared to October’s -1.8% contraction. Capacity increased by 4.0% compared to November 2022.
European carriers saw their air cargo volumes increase by 6.7% in November compared to the same month in 2022. This was a stronger performance than in October (1.0%). Capacity increased 6.5% in November 2023 compared to 2022.
Middle Eastern carriers had the strongest performance in November 2023, with a 13.5% year-on-year increase in cargo volumes. This was similar to the significant improvement noted in the previous month’s performance (+13.0%). Capacity increased 15.4% compared to November 2022.
Latin American carriers experienced a 4.2% increase in cargo volumes compared to November 2022, very similar to the 4.0% year-on-year increase recorded for October. Capacity in November was up 7.7% compared to the same month in 2022.
African airlines saw their air cargo volumes increase by 3.9% in November 2023, slightly improved compared to October’s +2.9% growth performance. Capacity was 14.0% above November 2022 levels.
06 December, 2023
Repsol to supply SAF to Atlas Air and Inditex for regular use on cargo flights....
Flights from Zaragoza Airport (Spain) carried out by Atlas Air for Inditex are using sustainable aviation fuel (SAF) produced by Repsol.
Atlas Air becomes the first cargo airline to use SAF regularly on its freight transport flights in Spain, marking a new milestone towards the decarbonization of the airline sector.
Air Cargo Demand up 3.8% in October says IATA
Several factors in the operating environment should be noted:
• Economic activities slowed in October. With the Purchasing Managers’ Index for manufacturing output and export orders for major economies (excluding the US) remaining below the critical 50 mark, there is a clear marker for economic challenges ahead.• Inflation in major advanced economies continued to ease from its peak in terms of Consumer Price Index (CPI), reaching between 3% and 4% for the US and for the EU respectively, in October. China’s CPI, however, indicated deflation for the second time this year, raising concerns of an economic slowdown.• Global trade reversed its downward trajectory and stabilized in September. Although below its 2022 peak, global cross-border trade is more than 5% above pre-pandemic levels.• After a continuous 17-month decline, cargo yields ticked-up in September and continued into October with a 2.6% month-on-month gain, remaining well-above pre-pandemic levels.
04 December, 2023
IAG Cargo hosts roundtable in India to discuss growth in the region
IAG Cargo has 56 flights per week from India across 5 routes and has seen a 31% increase in tonnage versus last year – with notable growth in Constant Climate, Fresh and Courier