• Logistics confidence down, but some optimism

    Overall confidence in the logistics industry has declined slightly in March over the past month, according to the latest edition of Recession Watch, by industry analyst group Transport Intelligence (Ti), but looking ahead respondents were slightly more optimistic than...... Read More
  • US freight index shows further March decline

    A key measure of industrial shipping in the US has shown a further 3.5 per cent decline from February to March after offering a glimmer of hope in February when it showed its first fractional gain in six months....... Read More
  • Decline continues for European carriers

    Air cargo has “all but collapsed,” according to the Association of European Airlines (AEA), who said traffic volumes were down by around a fifth for the first two months of the year, the worst figures on record. Passenger traffic...... Read More
  • IATA ups ’09 forecast with $4.7B industry loss

    Estimated losses for the global air industry are expected to nearly double from December’s forecast for 2009 as air carriers grapple with the worst crisis in over 60 years, with the International Air Transport Association (IATA) saying a significant...... Read More
  • US forwarders say screening hurdles remain

    Testifying recently before a US congressional subcommittee, the executive director of the US Airforwarders Association (AFA), Brandon Fried, acknowledged progress had been made on screening cargo in the belly holds of passenger aircraft, but warned three primary challenges still...... Read More
  • Qatar, Saudi up aviation cooperation

    Qatar and Saudi Arabia have agreed to improve cooperation between the two countries’ aviation markets with a deal recently signed by Saudi Arabia’s General Authority for Civil Aviation (GACA) and the Qatar Authority for Civil Aviation. “By this agreement,...... Read More
  • ASEAN must aim high in market liberalisation

    ASEAN has missed the December 2008 deadline to open markets between capital cities on a multilateral basis, said the director general and CEO of the International Air Transport Association’s (IATA), Giovanni Bisignani. “Malaysia must be a strong voice encouraging...... Read More
  • OECD cuts China’s growth figure again

    The Organisation for Economic Cooperation and Development (OECD) will cut its 2009 economic growth projection for China to below 6.5 per cent, the Wall Street Journal reported. The OECD’s previous forecast, made in November, was 8 per cent, but...... Read More
  • Congressional report questions TSA scan plan

    The ambitious plan by the US Transportation Security Administration to screen all 3.5 million tonnes of cargo transported annually on passenger airliners in the US may come up short, according to a report by Congress’ Government Accountability Office (GAO)....... Read More
  • Virgin Atlantic cuts Mumbai service

    Virgin Atlantic Airways will cease operations – at least temporarily – on its Mumbai-London service from May as the economic crunch continues to take its toll on the global aviation industry. “We have decided to temporarily suspend operations to...... Read More