• Cargo drop stabilised but Swine flu new threat

    A stabilisation of global inventory levels has helped stabilise air freight demand and halted the freefall according to the International Air Transport Association (IATA) as it warned that concerns over a swine flu pandemic could have a significant impact...... Read More
  • Agility opens new Asia Pac HQ in Singapore

    Agility has announced the establishment of its Asia Pacific headquarters in Singapore and unveiled an additional state-of-the art Regional Distribution Centre (RDC) in the city. The new regional HQ will consolidate many of the regional and global management teams...... Read More
  • TNT opens expanded Regional Hub in Singapore

    The expanded S$20 million facility, capable of handling over 300 tonnes of cargo per day, is a key component of the express logistics company’s pan-Asian road network and is Singapore’s first integrated air and road hub. In late 2005...... Read More
  • Semiconductor decline may be moderating

    Global semiconductor sales declined again in February, down 30.4 per cent year-on-year to US$14.2 billion, but there is some indication the rate of decline is moderating from the fourth quarter of last year, according to the Semiconductor Industry Association...... Read More
  • Düsseldorf eyes move into perishable business

    Düsseldorf International Airport is looking to the perishables sector to boost cargo growth citing continued healthy growth of the sector and the large catchment area of the North Rhine Westphalia region, with Düsseldorf at its heart, in all accounting...... Read More
  • 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