The International Air Transport Association (IATA) released data for global air freight markets showing that growth continued to slow in May. Compared to May 2014, growth in freight tonne kilometers (FTK) was 2.1 per cent, the slowest rate this year and outpaced by a capacity expansion of 4.3 per cent. On a year-to-date basis, freight volumes are up four per cent on the previous year, but much of that growth was realised in the latter part of 2014. Carriers in most regions, with the exception … [Read more...] about Cargo growth has "come off the boil": IATA
IATA
SDV to take CEIV Cert to 16 major airports
SDV, a leader in the global supply chain management of pharmaceutical products, is set to become the first freight forwarder to implement IATA’s CEIV Pharma Certification in 16 major airports worldwide. SDV has unveiled its plan to become the first company in the international transport and logistics industry to implement certified worldwide locations under IATA’s programme. The Center of Excellence for Independent Validators (CEIV) Pharma certification programme aims to become … [Read more...] about SDV to take CEIV Cert to 16 major airports
Modal shift for Cathay’s James Woodrow
Hong Kong's Swire group has has announced another in what appears to be a fairly regular management shakeup, which will see James Woodrow move from director of cargo at Cathay Pacific Airways to the shipping side of Swire’s vast business empire. Effective this summer Woodrow, who is also the current chairman of the International Air Transport Association's (IATA) Cargo Committee, will become managing director at The China Navigation Company Pte Ltd (CNCo). The move marks a return to sea freight … [Read more...] about Modal shift for Cathay’s James Woodrow
Modal shift for Cathay's James Woodrow
Hong Kong's Swire group has has announced another in what appears to be a fairly regular management shakeup, which will see James Woodrow move from director of cargo at Cathay Pacific Airways to the shipping side of Swire’s vast business empire. Effective this summer Woodrow, who is also the current chairman of the International Air Transport Association's (IATA) Cargo Committee, will become managing director at The China Navigation Company Pte Ltd (CNCo). The move marks a return to sea freight … [Read more...] about Modal shift for Cathay's James Woodrow
Andres Conesa named IATA chairman
The International Air Transport Association (IATA) announced that Andres Conesa, CEO of Aeromexico, has assumed his duties as chairman of the IATA Board of Governors for a one-year term, effective immediately. He is the first Mexican to hold this position. Conesa succeeds Calin Rovinescu, CEO of Air Canada, whose one-year term expired at the conclusion of the Association’s 71st Annual General Meeting (AGM) and World Air Transport Summit in Miami, Florida. Rovinescu will continue to … [Read more...] about Andres Conesa named IATA chairman
IATA to help build new Mexico City airport
The International Air Transport Association (IATA) and Mexico’s Ministry of Communications and Transportation signed an MOU in which IATA will provide technical and operational assistance for the design and construction of Mexico City’s new airport. The agreement also encompasses IATA offering technical and professional advice for the current Mexico City airport to ensure it continues to operate efficiently until the new facility is completed around 2020. Tony Tyler, IATA’s … [Read more...] about IATA to help build new Mexico City airport