News Archive
Airlines saw ‘steep declines’ in Asian airfreight during February

  Asia Pacific airfreight markets recorded “steep declines” in February according to preliminary figures issued by the Association of Asia Pacific Airlines (AAPA). The association saw the “prevailing weakness” in air cargo markets “further aggravated” by the closure of businesses during the region’s holiday period. Said an AAPA spokesperson: “Air cargo markets recorded

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CMA CGM nears 90% of voting rights in CEVA Logistics

CEVA Logistics is likely to de-list from the SIX Swiss Exchange later this year after confirming media reports that French shipping group CMA CGM is on course to control almost 90% of the voting rights in the supply chain company. Switzerland-based CEVA said that a SFr30 per share public tender offer by CMA CGM, and the acquisition of additional shares, would give the shipping giant an aggregate of at least 49.4m shares, corresponding to

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E-commerce and specialist products can ‘cushion’ air cargo in economic downturns

Growing e-commerce volumes and specialist high value products such as pharma and perishables provide  a “cushion” and “in-built resilience” for air cargo in times of global economic downturns. IATA Cargo boss Glyn Hughes, speaking after the three-day World Cargo Symposium (WCS) in Singapore, said that there was a mood of “buoyancy and optimism” among the record attendance of nearly 1,300 industry

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Asian air cargo faces short-term turbulence

The Asian air cargo industry faces turbulence over the coming months, with predictions of further demand declines. Speaking at the World Cargo Symposium, IATA chief economist Brian Pearce painted a bleak picture for air cargo in Asia over the next few months. He said the US-China trade war had already put pressure on the region. The intra-Asia region saw demand decrease by 5% year on year in January, while at Asian carriers there was

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ALI: Digitalisasi Logistik Itu Ibarat Beli Tiket Tak Lewat Travel Agent

Bisnis. Oleh: Rinaldi Mohammad Azka   Bisnis.com, JAKARTA - Asosiasi Logistik Indonesia memprediksi penghematan hasil dari integrasi digital di sektor logistik sangat signifikan.   Ketua Umum ALI, Zaldi Ilham Masita, menuturkan bahwa penghematan biaya dan waktu akan sangat besar. "Minimal 30% biaya operasional akan hemat dan user exprience akan menjadi lebih baik. Sama seperti membandingkan dulu

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