Return to index-linked contracts an idea gaining traction with BCOs and forwarders

It’s time for the liner industry to ditch the flawed fixed tender process where “someone always loses” and revisit index-linked contracts.
In a webinar yesterday to reveal results of a survey of 80 senior executives, consisting of forwarders, BCOs and carriers, Freightos founder and chief executive Zvi Schreiber said there was considerable “frustration” with the traditional time-consuming method of tendering – not only from shippers, but also from carriers.
As a commodity, ...

The post
Read more...


Volatile air freight rates making 2019 market difficult for forwarders to read

Forwarders are deploying wildly different strategies in an air cargo market that so far this year has seen erratic and volatile rates. 
Interestingly, given the soft start to the year, average air freight rates have been higher than last year, but volatility between weeks has been far greater, noted Peter Stallion of Freight Investor Services. 
He pointed to data from the TAC Index, showing the actual net price index in dollars from a basket ...

The post
Read more...


Mandatory shaft power reduction on all ships may be the way to hit IMO emissions target

Japan’s International Maritime Organization (IMO) delegation is set to call for a mandatory shaft power reduction on all ships to help meet its commitment to cut shipping emissions by 40% by 2030.
A proposal, seen by The Loadstar but not yet made public, entails retro-fitting engine power limitation (EPL) systems on all non-EEDI 3-certified vessels.
“[It is] a simple device which can easily limit engine power by adjusting a fuel index limiter ...

The post
Read more...


US cargo carriers line up against the majors over ‘threat to ‘Open Skies’

US cargo airlines have again voiced their support for Gulf carriers in the face of a concerted effort by US legacy operators to disrupt the Open Skies agreement.
Lobbying as US Airlines for Open Skies (USAOS), Atlas Air, FedEx, Hawaiian Airlines and JetBlue wrote to secretary of state Mike Pompeo and secretary of transportation Elaine Chao to express their support for Open Skies and their concern at threats to it.
“The Open ...

The post
Read more...


JIT shipping could cut surging fuel costs and boost schedule reliability

Just-in-time (JIT) vessel arrivals could answer two of container shipping’s most pressing problems: surging fuel costs and poor schedule reliability.
Vessel tracking specialist MarineTraffic is working with the IMO’s Global Industry Alliance (GIA) to slash the time containerships spend idling outside ports by implementing a “JIT sailing” concept.
Argyris Stasinakis, MarineTraffic’s partner for business development, said the industry could achieve massive fuel savings and improved supply chain visibility as a result.
 
“To make ...

The post
Read more...


Amazon closes Chinese online store

So Amazon has failed at something: it has pulled out of China, a market sewn-up by its rivals, reports Reuters. It says it will close its Chinese online store by July, ending services on amazon.cn.  Shoppers in China will no longer be able to buy goods from domestic third-party sellers, but can still order globally via Amazon’s other platforms. Amazon purchased Chinese online site Joyo in 2004 for $75m, but ...

The post
Read more...


HNA subsidiary CWT International defaults on loan

A logistics subsidiary of troubled HNA Group has defaulted on a $179m loan and has either to pay or lose assets, according to Reuters. The subsidiary, CWT, told the Hong Kong Stock Exchange it had not paid interest or fees to its lenders. Its assets include CWT Logistics, as well as engineering and finance services, and property in the UK and US. HNA bought CWT for $1bn in 2017 and merged it with one of ...

The post
Read more...


Carriers wield the axe on more Asia-North Europe sailings to ‘stop the rot’

Ocean carriers plying the Asia-North Europe tradelane are taking measures to “stop the rot” by cancelling more sailings, according to Alphaliner.
Spot rates on the route have slumped to a 12-month low.
The North Europe component of the Shanghai Containerized Freight Index (SCFI) slid a further 2.7% last week to $640 per teu, and has fallen by 36% since early January.
Anecdotal reports to The Loadstar suggest carriers are beginning to panic and ...

The post
Read more...


Panalpina Q1 profits rise, despite ‘M&A distractions’

Improved efficiencies helped Panalpina to a first-quarter ebit up 15% to Sfr28.1m ($27.8m), while consolidated profit also rose 15%, to Sfr19.2m, with total operating expenses down 5% at Sfr290m.  
However, forwarding results saw declines and gross profit was down 2.6% to Sfr173.1m. 
Results in air freight implied the company was chasing market share at the expense of profit. While industry results for Q1 are not yet out, the market contracted in January and February, with industry-wide ...

The post
Read more...


Russia steams ahead, while UK rail freight sector calls on Whitehall for more support

A new report calls on the UK government to increase support for the country’s rail freight sector, with decarbonisation among its core concerns.
The National Infrastructure Commission highlights the need for rail freight to join other industries in committing to cut all CO2 emissions by 2050.
Responding to the report’s publication, director general of the Rail Freight Group (RFG) Maggie Simpson said she was pleased with the steps it lays out.
“The commission ...

The post
Read more...


The LoadStar

RSS-Feed

AirBridgeCargo Airlines (ABC) has chosen Worldwide Flight Services (WFS) as its handling partner to accelerate its strategic partnership with Liege Airport ahead of the opening of the first phase of its new dedicated cargo area at the airport at the end of 2019. 

The cooperation is in support of the strategic partnership signed between ABC’s parent company, Volga-Dnepr Group, and Liege to significantly increase cooperation between the two companies, boosting AirBridgeCargo’s volumes to and from the Belgian airport and placing Liege among the top five cargo airports in Europe by 2020. 

AirBridgeCargo Airlines selects Worldwide Flight Services to accelerate growth of strategic partnership with Liege Airport

AirBridgeCargo Airlines
16 APR 2019
Press release
SVO
Loading...
Disclaimer | Report content
077/MS: Space available to AMM, BEY & BOM!

077/MS: Space available to AMM, BEY & BOM!

Skyline Air Services
15 APR 2019
Available space
DE
Loading...
Disclaimer | Report content
Promo Rates for Your Cargo! Aeroflot Cargo.. Click for more information

PROMO RATES FOR YOUR CARGO - Aeroflot Cargo EU

Aeroflot -Russian Airlines
15 APR 2019
Special rates
ES,PT,IT,FR,TFS,VLC,ALC,AGP,LIS,VRN
Loading...
Disclaimer | Report content
Bij iedere boeking 5.000kg + naar China
* 2 kaarten voor NL pretpak naar keuze of
* 1 voetbalshirt van je favoriete club
BEL 020-2153330 of email SPL@alfaairlines.eu 

Pretpak kaarten of voetbalshirt naar keuze bij boeking China, Alfa Airline Services

Alfa Airline Services B.V.
15 APR 2019
General
NL
Loading...
Disclaimer | Report content
Effective 18.04.2019 Egyptair will start to operate daily with B789 ex FRA to CAI!
Short connex possible to KWI & JED!
Book now!

077/MS: Dreamliner daily ex FRA to CAI!

Skyline Air Services
12 APR 2019
Product news
DE
Loading...
Disclaimer | Report content
LEISURE CARGO PROUD TO ANNOUNCE START OF AIR TRANSAT DIRECT FLIGHTS EX AMS FLIGHTS TO YYZ, YVR AND YYC.

START OF AIR TRANSAT FLIGHTS EX AMS TO YYZ, YVR AND YYC

Airline Management Services BV
11 APR 2019
General
NL
Loading...
Disclaimer | Report content
Fast, faster....Wings it!

Wings: OBC services for freight forwarders

Wings On Board Courier Network
10 APR 2019
General
US,CA,Asia,Africa,Europe,AU
Loading...
Disclaimer | Report content

Royal Air Maroc - Wide Body capacity available LHR-CMN, Freighter Capacity LGW-CMN and beyond. Please call to discuss rates and services in further detail. LHR: 0208-7574730 Email: uksales@ecsgroup.aero


Royal Air Maroc - Wide Body and Freighter Capacity Available

ECS Group
10 APR 2019
Available space
gb
Loading...
Disclaimer | Report content

AirBridgeCargo Airlines (ABC), one of the leading cargo carriers in the transportation of special cargoes, and Sonoco ThermoSafe, a leading global provider of temperature assurance packaging, have signed the leasing agreement for the PharmaPort® 360 temperature-controlled container.

AirBridgeCargo Airlines inks a leasing agreement with Sonoco to broaden its capabilities for abc pharma customers

AirBridgeCargo Airlines
09 APR 2019
Press release
SVO
Loading...
Disclaimer | Report content

AirBridgeCargo Airlines, one of the market leaders in the transportation of oversized and heavy shipments, has recently transported its record breaking 40-tonne shipment, showcasing advantages of its dedicated abc XL product.

The 8-meter long single spare part with a weight of 37,500kg was trucked from the Belgian plant of Jan De Nul Group, a leading maritime construction company from Luxembourg, to Frankfurt, which was handled by the awarded forwarder Ziegler.

A record 40-tonne shipment finds its perfect match with abc XL solution

AirBridgeCargo Airlines
08 APR 2019
Press release
SVO
Loading...
Disclaimer | Report content
MAGMA AVIAION is operating in month 4 on day 4 B747 LGG/NBO

MAGMA AVIAION is operating in month 4 on day 4 B747 LGG/NBO

International Airline Partners
08 APR 2019
General
nl
Loading...
Disclaimer | Report content
077/MS: Space available to JNB!
Daily flights ex CAI!
Book now!

077/MS: Space available to JNB! Daily flights ex CAI!

Skyline Air Services
08 APR 2019
Available space
DE
Loading...
Disclaimer | Report content
Effective today, US customers can contact Wings directly.

Important announcement Wings & Hermes Aviation

Wings On Board Courier Network
05 APR 2019
General
US
Loading...
Disclaimer | Report content
Dear Valued Customers,

Please call us for special rates to LOS and ACC, effective via our LGW freighter 10th April 2019

Tel: +44 (0)20 8757 4730


Royal Air Maroc - Special rates available to LOS and ACC

ECS Group
05 APR 2019
Special rates
GB
Loading...
Disclaimer | Report content
Summer Flight Plan 2019 - Aeroflot Cargo Europe


Summer Flight Plan 2019 - Aeroflot Cargo Europe

Aeroflot -Russian Airlines
05 APR 2019
General
DE,AT,CH,BE,NL,IT,ES,FR,PT
Loading...
Disclaimer | Report content
Skyline Air Services: Direct RFS ex FMO, HAJ & STR to CGN!

Skyline Air Services: Direct RFS ex FMO, HAJ & STR to CGN!

Skyline Air Services
04 APR 2019
Product news
DE
Loading...
Disclaimer | Report content
Wings: the world's first global onboard courier network

Wings: the world's first global onboard courier network

Wings On Board Courier Network
04 APR 2019
General
US,CA,Africa,Asia,Europe,AU
Loading...
Disclaimer | Report content
AirBridgeCargo Airlines (ABC), one of the leading global carriers with extensive services and products for specialty cargo, has introduced a new ‘abc premium’ product for customers seeking guaranteed capacity and prioritization on specific flights across ABC’s international network.

AirBridgeCargo Airlines launches ‘abc premium’ capacity guarantee for customers worldwide

AirBridgeCargo Airlines
04 APR 2019
Press release
SVO
Loading...
Disclaimer | Report content
Dear Valued Customers,

Please be advised our emails are currently down.

Please contact us by phone for bookings or quotes

Tel: +44 (0)20 8757 4730


Emails are down

ECS Group
04 APR 2019
General
gb
Loading...
Disclaimer | Report content
EMAIL STORING

EMAIL STORING

Globe Air Cargo
04 APR 2019
General
AMS
Loading...
Disclaimer | Report content