December 04, 2019: Cargolux Airlines has renewed its Cargo iQ certification for the next three years.
The Cargo iQ audit ensures that the company complies with Cargo iQ standards and contributes to the seamless transportation of air cargo in the supply chain.
Cargo iQ is an IATA-interest group comprising airlines and forwarders that aims at improving the work processes throughout the transport journey from shipper to consignee.
The objective is to implement processes, backed by quality standards that are measurable and supported by data.
As a founding member of the initiative, Cargolux takes the issue of seamless shipment transit very seriously and strive to enhance transparency and cooperation within the process.
Franco Nanna, director global logistics services explained, “Cargolux has been committed to the Cargo iQ project since the very beginning and has been actively involved in the development and implementation of improved business processes.
December 9, 2019: Sichuan Airlines Cargo launched a weekly-twice (Friday and Sunday) freighter service to Mumbai by landing its inaugural aircraft Airbus 330-200F at Mumbai International Airport (MIAL) on Sunday.
The launch came after the commencing of the freighter service to Delhi last week and the airline also has its plans to fly to Chennai soon.
The inaugural freighter came with 50 tonnes of import cargo from Xian, the capital of Shaanxi Province in China.
The airline is routed the cargo service as Xian-Mumbai-Nantong.
Nantong is a city in Jiangsu province of China that sits in the northern bank of the Yangtze River.
Headquartered at Chengdu Shuangliu International Airport in Chengdu, the capital of Sichuan province in China, Sichuan Airlines could serve as a gateway to South East Asia, North Asia, Europe, Oceania and US.
December 05, 2019: The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), decreased by 3.5 percent in October 2019, compared to the same period in 2018.
This marks a weak start to the traditional peak season for air cargo and the twelfth consecutive month of year-on-year declines in freight volumes.
Freight capacity, measured in available freight tonne kilometers (AFTKs), rose by 2.2 percent year-on-year in October 2019.
Freight volumes on key Africa-Asia routes were up 23 percent annually in September.
Against a backdrop of operational and geopolitical challenges facing some of the region’s key airlines, seasonally adjusted freight volumes in the region have resumed a modest upwards trend which is a positive development for the region’s carriers.
The US-China and South Korea-Japan trade wars have negatively affected the region.
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According to a recent Fact.MR study, over 1,900 units of marine shaft power meter are likely to be sold in 2019.
The Fact.MR report offers key insights on the marine shaft power meter market for the period 2018-2028.
According to the report, marine shaft power meter market is expected to register 3.0% CAGR in terms of volume between 2018 and 2028.
Growth of the marine shaft power meter market can be attributed to various factors includingGrowing seaborne trade that relies heavily on cargo carriersDevelopment of technically advanced and cost-effective solution and increasing demand for new marine shaft power meter to optimize fuel savingImposition of new regulations on the shipping industry to reduce greenhouse gas emissionThe study opines that cargo carriers hold relatively larger share of the marine shaft power meter market, than passenger vessels.
More than 50% volume sales of the marine shaft power meter were held by cargo carriers in 2018.
This can be attributed to efforts of ship owners in Germany, China, and Canada, toward strengthening their hold in the container space, in line with the upward trend of container-based shipping services in sea-borne trade.What insights does the keyword market report provide to the readers?Keyword market fragmentation on the basis of product type, end use, and region.Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.Collaborations, R projects, acquisitions, and product launches of each keyword market player.Various regulations imposed by the governments on the consumption of keyword in detail.Impact of modern technologies, such as big data & analytics, artificial intelligence, and social media platforms on the global keyword market.The Fact.MR study estimates robust sales of the marine shaft power meter in cargo ships and tankers, along with steady demand from passenger vessels, including high-speed crafts, fishing vessels, and cruise liners.
Freight Chartered Air Transport Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact – both negative and positive – of COVID-19 on the freight chartered air transport industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
This includes revised market numbers according to the effects of the coronavirus and the expected freight chartered air transport market growth numbers 2021-2030.
View Complete Report:https://www.thebusinessresearchcompany.com/report/freight-chartered-air-transport-global-market-reportThe Freight Chartered Air Transport Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global freight chartered air transport market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030.
The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.The Freight Chartered Air Transport Global Market Report 2021 covers freight chartered air transport market drivers, freight chartered air transport market trends, freight chartered air transport market growth rate, freight chartered air transport market major players, player-adopted strategies in the market, and freight chartered air transport market size.The global freight chartered air transport market is expected to grow from $18.05 billion in 2020 to $20.1 billion in 2021 at a compound annual growth rate (CAGR) of 11.4%.
The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.
