Cargo Breaking News - March 26th, 2023
#CargoBreakingNews
‘Pricing pressure, lack of skilled workers, regulatory compliance hinder growth’
Sanjeev Kapoor, AVP Product – Air India says, “Lack of adequate Supply chain solutions/Management, Pricing pressure- Govt. control on drug pricing, Russia-Ukraine War, High R&D cost, Lack of skilled workforce and Regulatory Compliance are some of the existing challenges in air cargo sector.
#CargoBreakingNews
‘Changing trade policies likely to impact global supply chain’
Vipin Vohra, Chairman, Continental Carriers PVT LTD focuses on trade regulations and asserts, “Changing trade policies can have significant impacts on global supply chains in air freight. Tariffs and Trade Barriers: If trade policies impose tariffs or other barriers on certain goods, it could lead to changes in the volume and direction of air freight shipments.?
#CargoBreakingNews
Kerry Logistics launches air-sea solutions to expand global ops
Kerry Logistics has launched a new air-sea solution between Europe and Oceania, which is faster than sea freight and cheaper than air freight on the same lanes. The new product, which connects eight European countries with destinations in Australia and New Zealand, is 50 percent cheaper than air freight and three times faster than sea freight on the same lanes, says an official release.
#CargoBreakingNews
Amazon Air expands capacity & simplifies network
Amazon Air expanded its air cargo capacity last year through the addition of larger aircraft but also simplified its network and conducted fewer flights. The latest study from The Chaddick Institute for Metropolitan Development shows that in the five weeks running to March 12, Amazon Air increased its tonnage capacity by 4.9% compared with the same period last year, while total daily flights fell by 1.8% compared with the same period last year.