air cargo

2016 ends on a positive note for Air Cargo

According to official data released by The International Air Transport Association (AITA), global freight volumes showed a growth in demand of 3.8% freight tonne kilometres (FTKs) compared to 2015.

This was nearly double the industry’s average growth rate of 2% over the last five years. Freight capacity also increased by 5.3% in 2016. With the exception of Latin America, all regions experienced positive freight growth in 2016. Almost half of the total annual increase in demand came from Europe.

In terms of demand, 2016 was a good year for air cargo. That was boosted by solid year-end performance. Looking ahead, strong export orders are good news. However, there are headwinds. The most significant is stagnant world trade which also faces the risk of protectionist measures. Governments must not forget that trade is a powerful tool for growth and prosperity,” said Alexandre de Juniac, IATA’s Director General and CEO.

“The air cargo industry must also improve its competitiveness. We know that the way forward is defined by digital processes which will drive efficiency and improve customer satisfaction. We must use the momentum of renewed demand growth to drive the important innovations of the e-cargo vision,” said de Juniac.

Asia-Pacific carriers held the highest market share in terms of FTKs at 37.5% followed by Europe 23.5%, North America 20.7%, Middle East 13.9%, Latin America 2.8% and Africa at 1.6%.

 

 

bad-weather

Weather Warning – Strong Winds in the UK Predicted on Thursday 23rd Feb

The MET Office have a severe weather warning in place for Thursday 23rd February covering the Port of Felixstowe with wind gusts forecasted between 60 – 80mph.

Weather Forecast MapsWind speed, 10 m above ground, 51°N 1°W, 2017/02/23 08:00 (UTC), © VentuSky.com

Due to the forecast we are expecting Felixstowe Port to close from1000hrs tomorrow morning through to the early hours of Friday morning the 24th
With this in mind, potentially there could be some disruption and delays to deliveries.

If you have deliveries booked for Thursday PM or Friday morning we would suggest bringing them forward (if possible) to tomorrow morning so we can collect containers early to avoid the MET office severe weather warning.

If you require any further information please get in touch.

We thankyou for your understanding and continued cooperation during this time.

USA UK

Theresa May and Donald Trump hold talks on a trade deal to slash tariffs

The British Prime Minister has become the first foreign leader to hold talks with the new President in the White House. Discussions are to be centred around an agreement to cut, or even drop, tariffs on items Britain and America already export to one another.

Speaking on the BBC’s Today programme, former economic advisor to the President Stephen Moore said Mr Trump would likely be looking for a trade deal similar to the one America has with Canada, and called the UK one of the US’s closest allies.

Mr Trump pledged to ensure trade arrangements that the UK currently has with the US through its EU membership would continue in place at the moment of Brexit, in a bid to provide certainty to businesses in both the UK and the US.

According to the PM, the UK is already America’s fifth largest export destination while the American markets account for almost a fifth of global exports from the UK.

The US was the largest single destination for UK outward investment and the single largest investor in the UK. American companies are investing or expanding in the UK at the rate of more than 10 projects a week at present.

bad-weather

Weather Warning – Poor sea conditions in Southern Europe

We have been advised that due to weather issues of waves of up to 11 meters in Southern Europe, vessels may be forced to slow down or seek shelter until conditions improve. This will have an impact on vessel ETAs into the UK.

Below is a quote from a carrier :

“Sea conditions are expected to deteriorate to the point where vessels are unable to transit the Bay and will seek shelter either in the Med or NEU waters, waiting out the storm”

If any of your shipments are affected then your account manager will be in contact in due course. If you have any questions please get in touch.

China freight train

First ‘Silk Road’ train from China to Britain arrives

The train took 18 days to arrive in Barking, East London from Yiwu, China after a mammoth journey which took it through Kazakhstan, Russia, Belarus, Poland, Germany, Belgium and France.

The arrival of a freight train in East London is the start of a new era for the 2000 year old trading route.  The Silk Road was an ancient network running through central Asia connecting to the Mediterranean which once bought a wealth of goods from China over to the UK.

The consignment would have taken nearly twice as long to arrive by sea, and contained a cargo of household items, clothes, fabrics, bags and suitcases. Weekly trains will be run initially to assess demand.

A direct rail link between Beijing and Western Europe enables manufacturers to explore new means to lower transport costs. The line may not provide a suitable alternative to all, but its arrival coincides with even greater emphasis being placed on Britain’s export business post Brexit.

China Railway already has freight services to European destinations including Madrid and Hamburg – and is now hoping to strengthen its links with Russia, Asia and Europe in the future.