The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 8.0% in January 2018 compared to the year-earlier period. This was up from the 5.8% annual growth recorded in December 2017. Freight capacity, measured in available freight tonne kilometers (AFTKs), rose by…
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At present Felixstowe is closed due to high winds and not expected to re-open until Sunday at the earliest. London Gateway is greatly reduced in its capacity and is opening as and when it can depending on the weather. The port of Southampton is closed due to snow. The inclement weather will hopefully start to…
To boost electronic air waybill (eAWB) adoption the carrier has decided to introduce a 12 euro per paper air waybill fee for tradelines on which they are available. E-AWB penetration edged up 0.6 percentage points to 53.2% in January 2018, according to the latest statistics from IATA. January's figure compares with 52.6% in December 2017.…
With the approach of the weather system known as the 'Beast from The East' heading to the UK over the next five days, the general consensus among Government agencies is that there will be significant delays and disruption to road networks across the UK. Although the initial impact will hit the East of the UK,…
Freight travelling through Heathrow reached record levels for the start of the year, as over 133,000 tonnes made its way through the airport in January, with export volumes growing by 10.6%. The top destinations for cargo growth were the US (1,214t), Spain (1,070t) and China (966t). Heathrow CEO John Holland-Kaye said: “Heathrow is off to…
Following on from our article concerning Chinas expansion into the Arctic, this week there has been a first for shipping, as the first commercial tanker crosses the Arctic sea route in winter. Thawing polar ice in the region of Russia’s Northern Coastline means that this could be a viable option of increasing maritime trade…
The International Air Transport Association (IATA) released full-year 2017 data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs) grew by 9.0%. This was more than double the 3.6% annual growth recorded in 2016. Air cargo's strong performance in 2017 was sealed by a solid result in December. Year-on-year demand…
Following on from their Silk Road direct link, China are now looking to capitalise on a Polar version. The first silk road train from China to Britain arrived in February of last year - (see our news post at that time for more information) China now plans to create a Polar Silk Road of new…
We are proud sponsors of the HoneyBadger Rugby 7s Team Team HoneyBadger is an open invitational 7's team, based in NW London. 3 years old, they have evolved from a social side, winning silverware in 4 tournaments in 2015, to an Open squad. In May 2016 they won the Open Competition of the Middx 7s,…
Unlike our New Year festivities, the Chinese version is a movable celebration and this year happens on 16th February. As a national holiday, Chinese families gather together for a reunion dinner on New Year's Eve, and clean their houses to sweep away bad fortune on New Year's Day. This obviously means that Chinese Shipments will…