Special Correspondent

Global <a>air cargo</a> traffic increased just 0.9 percent year-over-year in May, down from 2.6 percent in April, as declines in Asia-Pacific and North America were partly offset by robust growth in Europe, the International Air Transport Association reported. Yields remained under intense pressure as capacity increased by 4.9 percent from a year ago, trimming the international load factor by 1.7 points to a new low for May of 41.9 percent, the industry body said. “All told, 2016 is shaping up to be another disappointing year for air freight. We forecast freight tonne kilometres (including mail) to increase by 2.1 percent...

"The business environment is extremely difficult and there are few signs of any immediate relief.”

Air Cargo Carriers News

Global air cargo growth slows as industry is set for 'disappointing' 2016

Southern California agency to unilaterally develop emissions cut rules at rail yards 

Maersk to invest $500 million in Southeast Asia logistics even as integrator model struggles

Europe’s ocean trades may see overlapping CO2 charges: DNV 

Carriers weigh options after Red Sea route threatened by missile attacks 

Fast-approaching green goals pose uncomfortable question for shipping: analyst

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The South Coast Air Quality Management District says it will create rules to reduce emissions at Southern California rail yards because Union Pacific insists on including public financing as a precondition for participating in the more collaborative MOU process.

The spending program will target the company’s logistics and services arm with a “substantial amount of investment” earmarked for its ocean and terminals infrastructure in the region.

The IMO’s global market-based emissions-cutting measure will be introduced in 2027 when it will clash with Europe’s ETS and could force shippers to comply —  and pay for —  two CO2-reducing systems at the same time, classification societies believe.

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Air cargo carriers news and analysis from the Journal of Commerce covers updates of air cargo carriers, pricing, air craft carrier capacity, rates, routings and technology.

The Journal of Commerce’s air cargo news covers the movement of air cargo, including air cargo shipping, air cargo carriers, air freight forwarders, air freight, air shipments, cargo airports and cargo news. It also tracks air cargo trends, air freight news, shifting of cargo between air and ocean, airports and airfreight delays and congestion.

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Southern California agency to unilaterally develop emissions cut rules at rail yards

Maersk to invest $500 million in Southeast Asia logistics even as integrator model struggles

Europe’s ocean trades may see overlapping CO2 charges: DNV