Latest news from Heavy Lift & Project Forwarding International Magazine

Unlucky 13 for falling airfreight demand

August 6 - Maindeck and bellyhold project airfreight suffered a double-digit fall year-on-year in June as the global economic crisis continues to hurt high and heavy project activity.

According to figures released by the Geneva-based International Air Transport Association (IATA), international scheduled freight traffic results for June show freight demand was down 16.5ompared with June 2008.

Cargo demand remained weak at 16.50elow June 2008 levels. This is a moderate improvement, albeit from extremely weak levels, over May, which was 17.40elow 2008 levels. There has been some improvement in world trade and, after adjusting for seasonal fluctuations, freight volumes rose 6 0.000000rom the low point recorded in December 2008. However, the utilisation of airfreight capacity on international routes remained very weak (47.3%) in June due to unbalanced trade flows with Asia and some market share loss to ocean transport.

Heavy Lift | News

Ceva launches BRI block train thumbnail image

Ceva launches BRI block train

April 22 - Ceva Logistics North Asia has launched a block train service from China to Europe as the company looks to tap into the potential of the Belt and Road Initiative (BRI).
Views: 61
Crowley promotes Sandra Goranovic thumbnail image

Crowley promotes Sandra Goranovic

April 22 - Crowley Maritime has appointed Sandra Goranovic as vice president of finance and accounting for the Crowley Shipping business unit.
Views: 62
Big Bend Channel expanded thumbnail image

Big Bend Channel expanded

April 22 - Port Tampa Bay in Florida has completed the USD63 million expansion of the Big Bend Channel, one year ahead of schedule.
Views: 104
Penman joins Malin React thumbnail image

Penman joins Malin React

April 22 - Malin Group has named Graham Penman as business unit manager of its recently launched Malin React division.
Views: 182

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