Latest news from Heavy Lift & Project Forwarding International Magazine

Air freight markets continue recovery

April 7 - The International Air Transport Association (IATA) released data for global air freight markets in February showing a 2.9 percent increase in demand compared to February 2013.

The first two months of 2014 have seen an overall 3.6 percent improvement in demand over the previous year. This continues the strengthening in cargo markets which began in the second half of 2013.

"Cargo has had a positive start to the year. There is good cause for measured optimism for the cargo industry's prospects in 2014. The 3.6 percent growth in demand recorded over the first two months of this year is a significant step up from the 1.4 percent growth in demand over the whole of 2013," said Tony Tyler, IATA's director general and ceo.

"There are, however, some serious trends which are not in the industry's favour.

Companies continue to 'on-shore' their manufacturing supply chains. The world's top 20 economies implemented some 23% more protectionist measures last year than in 2009. These factors are a major part of the reason why we are not seeing trade growth of 5-6 percent, which we would expect to see at the current level of domestic production. Currently trade and domestic production growth is running at about the same level. The World Trade Organization's agreement in Bali late last year gives hope for invigorated world trade. It's important that governments keep their commitments," said Tyler.

The vast majority of the growth in cargo was realised by airlines in the Middle East and Europe who recorded 11.9 percent and 5.5 percent growth respectively compared to the previous February.

 

 

www.iata.org

Heavy Lift | News

Liebherr delivers for Eurogruas thumbnail image

Liebherr delivers for Eurogruas

May 22 - Spanish crane rental and heavy lift service provider Eurogruas has taken delivery of an 800-tonne lifting capacity crawler crane from Liebherr.
Views: 209
Superior bridge service with Imperial thumbnail image

Superior bridge service with Imperial

May 22 - Imperial Crane Services and Superior Construction have utilised a Liebherr LR1300 SX crawler crane to lift six concrete beams for the Chase Street bridge replacement project in California, USA.
Views: 251
CakeBoxx enters coil market thumbnail image

CakeBoxx enters coil market

May 22 - CakeBoxx Technologies has launched the 20 ft CoilBoxx container, specifically designed for the transportation of steel and aluminium coils.
Views: 231
Mammoet in Meyer takeover thumbnail image

Mammoet in Meyer takeover

May 22 - Mammoet has agreed to acquire heavy lifting, installation and assembly specialist Meyer Anlagenbau.
Views: 462

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.