Hong Kong Air Cargo Terminals Limited (HACTL) has signed a Memorandum of Understanding (MOU) with Westwell Holdings (Hong Kong) to introduce Autonomous Electric Tractors (AETs) to its ramp operations this year. HACTL aims to develop autonomous vehicles which, in addition to the relatively simple task of towing cargo dollies, automatically couple and uncouple the dollies, and adjust to their differing specifications, according to the press release from HACTL. Once testing and final on-site tuning and mapping to HACTL’s specific requirements are completed, the AETs will be integrated into HACTL’s current driver-controlled tractor fleet, and will initially tow loaded import ULDs on a 1km route between the outdoor ULD staging area, and the main terminal ULD system intake deck of SuperTerminal 1. AETs will be used on longer and more complex routes in due course. Safety is the major consideration in operating the new vehicles. Each AET is equipped with a highly accurate GNSS system and uses multiple HD cameras and LiDAR sensors to detect all objects and avoid collisions. The AETs have similar capabilities to the current diesel-powered tractor fleet, but operational speeds will be restricted to 8kph as an additional safety measure, the release added.
Read More »IATA reports an 11.9% jump in air cargo volumes for February
The International Air Transport Association (IATA) released data for February 2024 global air cargo markets showing continuing strong annual growth in demand. Total demand, measured in cargo tonne-kilometers (CTKs*), rose by 11.9% compared to February 2023 levels (12.4% for international operations). This is the third consecutive month of double-digit year-on-year demand growth. Capacity, measured in available cargo tonne-kilometers (ACTKs), increased by 13.4% compared to February 2023 (16.0% for international operations). This was largely related to the increase in international belly capacity accompanying growth in passenger markets (29.5% year-on-year increase), which far exceeded international capacity on freighters (3.2% year-on-year increase). “February’s demand growth of 11.9% far outpaced the 0.9% expansion in cross-border trade. This strong start for 2024 could see demand surpass the exceptionally high levels of early 2022. It also shows air cargo’s strong resilience in the face of continuing political and economic uncertainties,” said Willie Walsh, IATA’s Director General. Several factors in the operating environment should be noted: Global cross-border trade increased by 0.9% in January. In February, the manufacturing output Purchasing Managers’ Index (PMI) climbed to 51.2, indicating expansion. The new export orders PMI also rose to 49.4, remaining slightly below the 50 threshold that would indicate growth. February year-on-year inflation dropped to 2.8% in the EU while rising to 2.8% and 3.2% in Japan and the US respectively. After four months of deflation, China reported a 0.7% increase in inflation year-on-year—a positive development amid concerns over China’s economic slowdown.
Read More »AISATS hosts roadshow to showcase upcoming cargo facility at NIA
Air India SATS Airport Services (AISATS) organised a roadshow for the air cargo industry stakeholders, and invited air cargo associations such as ACAAI, unveiling its plans for the cargo facility at the upcoming Noida International Airport. Mr. Seow Chai Hing Kelvin of AISATS and Nitin Mittal of NOIDA International Airport Cargo welcomed the team. A site visit to the upcoming project at Jewar was also done showcasing the development stage of various projects.
Read More »MightyFly unveils 3rd generation Cento aircraft eVTOL
MightyFly unveiled the third generation of the Cento aircraft, an autonomous hybrid eVTOL cargo aircraft designed to carry one hundred pounds of cargo for six hundred miles. “The new eVTOL incorporates several novel features including a sleek design that enables operational efficiency, the ability to accommodate a wide range of payload centre of gravity, autonomous centre of gravity determination and a larger cargo bay,” says an official release. “The new eVTOL will also present improved operational efficiency through MightyFly’s Autonomous Load Mastering System (ALMS) component, which will enable the aircraft to autonomously open and close its cargo bay door, receive and eject packages into and from the cargo bay opening, move and secure packages in the cargo bay via an internal positioning and locking system, and sense and compute weight and balance.” MightyFly’s third generation aircraft has been designed to accommodate a relatively large range of payloads’ centre of gravity, which allows for a high degree of variance in cargo contents, densities, constitutions, loading order, and tie-down positions, the release added. “The enlarged cargo bay will allow the delivery of larger packages and goods, including the traditional cooler boxes used to transport donor organs for transplantation and blood bags. It will also benefit additional use cases and businesses in the industries of logistics, manufacturing, healthcare, pharmaceutical, retail, automotive, and oil and gas, as well as organisations performing humanitarian and disaster relief work, and government’s defence teams executing various logistics and resupply missions.”
Read More »UPS becomes primary air cargo provider for United States Postal Service
UPS will become the primary air cargo provider for the United States Postal Service. The Atlanta shipping company said Monday that it had received an air cargo contract from the U.S. Postal Service that significantly expands an existing partnership between the two. UPS will move the majority of air cargo in the U.S. for the postal service following a transition period, according to UPS. Financial terms of the deal were not disclosed. USPS’s current air cargo contract with FedEx Corp. is set to expire in late September. The agency said in a statement that its contract with UPS will be for a minimum of five and a half years. FedEx said in a regulatory filing that it wasn’t able to reach an agreement on mutually beneficial terms to extend its contract with USPS. The company said that negotiations ended on Friday, after extensive talks. FedEx Express will continue to provide air transportation services domestically and to Puerto Rico until the contract expires on Sept. 29. UPS’s contract with USPS takes effect the next day. During FedEx’s third-quarter conference call on March 21, Chief Customer Officer Brie Carere said that the company had provided its services to USPS for more than two decades and that the two sides were still in negotiations.
Read More »Softlink Global launches LogiTHON to redefine logistics landscape
Softlink Global along with engineering colleges of Maharashtra launched LogiTHON, a first of its kind hackathon designed to redefine the logistics sector through technology’s transformative power. In today’s economy, logistics acts as the crucial backbone supporting global commerce, while technology serves as the enabling nervous system. LogiTHON symbolises the fusion of these two vital components, aiming to propel logistics operations into a new era of efficiency and innovation with the help of AI. Commenting on Indila’s first such initiative to aware the potential and opportunities in the logistics sector, Amit Maheshwari, CEO of Softlink Global, said, “With LogiTHON, we’re not just pursuing technological breakthroughs, we’re aiming to spotlight the pivotal role logistics plays in powering our economy. It’s an initiative to foster innovation and educate the next generation of engineers about the vast opportunities available in a sector that’s constantly expanding and evolving. Through this event, we’re opening doors to new possibilities and careers in logistics, backed by the latest technological advancements.” The hackathon invites participants to tackle four critical challenges, representing current and future roadblocks faced by the logistics Industry. These challenges include Revolutionizing Warehouses with AI and Robotics where innovators will be tasked with designing intelligent warehouse management systems that integrate AI and robotics. These solutions are expected to enhance both speed and precision, keeping pace with the ever-increasing demand for rapid fulfilment services. Second challenge would be on Blockchain for Secure International Supply Chains, focused on leveraging blockchain technology. While in Optimizing Routes in Real-Time challenge contestants will develop dynamic route optimization algorithms for international trade. These algorithms should consider cost, time, and environmental impact, optimizing shipping routes in real-time. Lastly the Self-Learning AI for Data Conversion, …
Read More »‘Need to focus more on air cargo & multimodal transport security’
“Our country’s civil aviation sector is witnessing rapid growth that will also bring different kinds of challenges, there’s a need to look more at security aspects related to air cargo and multimodal transport,” said Home Secretary Ajay Kumar Bhalla while addressing the gathering at a function to celebrate 38th Raising Day of the Bureau of Civil Aviation Security (BCAS) in Delhi. He also emphasised the need for using cutting-edge technologies in various areas, including surveillance. “One area of concern is air cargo, there is need to especially look into the “safety and security of multi-modal transport”. While stressing that all have to put their efforts together, Bhalla said new technologies are creating more problems and the challenges are now about AI (Artificial Intelligence), deepfakes, GPS jamming and others.
Read More »India to Europe air cargo rates up by 40% : Xeneta
The India to Europe air cargo market has experienced a surge in volumes since the beginning of this year. This has been largely due to demand in apparel exports from India and Sri Lanka coinciding with disruptions to ocean freight services in the Red Sea region, which saw shippers switch transportation mode to air for some of their cargo, according to the latest update from Xeneta. “These increased general air cargo volumes drove overall air cargo demand in the week ending February 25, 2024 to sit 40 percent higher than the 2019 weekly average. While volumes have dipped slightly since then, in the week ending March 24, they remained 24 percent above the 2019 weekly average.” With cargo capacity remaining relatively stable, the dynamic load factor from India to Europe climbed to 87 percent in the week ending March 24, which is its highest level since April 2022, the update added. “This increasing load factor has also distorted the usual relationship between weight breaks. Traditionally, larger cargo volumes (more weight) are charged at a cheaper per kg price than smaller volumes (less weight). However, in the week ending March 24, the general cargo spot rate for +1,000 kg reached $3.50 per kg, above the spot rate for +500 kg which stood at $3.46 per kg. “The last time Xeneta observed this market condition was during the onset of the Covid-19 pandemic when the air cargo market encountered a capacity squeeze.”
Read More »APSEZ handles 420 MMT cargo globally in 2024
Adani Ports and Special Economic Zone Ltd (APSEZ) has handled 420 MMT (+24% Y-o-Y) cargo in FY24 (including international ports), with domestic ports contributing Over 408 MMT cargo. It has also handled its highest ever monthly cargo volumes (incl. international ports) of over 38 MMT in March 2024. Ten of our ports and terminals handled record cargo volumes: Mundra 180 MMT, Tuna 10 MMT, Hazira 26 MMT, Mormugao 5 MMT, Karaikal 12 MMT, Ennore 13 MMT, Kattupalli 12 MMT, Krishnapatnam 59 MMT, Gangavaram 37 MMT and Dhamra 43 MMT. During FY24, more than one-fourth of all India cargo volumes was routed through APSEZ ports. This significant contribution by APSEZ underscores its active role in driving India’s growth trajectory. It also shows that India’s largest port operator comfortably surpassed its cargo volume guidance of 370 MMT – 390 MMT provided at the start of the financial year. Mr. Karan Adani, Managing Director, APSEZ, said, “While it took 14 years for the company to achieve the first 100 MMT of annual cargo throughput, the second and third 100 MMT throughputs were achieved in 5 years and 3 years. The latest 100 MMT mark has been achieved in less than two years. This is a testament to our ongoing commitment and efforts towards enhancing operational efficiencies and maintaining our position as a top port operator in the industry.” APSEZ achieved this phenomenal growth by putting customers at the forefront of all its decisions. Its approach of strategic partnerships with customers has ensured long-term associations with key stakeholders. Supported by investment in world-class infrastructure that has delivered a high level of operating efficiency and a business model focused on providing an end-to-end solution through …
Read More »Bobba Logistics launches Distribution Hub Services for dry and cold storage
Bobba Logistics has introduced highly efficient Distribution Hub Services to enhance dry and cold storage. Strategically located off NH7 and well within city limits, one can get complete location advantage with the Distribution Hub Services. The Bobba Logistics Distribution Hub will be responsible for: 1. Resourceful Warehousing: with sufficient space for storage, including both dry and cold storage, this solution is designed to benefit clients in Cost cutting Operating expenses (Opex) day-to-day expenses incurred by a business to maintain its ongoing operations. 2. Spike management: Our Distribution hub is equipped to handle sudden or unexpected increases in demand for products or services, without any disruptions. 3. Supply Chain Visibility: end-to-end visibility in supply chain to optimize logistics and respond to changes economically, and scalability. Highlights: • Operational front: Advanced technology and automation to help optimize the entire supply chain, from storage, quality checks and order picking to delivery and cross docking • Inventory Management: Distribution hub provides better control and visibility over stock levels. This benefits in reducing excess inventory and minimizing stockouts. • Inventory updates: Facilitating Real-time Tracking, IOT, barcoding / RIFD for stock inventory, aids in monitoring your stock status, shipment locations. • Order Fulfillment: strategically located to serve markets trend efficiently. Our optimal proximity enables quicker order fulfilment, and reduces lead times, meeting customer demands and improving overall service levels. • Financial Flexibility: At Bobba Logistics we have a Pay-As You-Store concept that aligns pricing with the storage used. This helps to get rid of the fixed costs of outmoded distribution hubs. • At our Distribution Hub we provide solutions for Data Driven Decision for Spike movement in unpredictable Market trends, along with a contingency plan for …
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