|Vol. 15 No. 52
Monday July 11, 2016
At the start
of July the air freight industry was hoping the introduction
of new container weighing regulations for ocean transport
would provide a demand boost. As previously reported
the new rules from the International Maritime Organization
(IMO) for VGM (verified gross mass) compliance make
it compulsory for shippers and their proxies to verify
the weight of containers before the box can be loaded
onboard a vessel.
Softly As She Goes
volumes for May from the Association of Asia Pacific
Airlines (AAPA) reflected the soft market out of key
manufacturing hubs in the Far East. Tonnage was down
0.7 percent year-on-year in May measured in freight
ton kilometers. By contrast, offered freight capacity
increased by 2.0 percent. This mismatch produced a 1.6
percentage-point drop in the average international freight
load factor, which fell to 61.3 percent for the month.
Tony Tyler's Luck
International Air Transport Association (IATA) released
global air freight data showing that demand measured
in freight ton kilometers (FTKs) slowed in May with
growth falling to 0.9 percent year-on-year.
Asia Down, Sub-Continent Up
are also bearish. HSBC’s latest analysis of purchasing
managers’ indexes in Asia found that “China
is softening again, global new export orders continue
to contract, and new orders in Asia aren’t improving.”
Ullrich, CEO/Owner of Challenge Air Cargo, died June 29
in Miami, Florida. Challenge Air Cargo operated from January
1985 until UPS bought the company in February 2001.
The measure of the man and what he meant to air cargo can be felt in a statement he once made:
“I can proudly say that I have owned one of the few and last existing privately operated cargo airlines, building it from scratch up to its successful integration into the global operating UPS network in 2001.
“My heartfelt thanks to the many people during that time, who made it possible simply going the extra mile.”
UPS bought the name, trademark, and the Latin American routes of Challenge Air Cargo, but the aircraft were not included in the take-over. Peter Ullrich retained 3 McDonnell-Douglas DC-10-40F freighters and the FAA operating certificate, and Centurion Air Cargo was born.
of Esmeralda Farms, Peter Ullrich was a pioneer in the
flower business, touching thousands of lives around
the world with his unparalleled passion.
Egenolf has an interesting area of responsibility as
director of Italy, Malta, UK, and Ireland for Lufthansa
than 10,000 aircraft and a half million flight enthusiasts
will turn Wittman Regional Airport—a place you
may have never heard of—into action central from
July 25-31, when it transforms into the busiest airfield
in the world for the EAA’s annual AirVenture Oshkosh.
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Vol 15. No. 49
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Vol 15. No. 50
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SOLAS Changes Ocean July 1st
Chuckles For June 29, 2016
On The Ground In London
Publisher-Geoffrey Arend • Managing Editor-Flossie Arend •
Film Editor-Ralph Arend • Special Assignments-Sabiha Arend, Emily Arend • Advertising Sales-Judy Miller
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