|Vol. 20 No. 25||
Thursday July 1, 2021
PayCargo teams up with FIATA in a landmark global agreement impacting the largest organized group of freight forwarders in the world.
PayCargo has developed a tailored solution, called Freight-Pay, which will allow members of The International Federation of Freight Forwarders Associations (FIATA) to instantly make and receive payments between themselves, while also benefitting from reduced transaction costs and heightened security features.
FIATA was founded in Vienna 95 years ago on August 1, 1926 and is one of the largest organizations of its kind in the world with 109 Association Members and more than 5,500 Individual Members, overall representing an industry of 40,000 freight forwarding and logistics firms worldwide.
The Humble Green Giant
Word up from Jason Berry, Air Canada Vice President of Cargo that
the airline in a standout move was breaking away from every other North
American combination carrier by adding all cargo B767 freighters to the
fleet as fast as the carrier can convert them, quickens the heart of every
true air cargo executive.
to slash fleet 15%, workforce by 20% as business is expected to be about
half this summer what it was during summer of 2019
. . . Airbus
delivered 50 aircraft in May. Boeing
delivered 17 during May, including 10 737 MAX
. . . USA
domestic load factor is about 87% and that number nearly equals pre-pandemic
levels and has had some serious impact on cargo lift with people scrambling
for space to cover commitments . . . FIATA
International Federation of Freight Forwarders Associations and the
International Cargo Handling Coordination Association
(ICHCA) have renewed their Memorandum of Understanding
(MoU) to reinforce collaboration that has been ongoing for more than 25
years, with their first MoU signed in 2006. The collaboration includes the
engagement of all actors in safety and security-related topics, the digitalization
of the supply chain, the improvement and reinforcement of operational efficiency,
and regulatory and policy developments impacting the supply chain worldwide
. . . Qatar
Airways Boeing 787-9 Dreamliner entered service last Friday
June 25th Doha –Milan
joining Qatar Airways’ fleet of 53 Airbus A350 and 37 Boeing 787s.
Having grounded its fleet of A380s the airline continues to invest in twin-engine
aircraft. Additionally on the boards for the stretch B787-9 service are
fights via hub Doha to Athens,
Lumpur and Madrid.
QR also announced a codeshare
agreement with Alaska Airlines,
the newest member of oneworld,
strengthening its position as the ideal choice for international passengers
travelling to and from the United States .
. . Although price of kero
has spiked recently to 185 cents/gal that
cost is still about 10 cents below 2019 levels
. . . While the urge to merge with others at a trade show
somewhere persists high fever good to consider most European
nations vaccination levels are at about 30%, hardly enough to be herd or
heard as the case may be . . . By
the numbers Airport Council International
(ACI) reports for the first quarter 2021cargo traffic across
its member European airports rose 10.6%
to pre-pandemic 2019. . . SAL Saudi Logistics
Services appoints Hesham bin
Abdulla Alhussayen as acting Chief Executive Officer. Upon
his appointment Hesham bin Abdulla Alhussayen said “I am grateful
to the Board for entrusting me with this great leadership responsibility.
SAL is moving ahead with our vision to be the logistics partner of choice
in a dynamic and globally connected Saudi
Arabia as per Vision 2030.”.
Oh My! Take a pause in your endeavors and take a journey to adventure via an absolutely stunning live animal video from Qatar Cargo. Click here to view.
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Vol. 20 No. 22
PayCargo Firing Tip Of CNS Iceberg
Will IATA Take CNS Down?
Publisher-Geoffrey Arend • Managing Editor-Flossie Arend • Editor Emeritus-Richard Malkin
Film Editor-Ralph Arend • Special Assignments-Sabiha Arend, Emily Arend
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