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Volume 15, Issue 33


Cathay Pacific suffers


2


first-half losses


The global air freight industry may at last be emerging from the shadows of recession, says the air freight chief at one of Eu- rope’s biggest for- warders. Remo Eigen-


mann, head of air freight at Damco, said that he was “quite pleased” with the performance of the air cargo division, which increased its air freight tonnage by 135 percent in the first half of 2012 over 2011. While a large part of the increase was due to Damco’s acquisi- tion of Chinese consolidator NTS, underlying organic growth in air was still around 47 percent, Eigenmann pointed out. As well as China, strong air cargo


THE WE EKLY NEWS PAP ER FOR THE AIR CARGO PROF E S S IONAL 3


Expeditors remains


healthy and competitive


8


markets included the Middle


East,


Bangladesh and India. Damco’s circum-


Eigenmann: “air freight market is poised for recovery”


stances are unusual – as the forwarding and logistics arm of the Danish AP Moeller shipping and trans- portation group, it has historically been under-represented in air freight, whereas it is one of the leading ocean and supply chain management


firms. A major push into air got un- derway in 2010, and Damco is now among the world top 20 air cargo for- warders with around 190,000 tonnes globally, Eigenmann estimates. It is number three in supply chain man- agement and the tenth-biggest ocean freight forwarder.


Changing


opportunities in the African market


10 Chinese


air freight surges ahead


Damco sees light at end of the tunnel “We have a pretty ambitious


growth strategy,” Eigenmann contin- ues. “We would like the air freight di- vision to become more prominent within Damco.” The air cargo industry as a whole


could be poised for recovery soon, Eigenmann believes. “I don’t think the current conditions will deteriorate fur- ther, and economists are forecasting growth in the range of -2 to +2 per- cent, which is probably not entirely wrong.” One trend that he has detected,


however, is that the global air freight industry is more in tune with general economic growth: “In the past, air freight tended to over-react, growing at double the rate of the economy as a whole if it was increasing, or over-re- acting to negative events like SARS or 9/11 – but that effect is much re- duced. The ratio of air freight growth to world economic growth is now only perhaps 1 to 1.2”


IRELAND’S Aer Lingus Cargo has approved OnAsset Intelligence’s SEN- TRY 400 FlightSafe device for use on its aircraft, enabling customers to track and monitor the location and condi- tion of their high-value shipments.


Aer Lingus Cargo approves SENTRY 400 FlightSafe from OnAsset The device can be placed inside


shipments and provides information about the location, light levels, tem- perature, humidity and vibrations throughout their journey. Commenting on the decision,


One possible explanation, Eigen-


mann suggested, was that companies tend to have a much better handle on their supply chains and were much less likely to resort to air freight as an emergency stopgap. In fact, Damco markets itself to potential clients on


the basis that, by using its portfolio of ocean and sea-air services, they can ac- tually reduce their use of air freight. Damco also offers its customers ‘dy- namic selection’ of different modes, switching shipments between air, sea or sea-air, depending on their urgency.


Sea-air cargo for Asian summit


VOLGA-DNEPR AIRLINES has delivered two patrol boats from Moscow to Vladivostok to help with security at a major summit next month. With delegates from the APEC (Asia-Pacific Economic Cooperation) due


to converge on the eastern city in early September, the 20 metre long, 30- tonne high-speed Mangust vessels will form a vital part of the security oper- ation. They were loaded onto Volga-Dnepr’s AN-124-100 freighter for the flight on 9 August using a ramp and rail system and a 110-ton capacity crane. Marat Mukhametzyanov, the airline’s sales manager for Russia and Japan,


said: “We have considerable experience of this kind of delivery. Volga-Dnepr Airlines has carried boats, yachts, submarines and submersibles all over the world during its 20-year history.


20 August 2012


Peter O’Neill, director of cargo, said: “GPS tracking and data gathering of consignments in transit is increasing in importance for many of Aer Lingus Cargo’s Customers, particularly phar- maceutical manufacturers.”


WORLD NEWS P1,2,3 & 4 ● PEOPLE P4 ● TRADEFINDER P11


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