enarhyazzh-CNzh-TWcsdanlettlfifrkadeelhihuisiditjakolvmsnofaplptruskslessvthtrukviyi

.........-----

translate arrow

MEA partners with ECS Group
PARIS: April 26, 2018. Middle East Airlines (MEA) ...

Read more

Cargolux reports “best year in history”
LUXEMBOURG, GD: April 25, 2018. Cargolux says it h...

Read more

Record 2018 start for Port of Wilmington
WILMINGTON, NC: April 24, 2018. North Carolina Por...

Read more

IAG Cargo acknowledges World Immunisation Week
LONDON/MADRID: April 24, 2018. IAG Cargo is markin...

Read more

Liverpool provides Scottish shortbread US access
PORT OF LIVERPOOL, UK: April 23, 2018. Peel Ports ...

Read more

Nor Lines adds Rotterdam to LNG-powered Norway service
ROTTERDAM: April 22, 2018. Nor Lines, a subsidiary...

Read more

AAL adds to its European agency network
SINGAPORE: April 19, 2018. Breakbulk and project c...

Read more

DFDS to acquire Turkey's U.N. Ro-Ro
COPENHAGEN: April 18, 2018. European short-sea RoR...

Read more

MEA partners with ECS Group
Cargolux reports “best year in history”
Record 2018 start for Port of Wilmington ...
IAG Cargo acknowledges World Immunisation Week
Liverpool provides Scottish shortbread US access
West Atlantic to operate Boeing's first converted 737-800...
Nor Lines adds Rotterdam to LNG-powered Norway service...
AAL adds to its European agency network
DFDS to acquire Turkey's U.N. Ro-Ro

Latest News

Unilever ice cream
25 Apr, 2018

New truck reefer unit could save 36 billion litres of diesel fuel

in Latest News
LONDON: April 24, 2018. Unilever has just finished a six-month trial of the Dearman…
daphneproject 620w
24 Apr, 2018

European Commission proposes whistleblower protection

in Government
BERLIN: April 23, 2018. The European Commission has published its proposed Whistleblower…
Airbus Mobile AL
20 Apr, 2018

Port of Mobile signs for new US$60 million RoRo auto terminal

in ports
MOBILE, AL: April 18, 2018. The Port of Mobile is to open a new vehicle processing RoRo…
Arthur Welter
20 Apr, 2018

Luxembourg adopts cross-border electronic consignment document

in Road
LUXEMBOURG, GD: April 20, 2018. Luxembourg and the Netherlands have followed Spain and…
CEVA Logistics
20 Apr, 2018

CEVA Logistics announces IPO and planned stake by CMA CGM

in Latest News
MARSEILLE: April 20, 2018. CMA CGM is planning to buy CEVA Logistics securities at a cost…
Lekki port CMA CGM
17 Apr, 2018

Nigeria’s first deep-sea port to open in 2020

in ports
LEKKI PORT, Nigeria: April 16, 2018. CMA CGM and Lekki Port LFTZ Enterprise have signed…
Rift Valley Railways
17 Apr, 2018

World Bank sanctions African Railways Logistics

in Rail
WASHINGTON, April 16, 2018. The World Bank Group has barred Africa Railways Logistics…
HyperloopTT Tube2
16 Apr, 2018

Hyperloop technology takes another high-speed step

in Latest News
TOULOUSE: April 16, 2018. HyperloopTT has taken delivery of full-scale passenger and…
ZIPLINE drone
13 Apr, 2018

First drone delivery network for medicines set to expand

in Humanitarian
ATLANTA: April 13, 2018. The UPS Foundation has awarded grants and in-kind support of…

OSLO: December 14, 2017. Ocean rate platform Xeneta is adding air cargo rates to a product suite that it says will "bring fresh levels of transparency to the volatile air freight market".

Xeneta has been collecting real-time global shipping data since 2012 and now covers over 160,000 port-to-port pairings and 35 million contracted rates. The company says it now wants to do the same for the air cargo industry.

DP"There is a clear market demand for a benchmarking tool enabling the industry to get optimal value from airfreight rate negotiations," claimed Xeneta CEO Patrik Berglund. "The sector is equally, if not even more, unpredictable than that of ocean freight rates, with prices currently sky rocketing due to lack of capacity and increasing e-commerce demand, amongst other factors.

"This is bad news for everyone, especially those who want to ensure they get products on the shelves at peak periods, such as Christmas," he added.

Berglund's comment coincides with a Lufthansa Cargo announcement that it has been operating extra MD11 charter capacity for Deutsche Post between Frankfurt and New York "in the service of Santa Claus". According to Alexis von Hoensbroech, Chief Product and Sales Officer, "we have never before organized so much additional cargo space on such short notice." 

Xeneta said it plans to launch its new airfreight service in Q2 2018, based on its crowd-sourcing ocean data collection model, for users to see the average market rate for origin and destination-based pairings based on spot and long-term airfreight contracts.

"We'll be giving users instant access to the latest air freight rates on worldwide routes, sourced from reliable, leading global businesses," Berglund continued. "We're already collecting rates from our established user base, and seeking more early adopters to help expand data collection. At the moment we're adding over two million contracted rates monthly for ocean shipping and we'll be looking to more than double our overall rate density for both modes of transports collectively in 2018."

Earlier this month the company announced it had added ocean refrigerated container rates to its platform. Shippers can expect a similar move for airfreight next year.

Corporate News

digital-magtwitter-fw1utube-fw2loinked-fw3

- powered by Quickchilli.com -