Agility Launches New China Freight Service
Agility, a leading global logistics provider, has introduced a scheduled freighter service that will directly connect key origins in China via Shanghai to Kaunas, Lithuania. With few freight options that cover this routing, the new service delivers stable and faster access, helping customers move goods from China into the rapidly growing markets of Northern Europe, the Nordics, Russia and the Baltics. Read more
Price Fixing Cartel among Air Cargo Carriers
The European Commission has fined 11 air cargo carriers a total of €799,445,000 for operating a worldwide cartel which affected cargo services within the European Economic area (EEA). Read more
Fraport Starts Marketing Development Land
Frankfurt Airport is offering an additional 27 hectares of development land at CargoCity South. Fraport AG has issued a worldwide “Call for Expression of Interest” inviting the logistics industry to specify its locational and space requirements. Read more
Dachser Expands in Poland
The internationally operating logistics provider, Dachser, is continuing to expand its global logistics network. The Dachser Air & Sea Logistics business segment is setting up its own team in the Polish air and sea freight market. Read more
Prices of Air Freight Transports in Free Fall
As reported by the Federal Statistical Office (Destatis), the index of air freight prices in the first quarter of 2009 was by 24.4% lower than in the first quarter of 2008. Compared with the fourth quarter of 2008, prices were down an average 21.2%. Hence the price index decreased for the second consecutive quarter, reaching its lowest level since it was first calculated in 2007. Previously, the prices rose continuously from the beginning of 2007 into the 3rd quarter of 2008. Read more
