Air cargo players diversify and redraw the global perishables map
There is a shift in the way airlines are looking at the perishables market. Recent news points ...
FDX: CAPITAL STRUCTURE ADJUSTMENTPLD: DOWN SHE GOESPLD: REIT DEAL-MAKINGFDX: HOLDING UPVW: BIG DIVESTMENTAMZN: AI INVESTMENTMAERSK: ANOTHER UPGRADE GXO: CONTRACT RENEWALFDX: SELL-SIDE REACTION TO INTERIMSFDX: CONF CALL FDX: EARNINGS BEAT FDX: FREIGHT SPIN-OFF UPSIDEPLD: 'OPPORTUNISTIC DEAL-MAKING'PLD: REJECTED BY SEGROPLD: HUNTINGKNIN: BOND FINANCINGWTC: UP WE GO
FDX: CAPITAL STRUCTURE ADJUSTMENTPLD: DOWN SHE GOESPLD: REIT DEAL-MAKINGFDX: HOLDING UPVW: BIG DIVESTMENTAMZN: AI INVESTMENTMAERSK: ANOTHER UPGRADE GXO: CONTRACT RENEWALFDX: SELL-SIDE REACTION TO INTERIMSFDX: CONF CALL FDX: EARNINGS BEAT FDX: FREIGHT SPIN-OFF UPSIDEPLD: 'OPPORTUNISTIC DEAL-MAKING'PLD: REJECTED BY SEGROPLD: HUNTINGKNIN: BOND FINANCINGWTC: UP WE GO
One year on from IAG Cargo’s Heathrow to Kuala Lumpur route launch, the service has exceeded expectations, proving itself a valuable gateway for manufacturers and high-tech shippers into this important Asian trade hub. Demand from pharmaceutical customers has also been high. Since the launch in May last year, IAG Cargo has seen weekly tonnage volumes of Constant Climate shipments out of Asia Pacific increase by an average of 50% compared to the previous year. Similarly, pharmaceutical volumes into the region have seen an average 30% weekly rise versus the same period in 2015. This improved performance was supported by the launch of a new Constant Climate enabled station at Kuala Lumpur in December 2015.
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