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Trade war may present long-term headwind for air freight

Trade war may present long-term headwind for air freight-Forwardernews

Supply, as measured by available freight ton kilometers (AFTK's), continued to outpace the growth in demand in both months. However, the rate also fell in June (4.1%) and July (3.8%) compared to the first five months of the year when AFTK's grew by 5.1% on average. 
The dip is primarily a result of an end to the inventory restocking cycle, the IATA wrote in both its June and July Air Freight Market Analysis report. However, short-term disruptions (such as the grounding of the Nippon Cargo fleet) and weakening global exports are contributing factors.

New logistics software upgrades from Oracle released last week

New logistics software upgrades from Oracle released last week-Forwardernews

According to spokesmen, these releases enable managers seeking to reduce costs, streamline compliance with global trade regulations, and accelerate customer fulfillment, to utilize these significant needs on a single, integrated platform.
Oracle’s Vice President, SCM Product Strategy, Derek Gittoes, told LM in an interview that the dual releases may provide managers with real-time asset and cargo tracking that enhances the security of their supply chains.
“With this solution, they can be alerted to deviations in their shipment plans that may be indicative of security breaches,” he said... “For example, a truck that makes an unscheduled stop or a truck that takes an unplanned route.”

Jarrett Logistics Systems named among nation’s fastest-growing private companies

Jarrett Logistics Systems named among nation’s fastest-growing private companies-Forwardernews

JLS, which specializes in managing supply chains, came in at number 4,115 on the 37th annual list. According to the news release, only seven other companies have made the list as many times as JLS has. The company said the distinction is “the most prestigious ranking” of high-growth private companies, and the list highlights the most successful small and mid-sized businesses in the country. 
W. Michael Jarrett, president of JLS, said the company will continue to grow by sticking with the values that have brought it this far. 

Lufthansa Cargo expands Africa presence with start of Brussels Airlines deal

Lufthansa Cargo expands Africa presence with start of Brussels Airlines deal-Forwardernews

The first Brussels aircraft carrying cargo sold by Lufthansa will takeoff on September 1, but can be pre-booked 30 days in advance.

The deal means Lufthansa Cargo's route network will be supplemented by a further 15 destinations - above all in West, East and Central Africa, directly from Brussels. (see full list below).

Kenya to Revive National Shipping Line in Partnership With MSC

Kenya to Revive National Shipping Line in Partnership With MSC-Forwardernews

The Kenya National Shipping Line, which was established in 1987 and stagnated after years of mismanagement, is “expected to once again become an active participant in international seaborne trade, which accounts for a significant percentage of Kenya’s total trade,” Kenyatta said Thursday after signing an agreement with MSC’s First Vice President Giovanni Cuomo.
The government proposes to give the KNSL, which is owned jointly by the East African state and three foreign shareholders, the sole mandate to handle government cargo, the presidency said in another statement on Tuesday.

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