WELCOME NEWS FOR CONSOLIDATORS INTERNATIONAL
The TSA division of the Department of Home Security is moving forward in implementing 100% screening of all air cargo by year’s end. Last year we invested $hundred’s of thousands in screening equipment and this year we trained six specialists in our security screening department in Los Angeles. Many of our brethren forwarders are scrambling [...]
IATA STATS TELL A SORRY TALE
Until Bush/Obama started talking $trillions in bail out money a $billion sounded a hefty sum of money. It was only three or fours years ago that Exxon Mobil, the world’s largest company, earned a colossal $40 billion in one year and the world was aghast. When IATA announced this week that the airlines would collectively lose a shade under $5 billion in 2009, it hardly raised an eyebrow.
HOW THE AIRFREIGHT INDUSTRY HAS CHANGED
You may be aware I have never understood the logic of the airlines in keeping their surcharges separate from their general rating structures literally since the day they first applied them as an add on. Now that fuel may return to levels before the surcharge was ever thought of, the forwarding industry is going be [...]
Mid-Sized Forwarders Will Do Well Despite Recession
Last month, I was invited by the Chicago Air Freight Forwarders Association to give a talk at its monthly luncheon. The Association asked that I discuss the effect of the current recession on air cargo in general and freight forwarders in particular. In my talk, I told the audience in no uncertain terms of my [...]
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