Exports: Determining Value & License Value Did you know that the requirements for filing licensed goods in the Automated Export System (AES) recently changed? In addition to reporting the value, you are required to report license value in the AES. How to determine value and license value to ensure you avoid costly mistakes? From Global Reach Value vs. License … [Read more...]
IATA: Air Freight Growth for November
IATA: Air Freight Growth for November From IATA: November 2014 data for global air freight markets shows that demand grew 4.2% compared to November 2013. Capacity grew by 3.3% over the previous November. Compared to October 2014, air freight demand expanded by a healthy 0.8%. The regions that had the most significant growth were the Asia-Pacific and Middle East … [Read more...]
IATA: Lithium Battery Risk Mitigation Guidance for Operators
IATA: Lithium Battery Risk Mitigation Guidance for Operators IATA (International Air Transport Association) announced the publication of the first edition of the Lithium Battery Risk Mitigation Guidance for Operators. This is a free online guide which provides airline operators with critical information related to the safe handling and transport of lithium batteries by air. … [Read more...]
IATA: Air Freight Strong Performance Continues
IATA: Air Freight Strong Performance Continues The International Air Transport Association (IATA) October data for global air freight markets shows a strong performance of air cargo is continuing. Demand rose 5.4% in October compared to October 2013 while capacity grew by 4.4%. Compared to September demand grew by 0.7% which is a new monthly high. The good results … [Read more...]
IATA: Air Cargo Growth Continues
IATA: Air Cargo Growth Continues Air Cargo volumes rose 5.2% [measured in in FTK's - freight tonne kilometers] for September compared to last year; capacity increased by 3.8%. There is overall growth: for some airlines increases of 5 to 17% for Asia- Pacific, North America, Middle East and Africa but some areas are seeing a decline [European carriers] or flat [Latin … [Read more...]