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...]
Ebola and Trade
Ebola and Trade Even though this statement has been made and is still true: Ebola has never been transmitted by international shipping. The shipping community is being impacted by Ebola in the forms of delays, schedule changes and possibly quarantines. The current concern is can be justified [from JOC]: The 2014 Ebola crisis in the countries of Guinea, Liberia, … [Read more...]
Air Freight Disruptions – Lufthansa Pilots Strike
Air Freight Disruptions - Lufthansa Pilots Strike Air Cargo shippers are challenged by disruptions again today as a strike by Lufthansa pilots forced the cancellation of 50 long-haul flights to and from Frankfurt, Germany, the German carrier’s global cargo hub. The strike: At issue are changes in transitional retirement benefits. Pilots may currently retire with 60% of … [Read more...]
New FTR for Exports: Grace Period Over October 2, 2014
New FTR for Exports: Grace Period Over October 2, 2014 AES Broadcast #2014077 On April 5, 2014, the U.S. Census Bureau, in concurrence with U.S. Customs and Border Protection (CBP), implemented an 180 day informed compliance period regarding the enforcement of the Final Rule published on March 14, 2013 which revised Title 15, Code of Federal Regulations, Part 30, Foreign … [Read more...]
What is the Correct Consignee Type for AES?
What is the Correct Consignee Type for AES? Recent changes to the way US Customs require AES filings to be completed have resulted in requiring further information about your consignee. Specifically the type of company they are and how they are using your goods. Knowing your customer and their business is important not only for AES but also for export compliance in regards to … [Read more...]