There was a small improvement in airfreight growth in October, according to the International Air Transport Association (IATA). The International Air Transport Association (IATA) released figures showing a small improvement in air freight growth in October. Compared to October 2012, there was a 4% growth increase for all regions except for Africa. “Since mid-year we have … [Read more...]
AMERICAN AIRLINES CARGO EXPANDS CARGO SERVICE IN MINNEAPOLIS/ST. PAUL
From Press Release Monday, 12/2/2013 American Airlines Cargo begins offering full cargo service to and from Minneapolis/St. Paul, Minnesota (MSP). The newly-expanded service provides customers with more options for shipping cargo into and out of the city. Cargo service in Minneapolis/St. Paul is available for all American's … [Read more...]
Expanding Your Exports
If you are considering expanding your exports into new markets, you can grow your bottom line. If you are already exporting, you have overcome many of the challenges. With a assistance, you can expand to new markets. -> export.gov - helps U.S. companies export. They are a great resource of detailed online information. Here is where to start: 4 Easy Steps to Expand to … [Read more...]
Chinese VAT Tax Confusion
Lack of clarity of the new Chinese VAT Tax implemented on August 1st, 2013 is causing mounting frustration for Shippers & Freight Forwarders. Since the laws are so vague, many carriers are interpreting them differently and billing VAT to shippers/forwarders based on their interpretation causing inconsistency with the carriers. In addition it is making it very difficult to … [Read more...]
‘Uptick’ Continues in Cargo Traffic
Global freight traffic was up 1.2% in July year-on-year, "showing a continuation of the modest improvement trend experienced in June" , said the International Air Transport Association (IATA) in its latest report. July was slightly better than the 0.9% year-on-year increase recorded in June, as growth in Europe and the Middle East offset weakness in Asia. As a result of the … [Read more...]