United

Status quo to remain on CASS billing to forwarders

Magazine Stories August Issue 2008
Saturday, 21 June 2008
MOST airlines operating cargo services in Australia are expected to maintain the status quo on CASS billing to forwarders, following a move by the International Air Transport Association (IATA) to implement changes to Resolution 823. The changes basically mean airlines within the CASS billing system now can offer differ individual credit terms for their agents. IATA made the changes to avoid being in contravention of the Australian Competition and Consumer Commission (ACCC) laws after IATA's immunity from Australian competition laws for the Cargo Agency Program expired on 31 December, 2007. 

Read more ...

$billions tipped for CEE/Russia as regional logistics explodes

Magazine Stories August Issue 2008
Saturday, 21 June 2008

NEW research shows that Central and Eastern Europe (CEE) and Russia will be the next hot spots for the logistics industry.

A report called CEE Logistics Outlook by independent market analyst, Datamonitor, predicts a period of high growth over the next five years, with the nominal spend on logistics and storage in the region growing from an estimated US$272.3 billion today to US$369.4 billion by 2012.

This will primarily be derived from the fast growing domestic country-markets, as well as increasing merchandise exports.

According to the report, the overall CEE economy is estimated to leap at an average growth rate of five per cent during 2007-12, with strong contribution from the automotive, consumer goods, electronics and machinery, retail and telecom industries. This also is paving the way for increased development and outsourcing of contract logistics in the region.

On the whole, the CEE has a relatively under-developed transport network, but is attracting increasing investment flows from the EU, local government and large foreign and domestic private players in the logistics sector.

“The lenient tax policies and moves for privatisation also have helped attract a good amount of foreign direct investment funds into the region,” said Praveen Ojha, senior logistics analyst with Datamonitor and co-author of the report. “With rising private consumption and fast growing external and internal trade, the CEE region has displayed a high potential for the sustained growth of the transportation and logistics market.”

Datamonitor says the CEE region also is experiencing high demand for warehousing of agricultural and perishable products. However, inventory management, supply chain management, consultancy and IT solutions are among key areas for greater growth in the future. Going forward, all this along with the EU accession of the region will result in an increasing number of international freight forwarders and large LSPs scaling up their investments and activities to exploit the logistics outsourcing market, especially in the Czech Republic, Hungary, Poland and Russia.

“Until recently, the major weaknesses of the CEE countries were their economic instability and low quality of overall transport infrastructure,” said Ojha. “However, following the EU accession for most countries (and imminent accession for others), improved fiscal management by the governments and increased mobilisation of capital (especially foreign direct investments) for infrastructure investment has helped in successfully tackling these challenges.”

HACTL
Cathay Cargo
United

Status quo to remain on CASS billing to forwarders

Magazine Stories August Issue 2008
Saturday, 21 June 2008
MOST airlines operating cargo services in Australia are expected to maintain the status quo on CASS billing to forwarders, following a move by the International Air Transport Association (IATA) to implement changes to Resolution 823. The changes basically mean airlines within the CASS billing system now can offer differ individual credit terms for their agents. IATA made the changes to avoid being in contravention of the Australian Competition and Consumer Commission (ACCC) laws after IATA's immunity from Australian competition laws for the Cargo Agency Program expired on 31 December, 2007. 

Read more ...

$billions tipped for CEE/Russia as regional logistics explodes

Magazine Stories August Issue 2008
Saturday, 21 June 2008

NEW research shows that Central and Eastern Europe (CEE) and Russia will be the next hot spots for the logistics industry.

A report called CEE Logistics Outlook by independent market analyst, Datamonitor, predicts a period of high growth over the next five years, with the nominal spend on logistics and storage in the region growing from an estimated US$272.3 billion today to US$369.4 billion by 2012.

This will primarily be derived from the fast growing domestic country-markets, as well as increasing merchandise exports.

According to the report, the overall CEE economy is estimated to leap at an average growth rate of five per cent during 2007-12, with strong contribution from the automotive, consumer goods, electronics and machinery, retail and telecom industries. This also is paving the way for increased development and outsourcing of contract logistics in the region.

On the whole, the CEE has a relatively under-developed transport network, but is attracting increasing investment flows from the EU, local government and large foreign and domestic private players in the logistics sector.

“The lenient tax policies and moves for privatisation also have helped attract a good amount of foreign direct investment funds into the region,” said Praveen Ojha, senior logistics analyst with Datamonitor and co-author of the report. “With rising private consumption and fast growing external and internal trade, the CEE region has displayed a high potential for the sustained growth of the transportation and logistics market.”

Datamonitor says the CEE region also is experiencing high demand for warehousing of agricultural and perishable products. However, inventory management, supply chain management, consultancy and IT solutions are among key areas for greater growth in the future. Going forward, all this along with the EU accession of the region will result in an increasing number of international freight forwarders and large LSPs scaling up their investments and activities to exploit the logistics outsourcing market, especially in the Czech Republic, Hungary, Poland and Russia.

“Until recently, the major weaknesses of the CEE countries were their economic instability and low quality of overall transport infrastructure,” said Ojha. “However, following the EU accession for most countries (and imminent accession for others), improved fiscal management by the governments and increased mobilisation of capital (especially foreign direct investments) for infrastructure investment has helped in successfully tackling these challenges.”

HACTL
Cathay Cargo
HACTL
Cathay Cargo