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  • 02 Jan 2020 5:31 PM | Anonymous

    Original news was published on 02 January 2020

    Airfreight rates continued to climb in November as average prices reached their highest level in 2019.

    The latest east-west airfreight price index from consultant Drewry’s Sea and Air Shipper Insight report showed that prices reached $3.02 per kg in November – the highest level since December last year.

    The fact that 2019 prices reached their highest level in November is in line with previous years and comes as the industry enters its traditional pre-Christmas peak season.

    For comparison, November’s prices were up on October’s average rates of $2.74 per kg but were down on the $3.16 per kg achieved during the same month last year.

    “All in airfreight rates elevated to $3.02 per kg this month, which shows 10% increase from previous month, however 5% lower when compared to same month previous year. Based on historical trend, Drewry expects airfreight rates to erode in December,” the consultant said.

    The index is based on buy rates paid by forwarders for standard airport-to-airport flights on 28 major east-west routes for cargo above 1,000 kg.

    *NEWS SOURCE

  • 31 Dec 2019 1:46 PM | Anonymous

    New partners are going on to join with the valuable contribution of the members!

    Today we are glad to welcome STAR GLOBAL LOGISTICS CO., LTD. from South Korea with the recommendation of Bee Logistics Corporation - Vietnam.

    Let’s have a warm welcome to our new member on board of the Freight Midpoint.

    Wish you a great cooperation together!

    STAR GLOBAL LOGISTICS CO., LTD.
    ADDRESS: 3F, Sejin Bldg., 102, Gangseo-ro 56-gil, Gangseo-gu, Seoul - South Korea
    CONTACT: Ms. Lina
    TEL: +82 2 3663 9726 / 3143 4141
    FAX: +82 2 3661 5884 / 3143 5885 / 3142 1789
    WEB: www.starglobal.co.kr

    VISIT WEBSITE (CLICK HERE!) | VISIT FM PROFILE (CLICK HERE!)

  • 31 Dec 2019 9:37 AM | Anonymous

    Original news was published on 30 December 2019

    DP World JeddahDP World has been awarded a 30-year Build-Operate-Transfer (BOT) concession by the Saudi Ports Authority (Mawani), for the management and development of the Jeddah South Container Terminal at the multi-purpose Jeddah Islamic Port.

    Under the agreement, DP World will invest up to $500 million to improve and modernise the Jeddah Islamic Port, including major infrastructure development to enable the Port to serve the ultra-large container carriers (ULCC’s), which are considered the world’s largest mega containerships.

    Established in 1976, the Jeddah Islamic Port is on the red sea and the largest port in the Kingdom of Saudi Arabia with annual volumes of over 6 million TEU’s.

    As a crucial link on the world’s busy east-west trade route and the Kingdom’s main commercial centres, the Port currently handles approximately 60% of the country’s sea-imports and is a strategic hub that connects East-West cargo.

    Developing Jeddah Islamic Port will contribute to achieving Saudi Vision 2030 as the project is considered a key milestone towards achieving the targets of The National Industrial Development and Logistics Vision Realization Program, one of the Vision’s major initiatives.

    The concession will also be instrumental in facilitating the smooth and efficient movement of cargo and greater access to local and international markets.

    DP World has operated the South Container Terminal on a lease agreement for more than 20 years.

    As the main trade destination for Saudi Arabia and one of the Kingdom’s major port privatisation projects, the new terminal will also have an upgraded capacity of 3.6mn TEU up from 2.4mn TEU, to meet the expected growth demands of the future, and will provide 1,400 jobs.

    Sultan Ahmed Bin Sulayem, DP World Group Chairman and CEO, said: “DP World is honoured to support the Kingdom’s 2030 growth vision through this new concession to transform the country into a global logistics hub. We have committed to investing significantly to modernise the Jeddah South Container terminal, which will not only result in greater direct and indirect job creation but also deliver best-in-class efficiency and productivity to the Port’s operations.”

    Bin Sulayem added, “We look forward to leveraging our strategic partnership with Mawani and the Ministry of Transport and National Centre for Privatisation to collaboratively develop the Kingdom’s trade ecosystem while enhancing the nation’s competitiveness. Beyond the terminal, our ambition is to develop inland connectivity across the Arabian Peninsula between Jeddah and Jebel Ali Port in Dubai, as well as to Saudi Arabia’s cities through smart technology-led logistics, which should support further growth in this strategic hub that connects East-to-West.”

    In line with DP World’s mission to transform container terminal operations through technology driven innovation, the South Container Terminal will become successfully state of the art facility with advanced infrastructure and fully commissioned smart services that ensure transparency of transactions and greater facilitation of trade.

    DP World Group Chairman and CEO held a signing ceremony of the BOT concession at the Jeddah Islamic Port on 23rd December, in attendance of Makkah Acting Governor, HRH Prince Badr bin Sultan bin Abdul Aziz Al Saud, H.E Engineer Saleh bin Naser Al Jasser, Minister of Transport and Mawani’s Chairman of the Board, H.E Bandar Alkhorayef, Minister of Industry and Mineral Resources, HE Saad Al Khalb, President of Mawani and HE Sheikh Shakbout bin Nahyan Al Nahyan, UAE Ambassador to KSA.

    *NEWS SOURCE

  • 26 Dec 2019 5:05 PM | Anonymous

    Original news was published on 24 December 2019

    Earlier this week (on December 22), Vietnam’s Bamboo Airways took delivery of its first widebody aircraft – a Boeing 787-9 ‘Dreamliner’.

    It took delivery of the aircraft, called Ha Long Bay, at Noi Bai International Airport in Hanoi.

    In so doing, Bamboo Airways noted that it became the first ‘private airline’ (ie, excepting the state-owned Vietnam Airlines, which also flies long-haul airplanes) to operate widebody aircraft in Vietnam.

    According to a statement from Bamboo Airways, it regards the B787-9 as an aircraft type that will play a “key role in the future operation of the airline’s medium and long-haul routes to Asia, Europe and America”.

    It expects to be operating four of the type within the very near future.

    Ihssane Mounir, senior vice president of commercial sales and marketing at Boeing, observed: “Bamboo Airways has seen remarkable growth since the start of its operation nearly one year ago.

    “The airline is positioned to become a key player in serving the rapidly rising domestic Vietnamese market and achieve its long-range plans to connect Asia with Europe, North America and beyond.

    “The Dreamliners will bring the perfect combination of efficiency and flexibility for Bamboo Airways to serve new point-to-point regional and international destinations,” Mounir declared.

    Rapid development

    The carrier began operating its first commercial flights in January 2019, and now flies on a total of 34 domestic and international routes.

    Alongside the rapid and ongoing expansion of its route network, its fleet is expected to number 30 aircraft by January 2020.

    And the deputy general director of Bamboo Airways, Eddy Doyle, has said that Bamboo Airways’ fleet will reach a total of 100 aircraft by 2025.

    He predicts that the carrier’s network will expand to cover 85 routes in 2020, taking in 60 domestic and 25 international routes.

    “At the same time, we are focusing on co-operation with the world’s leading partners in the field of aviation technology and training to further improve the overall quality of service,” Doyle said.

    Taipei connection

    Late last week (on December 20), Bamboo Airways launched a new A321 scheduled linking Hanoi with Taipei.

    Bamboo Airways will fly the round trip seven times a week.

    The carrier has confirmed that it plans on connecting other Vietnamese and Taiwanese cities as and when it can.

    *NEWS SOURCE

  • 24 Dec 2019 12:01 PM | Anonymous

    New partners are going on to join with the valuable contribution of the members!

    Today we are excited to welcome SPEED GLOBAL LOGISTICS S.A.C. from Peru with the recommendation of CSC Global Services Forwarding Sa De Cv - Mexico.

    Let’s have a warm welcome to our new member on board of the Freight Midpoint.

    Wish you a great cooperation together!

    SPEED GLOBAL LOGISTICS S.A.C.

    ADDRESS: Av Elmert Faucett S/N INT 417 Modulo B (Centro Aeréo Comercial) Callao - Peru
    CONTACTS: Ms. Rosangela Monroy, Mr. Zhuder Zuniga, Ms. Rocio Saibay, Mr. Jesus Sosa
    TEL: +511 484 7158
    WEB: www.sglfreight.com

    VISIT WEBSITE (CLICK HERE!) | VISIT FM PROFILE (CLICK HERE!)

  • 24 Dec 2019 11:00 AM | Anonymous

    Original news was published on 23 December 2019

    IT and business consulting solution provider Cargo Flash has successfully implemented its Next Generation Systems (nGen) in a record time of just two months for Malaysia-based Raya Airways.

    The state-of-the-art systems by Cargo Flash will efficiently manage their entire cargo operations.

    The nGen Suite of products by Cargo Flash implemented for Raya Airways will support its end-to-end cargo business by providing solution to establish an effective reservation, handling and revenue accounting system.

    The state-of-the-art cloud based systems will not only streamline and manage each logistics task from initial booking up till final delivery but also seamlessly and effectively control all functions regarding pricing, allotment, reservation, operation, flight capacity and schedule, customer relationship management, export invoicing and interline invoicing among all other modules including finance.

    Francis Antony, commercial director, Raya Airways says: “We are extremely pleased with the successful implementation of our Next Generation System by Cargo Flash.

    I am confident that nGen system will enable Raya Airways to cater to its customer’s needs for a faster and more reliable booking platform, which will position the airline as a reputable and expert cargo airline carrier with network across Southeast Asia. This web-based program offers efficient and effective booking software that enables customers to manage their booking with faster respond time. Among many other features, nGen system is able to provide accurate track and trace of each shipment to ensure customers are always updated on the status of their shipments.”

    Gautam Mandal, director, products, Cargo Flash says: “I am honoured to welcome Raya Airways into Cargo Flash Family. The successful implementation of our nGen suite of products, which boasts state of the art technology and comprehensive business functionalities, will significantly contribute towards their growth and help achieve their goal. We are looking forward to a smooth and long term association with Raya Airways.”

    Raya Airways is a cargo airline with more than 25 years of experience in cargo business. It has its head office in Selangor, Malaysia.

    Raya Airways is an express freight and freighter charter company.

    It offers scheduled and express delivery, aircraft charters, ground handling, warehousing, trucking connections and engineering services to its prestige line of clientele.

    *NEWS SOURCE

  • 20 Dec 2019 5:41 PM | Anonymous

    Today it is our pleasure to share with you that LEO GLOBAL LOGISTICS PVT LTD re-joined Freight Midpoint from India.

    Remind that they used to be our member and now we are happy to see them among us again.

    Wish you a great cooperation together!

    LEO GLOBAL LOGISTICS PVT LTD

    ADDRESS: 4, Fairlie Place, HMP House, 2nd Floor, Room No: 207 A, Kolkata - 700 001, India
    CONTACT: Saurav Anuj
    TEL: +91 33 40620466
    FAX: +91 33 24842443
    WEB: www.leoglobal.co.in

    VISIT WEBSITE (CLICK HERE!)
    | VISIT FM PROFILE (CLICK HERE!)

  • 19 Dec 2019 4:45 PM | Anonymous

    Original news was published on 19 December 2019

    Raya AirwaysIT and business solution provider Cargo Flash has successfully implemented its Next Generation Systems in a record time of just 2 months for Raya Airways which is a Cargo Airline having its head office in Malaysia.

    The state-of-the-art systems by Cargo Flash will efficiently manage their entire Cargo Operations.

    The nGen Suite of products by Cargo Flash implemented for Raya Airways will support their end-to-end Cargo business by providing solution to establish an effective Reservation, Handling and Revenue Accounting system.

    The state-of-the-art cloud based systems will not only streamline and manage each logistics task from initial booking up till final delivery but also seamlessly and effectively control all functions regarding pricing, allotment, reservation, operation, flight capacity & schedule, customer relationship management, export invoicing & interline invoicing among all other modules including finance.

    Through our technology we aim to provide our client with an efficient user experience and enabling them to seamlessly manage entire cargo lifecycle and enhance the overall productivity for airline’s users.

    Francis Antony – Commercial Director, Raya Airways says, “We are extremely pleased with the successful implementation of our Next Generation System (nGen) by Cargo Flash.

    I am confident that nGen system will enable Raya Airways to cater to its customer’s needs for a faster and more reliable booking platform, which will position the airline as a reputable and expert cargo airline carrier with network across Southeast Asia.

    This web-based program offers efficient and effective booking software that enables customers to manage their booking with faster respond time.

    Among many other features, nGen system is able to provide accurate track and trace of each shipment to ensure customers are always updated on the status of their shipments.”

    Gautam Mandal, Director – Products, Cargo Flash says, “I am honoured to welcome Raya Airways into Cargo Flash Family. The successful implementation of our nGen suite of products, which boasts state of the art technology and comprehensive business functionalities, will significantly contribute towards their growth and help achieve their goal. We are looking forward to a smooth and long term association with Raya Airways.”

    *NEWS SOURCE

  • 17 Dec 2019 4:26 PM | Anonymous

    Original news was published on 17 December 2019

    Uzbekistan Airways has signed up to use CHAMP Cargosystems’ online portal, FREIGHT.AERO, as it looks to develop its digital offering.

    FREIGHT.AERO offers real-time availability and price, e-bookings, air waybill and house air waybill processing.

    “FREIGHT.AERO is connected to 20+ airlines and empowers forwarders to do business online with multiple airlines through a single platform,” CHAMP said.

    “The unique strength of FREIGHT.AERO is the direct connectivity through APIs and Traxon cargoHUB – the largest Cargo Community Service in the world – to Cargospot that powers 70 Airlines and 40 GSAs around the globe.”

    Uzbekistan Airways also uses Cargospot Airline, Revenue, Traxon Global Customs and Traxon Global Security.

    *NEWS SOURCE

  • 16 Dec 2019 10:17 AM | Anonymous

    New partners are going on to join with the valuable contribution of the members!

    Today we are excited to welcome NEW AGE CLEARING & FORWARDING (INDIA) PRIVATE LIMITED from India with the recommendation of B2B Global Inc, Canada.

    Let’s have a warm welcome to our new member on board of the Freight Midpoint.

    Wish you a great cooperation together!

    NEW AGE CLEARING & FORWARDING (INDIA) PRIVATE LIMITED
    ADDRESS: Plot No. 40, Udyog Vihar, Phase-1, Gurgaon – 122016, Haryana, India
    CONTACT: Lokesh Kumar
    TEL: +91 0124 4054361
    WEB: www.ncffi.com

    VISIT WEBSITE (CLICK HERE!) | VISIT FM PROFILE (CLICK HERE!)

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