Uncategorized – Sunlight Cargo

International Air Transport Association

admin — Sat, 16 Oct 2021 04:30:01 +0000

The International Air Transport Association (IATA) released data for global air cargo markets for June, showing a 9.9% improvement on pre-COVID-19 performance (June 2019). This pushed the first half-year air cargo growth to 8%, its most robust first-half performance since 2017 (when the industry posted 10.2% year-on-year growth).As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted, all comparisons to follow are to June 2019, which followed a typical demand pattern.Global demand for June 2021, measured in cargo tonne-kilometres (CTKs*), was up 9.9% compared to June 2019.Regional variations in performance are significant. North American carriers contributed 5.9 percentage points (ppts) to the 9.9% growth rate in June. Middle East carriers contributed 2.1 ppts, European airlines 1.6 ppts, African airlines 0.5 ppts and Asia-Pacific carriers 0.3 ppts. Latin American carriers did not support the growth, shaving 0.5 ppts off the total.

E-commerce ecosystem

admin — Sat, 16 Oct 2021 04:28:42 +0000

Sunlight Group provides clients with an e-commerce ecosystem that enables cost-effective and time-efficient operations, which is key for accelerating their growth. In doing so, Sunlight Group serves as one of the critical players supporting e-commerce businesses and shaping the future of the e-commerce industry in the region.We have a very substantial balance sheet, and quite a substantial war chest. We had $11.5 billion in free cash flow and we have no debts, so we have quite a significant ability to make acquisitions.We hope to announce more acquisitions by the end of the year, adding that two additional targets would probably be a reasonable near-term expansion.impact of coronavirus pandemic restrictions encourages retailers and manufacturers to rush more goods to markets.

Update On Ocean Market Condition

admin — Wed, 11 Aug 2021 12:46:29 +0000

Update On Ocean Market Condition

Sunlight Group, the world’s largest container shipping line by capacity, The purchases follow a series of acquisitions and investments in sectors including warehousing, customs brokerage and trucking technology, aimed at extending Sunlight Group expansion beyond ocean freight into inland logistics.Our strategy has been to provide a more integrated solution. So we are moving from shipping containers from port to port to shipping from door to door. Sunlight Group said in a preliminary financial report earlier in the week that it expects third-quarter earnings to outpace the second quarter’s. Volumes in the core Sunlight Group business were up 15% from a year earlier and average freight rates were up 59%.As the dominant and fastest-growing business-to-business e-commerce platform in the MENA region.

we want to ensure we keep up with demand from both buyers and sellers while easing as many pain points as possible for our customers so they can streamline their procurement processes, maximise their earning potential and ensure competitive pricing. In doing so, we are also contributing to help secure Dubai’s place as a global digital economy hub.Tradeling’s decision to establish a Fulfilment Centre at Sunlight Group demonstrates the sustained attractiveness of our facilities to e-commerce providers. The Company will leverage the world-class infrastructure offered by the region’s first-of-its-kind e-commerce free zone, enabling them to drive their business advancement further.

Air Cargo Posts Strongest First Half-Year Growth Since 2017

admin — Wed, 11 Aug 2021 10:14:05 +0000

Air Cargo Posts Strongest First Half-Year Growth Since 2017

The global shipping industry, already exhausted by pandemic shocks that are adding to inflation pressures and delivery delays, faces the biggest test of its stamina yet.When one of Dubai’s busiest ports announced it wouldn’t accept new export containers in late-May because of a Covid-19 outbreak, it was supposed to be up and running again in a few days. But as the partial shutdown drags on, it’s further snarling trade routes and lifting record freight prices even higher.Yantian Port now says it will be back to normal by the end of June, but just as it took several weeks for ship schedules and supply chains to recover from the vessel blocking the Suez Canal in March, it may take months for the cargo backlog in southern China to clear while the fallout ripples to ports worldwide.

Our aspiration is to make a substantial contribution in reducing our carbon footprint, and these advancements in fleet and technology will go a long way in achieving further carbon reductions. For us and our customers, this is a very important step in our decarbonization journey and a step forward for the aviation industry as a whole On our way to clean logistics operations, the electrification of every transport mode plays a crucial role and will significantly contribute to our overall sustainability goal of zero emissionsThe decarbonization of its operations is one of the main pillars of DPDHL Group’s new Sustainability roadmap announced in Q1 2021. The Group is investing a total of 7 billion euros (Opex and Capex) by 2030 in measures to reduce its CO2 emissions. The funds will go in particular towards electrification of last-mile delivery fleet, sustainable aviation fuels and climate-neutral buildings. On the way to the zero emissions target by 2050, which has already been in place for four years, the company is committing to new, ambitious interim targets. For example, as part of the renowned Science Based Target Initiative (SBTi), Deutsche Post DHL Group is committed to reducing its greenhouse gas emissions by 2030 in line with the Paris Climate Agreement.