IATA Archives - The Loadstar

The big supply chain disruptor is the regulators, say shippers

Charlotte Goldstone — Mon, 04 Nov 2024 13:41:49 +0000

Shippers need their supply chain partners to collaborate in order to speed up processes and provide visibility, according to head of logistics at Early Health Group, Yulia Celetaria.
On the sidelines of Aviation connect in Istanbul last week, Ms Celetaria told The Loadstar: “I have a clinical trial that needs to be delivered from Switzerland to some remote area in Argentina, and sometimes we use five to six service providers.
“We work ...

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Air cargo players want ‘cohesion and consistency’ in how aviation reports emissions

Charlotte Goldstone — Mon, 12 Aug 2024 10:10:17 +0000

Current CO2 air cargo emission calculating methodology has been compared to the VW emissions scandal, with a lack of standardisation allowing passenger ‘greenwashing’ at the expense of cargo.
The disparity between IATA and ICAO’s baseline figures for calculating air cargo emissions could be resulting in false sustainability data, making passenger operations look cleaner and contributing to global warming.
Calculating emissions from a given flight is done by dividing fuel burn by ...

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IATA fights back as India hits major foreign airlines with tax evasion allegations

Alexander Whiteman — Wed, 07 Aug 2024 11:49:48 +0000

Foreign airlines operating out of India are in the crosshairs of its regulatory authorities over alleged evasion of indirect federal taxes, raising industry eyebrows.
According to sources, most top carriers – anecdotally as many as 10 or more – have been asked to show why they had failed to comply with India’s national Goods and Services Tax (GST) rules that came into effect in July 2017. Sources put the combined tax ...

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Agents not compliant with dangerous goods training rules will be struck-off, warns IATA

Alex Lennane — Thu, 25 Jul 2024 12:09:41 +0000

Forwarder associations are warning members that they must upload their dangerous goods certificates immediately, or face being struck-off the roster of IATA agents.
BIFA, the UK forwarder association, said IATA had decreed that “agents who are currently non-compliant and not enrolled in DGR training will start receiving final termination notices today”.
The association added: “If they remain non-compliant, their termination date will be on 31 August.”
BIFA told members they must address this ...

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News in Brief podcast | Week 30 2024 | Surcharges, strikes and IATA’s stressful settlements

Charlotte Goldstone — Mon, 22 Jul 2024 03:00:50 +0000

In this episode of The Loadstar’s News in Brief Podcast, host and news reporter Charlotte Goldstone recaps last week’s supply chain news, including strike updates from Europe, Asia and North America. She also offers a preview of stories that might appear on The Loadstar this week.
The Loadstar’s managing editor, Gavin van Marle, recaps the latest ocean freight rates and discusses how there might be some hope for shippers’ wallets on the horizon.
The ...

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FLASH CARD: Why are forwarders so angry with IATA?

Alex Lennane — Fri, 19 Jul 2024 10:32:36 +0000

What’s all this on The Loadstar’s home page about IATA and forwarders?
The all-powerful airline association is forcing large numbers of small forwarders to stump up, or guarantee, 20% of their air cargo revenues before they can use CASS to pay airlines. And they are very cross about this.
CASS? Cross? What?
Yes cross, but not crass. CASS is IATA’s Cargo Accounts Settlements System.
Sounds like a lot – how much has IATA lost in ...

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Trade associations urge ‘uncontactable’ IATA to play fair over CASS

Alex Lennane — Thu, 18 Jul 2024 11:13:04 +0000

Industry associations have joined the attack on IATA’s “potentially ruinous” financial security requirements for companies wishing to become CASS associates.
Forwarders that have failed to get satisfactory responses from IATA have turned to TIACA and FIATA to help, as well as national competition authorities.
Glyn Hughes, secretary general of TIACA, said he was concerned that the IATA process was unfair, and could harm industry growth.
“CASS was first launched in the late 1970s ...

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IATA ‘taking a sledgehammer to problem that needs a little tack hammer’

Alex Lennane — Wed, 17 Jul 2024 11:03:07 +0000

The forwarding industry has questioned IATA’s decision to require ‘potentially ruinous’ financial securities for some companies wishing to use CASS, its settlement system, as exclusively revealed by The Loadstar yesterday.
New offices, new company names, or new locations – even for established forwarders – could result in the need to give IATA 20% of air cargo sales turnover in deposits, or expensive bank guarantees.
IATA did not respond to The Loadstar’s question ...

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EXCLUSIVE: ‘Unfair’ IATA CASS rules put ‘severe financial strain’ on forwarders

Alex Lennane — Tue, 16 Jul 2024 11:57:25 +0000

IATA is causing “severe financial strain” for start-up and SME forwarders that could propel them out of business.
The airline association has been accused of anti-competitive and unfair commercial practices, and could face legal action as forwarders look to complain to national competition authorities.
The problems stem from an October 2022 change in IATA’s resolutions that means CASS associates are now obliged to provide financial guarantees to be able to access the ...

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SAF ‘a unicorn’ industry that could produce strong returns for investors

Charlotte Goldstone — Tue, 14 May 2024 11:13:15 +0000

Sustainable aviation fuel (SAF) is a ‘unicorn industry’ that could provide some 30% rate of return for big investors, while also achieving overwhelming environmental benefits, a senior industry stakeholder told The Loadstar.
The aviation industry is at a pivotal point in achieving its net zero emissions target by 2050, and SAF production is estimated to account for about 65% of the mitigation needed to reach this.
The production of SAF, however, is ...

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