Belgium-based Cargo B Airlines has ceased operations, effective immediately
The airline's board announced today that, due to the global recession, it had no choice but to take the difficult decision to stop operations
Cargo B was able to stay on target as far as the load factors were concerned, but as a result of the market situation, the yields were lower than required to make the operation viable
With no sign of any last-minute investor coming in to rescue the business, and with no improvement in the current economic climate foreseen in the near future, Cargo B's board was forced to shut the airline down just three months short of its second birthday
Warehouse operations and their efficiency are a key to any company that deals with freight, shipping and inventories. When efficiency lags behind however, orders are lost and things get out of control.
eft, a reputable business intelligence organization in the logistics sector, will hold its annual CSCO Forum and 3PL Summit in logistics hotspot Venlo-Venray in 2015.
With commoditization being a major topic for 3PLs, and the nature of the 3PL-customer relationship forming an integral part of their strategy, eft recently conducted some research into the area.