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
Did you know contract logistics accounts for more than one third of the European logistics market by value? Which are the top five countries? How many people are employed in EU logistics? It’s all here…
Hear from Kelli Saunders, Morai Logistics CEO as she discusses her path into logistics, her thoughts on bringing more women into the industry, and how she sees her role in addressing inequality in logistics as a female CEO.
The big technology shift sweeping the global connection of healthcare is the supply chain becoming part of the Internet of Things. Pieces of the supply chain are already connected so packages can be tracked and monitored but in the future, more tiny embedded sensors will enable more pervasive tagging and an unprecedented degree of real-time tracking and tracing.