TACT Manual Standardizes Global Air Cargo Operations Amid Trade Growth

TACT Manual Standardizes Global Air Cargo Operations Amid Trade Growth

The TACT (The Air Cargo Tariff) is an air freight rate manual published by the International Air Transport Association. It addresses inconsistencies in airline rate manuals that emerged in the 1970s. TACT consists of three parts: TACT Rules, North American rates, and global rates. It covers carrier rules, charges, rates, and special provisions, providing standardized references for international freight, thereby enhancing industry efficiency.

Long Beach Airport Balances History and Growth in Southern California

Long Beach Airport Balances History and Growth in Southern California

Long Beach Airport, located in Long Beach, California, is a major commercial airport offering domestic flight services. Covering 1,166 acres, it features five runways and a streamlined passenger terminal. The airport supports multiple airlines and accommodates diverse aviation activities, including private flights and law enforcement operations. As a key hub for JetBlue Airways, it provides a wide range of travel options for both residents and visitors.

07/29/2025 Logistics
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Fort Lauderdale Airport Boasts Growth as Key Florida Travel Hub

Fort Lauderdale Airport Boasts Growth as Key Florida Travel Hub

Fort Lauderdale-Hollywood International Airport is an important air hub in Florida, offering both domestic and international flight services. Covering 1,380 acres, the airport has four terminals and three runways, serving over 20 airlines. As a major hub for Spirit Airlines, it ranks among the top airports in the United States in terms of flight and passenger volume.

07/29/2025 Logistics
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WCO JICA Boost East Africa Customs Valuation for Trade Growth

WCO JICA Boost East Africa Customs Valuation for Trade Growth

The World Customs Organization (WCO) and Japan International Cooperation Agency (JICA) joint project held an advanced Customs Valuation trainer workshop in East Africa. The aim was to cultivate experienced trainers, develop practical training materials, and enhance customs valuation capabilities in East Africa, thereby promoting trade facilitation. Through case studies, expert guidance, and skills sharing, the workshop improved the professional level of customs officials and customs brokers, contributing to regional economic development. The initiative underscores the importance of skilled personnel in ensuring fair and efficient trade practices.

IATA Names Sheldon Hee Asiapacific VP to Boost Regional Growth

IATA Names Sheldon Hee Asiapacific VP to Boost Regional Growth

The International Air Transport Association (IATA) has appointed Sheldon Hee as Regional Vice President for Asia-Pacific, effective June 1, 2025. The Asia-Pacific region is a key growth engine for the global aviation industry, projected to have the fastest passenger demand growth over the next 20 years. Sheldon Hee brings over 25 years of aviation experience, including executive roles at Singapore Airlines. IATA will focus on safety, efficiency, and sustainability, collaborating with stakeholders to promote the development of the Asia-Pacific aviation industry.

05/30/2025 Airlines
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Chinas Free Trade Zones Outpace National Growth in Q1 2025

Chinas Free Trade Zones Outpace National Growth in Q1 2025

In Q1 2025, China's Free Trade Zones (FTZs) saw a 2.2% increase in import and export volume, surpassing the national average. The Ministry of Commerce plans to deepen reforms, benchmark against international high standards, explore institutional opening-up, support industrial innovation, and optimize regional layout. These efforts aim to further enhance the role of FTZs in China's overall opening-up strategy and contribute to higher-quality economic development.

05/19/2025 Logistics
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Global Air Transport Sector Sees Growth Amid Key Metrics Shift

Global Air Transport Sector Sees Growth Amid Key Metrics Shift

This article interprets key aviation industry metrics such as RPK, ASK, PLF, and CTK to help the industry understand market changes and seize opportunities. The IATA report is a crucial resource. Understanding these indicators allows for better analysis of passenger and cargo demand, capacity utilization, and overall industry performance. The analysis provides valuable insights for stakeholders to make informed decisions and navigate the dynamic aviation landscape, ultimately contributing to improved efficiency and profitability within the sector.

Digital Advertisers Focus on CPM and RPM for Revenue Growth

Digital Advertisers Focus on CPM and RPM for Revenue Growth

This article delves into CPM (Cost Per Mille) and RPM (Revenue Per Mille), two crucial metrics in online advertising. It elucidates the differences between them, their calculation methods, and their value to publishers. The article emphasizes that publishers should pay attention to both CPM and RPM to maximize advertising revenue and enhance user experience. Understanding and optimizing these metrics are vital for achieving sustainable growth and profitability in the digital advertising landscape. Focusing on both metrics allows for a holistic view of ad performance and revenue generation.

Mercado Libre Posts Strong Q3 Growth Amid Latin America Boom

Mercado Libre Posts Strong Q3 Growth Amid Latin America Boom

Mercado Libre's Q3 financial report is impressive, with revenue, GMV, and buyer numbers exceeding expectations. The three major markets experienced steady growth. Prioritizing user experience and maintaining an efficient logistics network, the company will focus on the peak Q4 shopping season and continue to innovate. This presents a golden opportunity for Chinese sellers to tap into the Latin American market.