Qatar Airways aims to reach the top five cargo carriers
Qatar Airways is aiming to secure a place amongst the top-five global cargo carriers in the next five years, according to an announcement by CEO Akbar Al Baker.
In a speech to the World Cargo Symposium 2013, which was sponsored by Qatar Airways Cargo (QR) Al Baker announced that the carrier could even reach the second or third place in the global rankings for general cargo.
The airline, which will be operating 11 freighters by the end of this year, will be delivered three more A330s freighters by the end of 2013. Al Baker said the new model offered 40 percent more capacity than the A300s, which will now be phased out.
According to reports by Air Cargo World, Al Baker told the conference that Qatar Airways has applied for an AOC to operate an airline in Saudi Arabia, initially for domestic services by with plans for international expansion.
Cargo accounts for 28 percent of Qatar Airways’ revenue, compared with an industry average of 12 percent. In terms of its bellyhold capacity alone, Al Baker claims the carrier could out-perform many combination operators.
The strongest freight lane currently is Hong Kong-Doha, served with six freighters per week. Chief cargo officer Ulrich Ogiermann would not reveal which new routes the carrier was targeting as its main-deck fleet expanded, saying only that the market remained volatile and the landscape was “always changing.”
Source: Air Cargo World
Elon Musk's Boring Co. planning wider tunnels for freight
Elon Musk’s drilling outfit The Boring Company could be shifting its focus towards subterranean freight and logistics solutions, according to reports.
A Boring Co. pitch deck seen and shared by Bloomberg depicts plans to construct wider tunnels designed to accommodate shipping containers.
Founded by Tesla CEO Musk in 2016, the company initially stated its mission was to offer safer, faster point-to-point transport for people, particularly in cities plagued by traffic congestion. It also planned longer tunnels to ferry passengers between popular destinations across the US.
The Boring Co. completed its first commercial project earlier this year in April. The 1.7m tunnel system is designed to move professionals between convention centres in Las Vegas using Tesla EVs. It says the Las Vegas Convention Centre Loop can cut travel time between venues from 45 minutes to just two.
Boring Co.'s new freight tunnels
The Boring Co.'s new tunnel designs would allow freight to be transported on purpose built platforms, labelled as “battery-powered freight carriers”. The document shows that, though the containers could technically fit within its current 12-foot tunnels, wider tunnels would be more efficient. Designs for a new tunnel, 21 feet in diameter, show that they can comfortably accommodate two containers side-by-side, with a one-foot gap between them.
The Boring Co.’s new drilling machine, dubbed Prufrock, can tunnel at a rate of one mile per week, which is six times faster than its previous machine, and is designed to ‘porpoise’ - mimicking the marine animal by ‘diving’ below ground and reemerging once the tunnel is complete.
Tesla’s supply chain woes
Tesla is facing its own supply chain and logistic issues. The EV manufacturer has raised the price of its vehicles, with CEO Musk confirming the incremental hike was a result of “major supply chain pressure”. Musk replied to a disgruntled Twitter user, confused as to why prices were rising while features were being removed from the cars, saying the “raw materials especially” were a big issue.
Car manufacturing continues to be one of the industries hit hardest by a global shortage in semiconductor chips. While China’s chip manufacturing levels hit an all-time high in May, and the US is proposing a 25% tax credit for chip manufacturers, demand still outstrips supply. Automakers including Volkswagen and Audi have again said they expect reduced vehicle output in the next quarter due to a lack of semiconductors, with more factory downtime likely.
Top Image credit: The Boring Company / @boringcompany