Global air cargo average spot rates rose by a further +4% in the first full week of December to a 2024 high of US$3.30 per kilo
With rate and surcharge increases looming from both FedEx and UPS, businesses that need bulkier products delivered are going to feel the sting
A “very strong Q4” for air cargo will likely turn into a record peak season, according to IATA economist Ghislaine Lang, but the growth will be hard to sustain next year.
A combination of strong heavy-lift and outsized cargo demand, tight air cargo capacity and surging air freight rates has led to a modal shift in shipments from air to multipurpose...
The International Air Transport Association (IATA) has launched an ‘Air Cargo Device Assessment Programme’ with the aim of validating air cargo tracking devices, data loggers...
The price of Brent crude oil has dropped by around 20% over the past 12 months. With global GDP stable at 3.2%, the lower oil price cannot be explained by a weakening global...
The focus of supply chain management is shifting: Due to political crises and extreme weather events, topics such as cyber security, resilience and transparency are moving...
Worldwide air cargo rates rose to a 2024 high in November of US$2.76 per kilo, despite a slight (-2%) drop in flown tonnages compared with October
Vietnam Report named top ten reputable logistics businesses in various categories: international logistics services for third and fourth parties, warehousing, and freight...
News #90 - 2024 is a ‘peak season to be proud of’ as air cargo industry continues to manage strong demand growth
Transportation capacity was up slightly in November, but pricing remained firmly in expansion territory, a Tuesday sentiment survey revealed.
Has the air cargo industry finally grown up? Xeneta’s Niall van de Wouw said today that the lack of a chaotic peak showed market maturity; while the self-styled “forwarder’s...
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