Spot vs contract gap widens as air shippers get wise to capacity limits
Ecommerce shippers reserving freighter capacity have widened the gap between global contract and spot rates, ...
Express operators are boosting warehousing and air cargo capacity to handle South-east Asia’s booming e-commerce volumes, despite today’s Singles’ Day shopping festival appearing “muted”.
In recent years, Singles’ Day has become a major showcase for China, and now South-east Asia, with creator Alibaba holding extravagant events, complete with minute-by-minute sales stats. Last year, the day generated $74bn in gross merchandise value.
However, Alibaba reportedly held a “toned down” event this year, following Beijing’s increased regulatory scrutiny of the country’s tech giants, which ...
Trump tariffs see hundreds of cancelled container bookings a day from Asia
Macron calls for ‘suspension’ – CMA CGM's $20bn US investment in doubt
De minimis exemption on shipments from China to the US will end in May
Forwarders stay cool as US 'liberation day' tariffs threaten 'global trade war'
Mixed response in US to 'Liberation Day', while China leads wave of retaliation
Tariffs and de minimis set air freight rates on a volatile course
Overcapacity looms for ocean trades – with more blanked sailings inevitable
'To ship or not to ship', the question for US importers amid tariff uncertainty
Comment on this article