Air cargo forwarders stick to spot rates – a long-term contract would be 'foolish'
Air cargo forwarders are sticking to using spot market rates, because “anything can come out ...
It may not seem like it to some, but international air freight traffic rose by 3.2% in the year to July, over the same period last year.
IATA has released its cargo chartbook for the third quarter – and although it warns of “concerns”, there are also some (light) notes of optimism. However, overall, 2015 is unlikely to be a stellar year for the industry.
Many of the challenges could be short-term. Revealing that July volumes were down 0.6% on a year ...
European port congestion now at five-to-six days, and getting worse
Ocean rates rise after tariff pause acts as 'starting gun' for more front-loading
Carriers react quickly to transpac demand surge, but rates remain muted
ONE opts for South Korean newbuilds to avoid hefty US port fees
Crew saved as MSC box ship, hit by 'monsoon' off Indian coast, sinks
New services and reinstated blanked sailings boost transpacific capacity
Legal challenges for tariffs and de minimis, as EU eyes new ecommerce rules
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