Cautious air cargo shippers delay tenders amid signs rates may have peaked
Air cargo shippers are increasingly delaying tender decisions and extending existing contracts, rather than locking ...
WTC: ANOTHER DIFFICULT WEEK CHRW: NEW PRODUCT LAUNCHDSV: LEADING THE DROP RXO: CRATERINGDSV: WHAT TO LIKEDSV: BULLISH BAMZN: 'AI EDGE'HD: HERE IS HOW IT LOOKSAMZN: REG RISKMAERSK: MOST HARMED
WTC: ANOTHER DIFFICULT WEEK CHRW: NEW PRODUCT LAUNCHDSV: LEADING THE DROP RXO: CRATERINGDSV: WHAT TO LIKEDSV: BULLISH BAMZN: 'AI EDGE'HD: HERE IS HOW IT LOOKSAMZN: REG RISKMAERSK: MOST HARMED
Cargo iQ, the air freight quality standards organisation, has released its figures for May. You may not be aware of this report, but it can be interesting to see who is involved, and how they are doing. It reports average journey time – which is in fact less than the six days commonly quoted. Among Cargo iQ members, the average airport-to-airport journey time is 44 hours, while door-to-door it is 132.5 hours, or five and a half days. It also shows that the level of booking quality and accuracy of electronic data is pretty low, at 44%, and shows which forwarders have done best, while also measuring airline’ on-time availability. Worth a quick look, if only to see how your competitors or partners might be faring.
For uninterrupted access, sign in or sign up to The Daily News, Premium or The Loadstar Enterprise Plan.
Comment on this article