Middle East airfreight capacity plummets as carriers suspend services
Airfreight capacity in the Middle East has plummeted since the outbreak of hostilities between Israel ...
The numbers currently being bandied about are big ones: some $25,000 for an hour’s 747 charter; rates of $20 per kg offered to airlines for China-US.
Even volumes going the other way are on the rise. Chicago to South-east Asia has increased 20% in a week, ...
DHL Express facilities in Canada forced to shut down by strike
New Middle East conflict brings airspace closures, flight chaos and oil price worry
BYD launches logistics subsidiary – and eyes ports and shipping sectors
Shippers wanting a return to Suez should be careful what they wish for
China pushes Cosco participation in consortium eyeing Hutchison buy
Congestion at Chittagong as boxes pile up on docks and ships wait at anchor
News in Brief Podcast | Week 24 | Ship fires, geopolitics and DSV drama
Comment on this article
Pichuiyer Balasubramanian
October 01, 2021 at 4:07 pmYou are extremely optimistic, I feel. Human beings are aware of only greed – not reasonable profits. Cannibalism in the short run – least bothered about long run and sustainability – and hide under the term ‘market dynamics’. And of course, many of our colleagues never forget to use the choicest respectable words such as ‘co-operation, partnership, win-win situation, collaboration’ when giving interviews or writing articles in the industry magazines…. but keep doing the opposite in reality. Long live air cargo industry.
Alex Lennane
October 01, 2021 at 4:11 pmBala! That made me smile – and feel depressed! But yes, I am optimistic, and I hope they profit AND serve their customers well. Both really should be possible.