No summer siesta for airfreight
Traditionally, air cargo spot rates tend to decline or remain flat at best during H1, ...
It is slightly surprising, but air freight figures in January were higher than was generally anticipated. IATA said yesterday that worldwide cargo traffic had risen 2.7% year on year. Yes, Chinese new year, which was quite early, can distort the January numbers, but so did the west coast ports slowdown last year, an enjoyable boost for those in air freight. International cargo traffic rose 2.1%, giving, said IATA, a “reasonably solid start” to the year. Only Africa and Latin America saw markets shrink. But IATA also notes that yields and revenues are still under “tremendous pressure”. Tony Tyler, director general, called for further removal of barriers to trade.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Hong Kong drops out of world's top 10 busiest container ports
Ecommerce series: etail by air – here to stay or on a short shelf life?
How crazy is this: DSV goes hostile on Expeditors or CH Robinson?
HMM sees opportunities in Hapag-Lloyd’s exit from THE Alliance
Capture of MSC Aries will further drive up Indian export costs
Cargo flows through Dubai delayed by flooding, with 300 flights cancelled
Carriers look to short-term gains over blanking, as Red Sea crisis props up rates
Alex Lennane
email: [email protected]
mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
Comment on this article