Ecommerce platforms cancel flights and slash capacity – market is 'a mess'
As anticipated, ecommerce platforms have begun cancelling flights and cutting back on capacity, while Chinese ...
Atlas Air and Cargolux told the Airline Economics conference in Dublin this week they expect the air cargo market to remain soft for at least the first half of the year.
Cargolux CFO Maxim Straus said price pressure would continue, with particular weakness in South America and Hong Kong. Atlas cited Trump, trade and tariffs as the central problem of 2019, but hoped the second half of 2020 would pick up. Air Cargo News reports from Flight Global.
Maersk eyes 'cut and run' moves as port congestion brings delays
Maersk skips call at Rotterdam as labour issues bring delay
Blanked voyages fail to halt sliding spot rates, and March GRIs will be resisted
U-turn on de minimis ban, following 'processing issues', as trade war heats up
Metals tariff rocks auto industry, and Trump smiles on bribes in foreign deals
CBP won't be ready for flood of extra processing after de minimis pause
Near-shoring drives Mexican warehouse space to historic lows
Ecommerce platforms cancel flights and slash capacity – market is 'a mess'
Comment on this article