Air cargo still weak, but with some 'bright spots for airlines to focus on'
The air cargo market continues to look weak – but economists, forwarders and airlines are ...
More stats out on air freight today. IATA has released data for May, showing a 4.7% increase in volumes over a year ago. It also notes improvement in the global economy, and increased business activity as good indicators for the future. However, load factors remained below 50%. Tony Tyler, IATA chief, called on airlines to innovate and find a united approach. “The sector still faces an uphill battle to restore competitiveness and increase its share of trade growth. This will not be achieved with a business-as-usual mindset. The competitors to air cargo are innovating aggressively,” he said.
Worker no-shows force US west coast port terminal shutdowns
Major ocean carriers set course for more-profitable routes
Hapag-Lloyd CEO bullish on prospects for a peak season
New call for White House intervention as USWC port disruption continues
'AI revolution' set to drive into Felixstowe with robot truck fleet
Strike vote at Pacific ports in Canada sparks fresh worries for BCOs
TSA urges US forwarders and shippers to prepare for new security rules
Transpac rates head north as carriers face Panama Canal restrictions
Comment on this article