For forwarders, 'a hot Q4' will be all about controlling air cargo capacity
“Capacity is going to be king for the rest of 2024.” That’s the word from forwarders ...
Some 4,500 flights out of major Chinese airports have been cancelled this week, owing to Covid lockdowns and poor weather. Zhengzhou, Chinese home of Cargolux, has seen more than 1,400 flights cancelled since Tuesday because of flooding. And a typhoon hit Guangdong, cutting more than 1,600 flights at Guangzhou, Shenzhen and Zhuhai. Flight activity is picking up now, reports Argus, but flight numbers remain below normal levels.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
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During August 2023, please contact
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Alessandro Pasetti
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