Forwarders predict fall in airfreight rates as ecommerce eyes sea freight
Forwarders are warning that although the airfreight market currently seems stable, conditions could change very ...
The row between ACE Belgium Freighters and Alaska Central Express (Ace Air Cargo) over its name is probably the least of the new Belgian operator’s problems.
It emerged this week that the fledgling carrier, which received its first 747-400F from sister airline CAL in April, has come under fire from the Alaskan carrier for potentially “unfair or deceptive practices or unfair methods of competition, due to the significant potential for, or actual, confusion between the two carriers among the shipping public”.
However, as ACE ...
Maersk Air Cargo sees volumes fall as it aims for 'margin in favour of revenue'
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Hapag-Lloyd won't take bookings if port congestion leaves cargo stranded
Ecommerce likely the front-runner in resurge of transpacific trade after deal
China-US trade tariff pause could drive a rebound for transpacific rates
Volume surge and an early peak season? 'Don't celebrate too soon,' warning
Airfreight players eye new routes as demand on the transpacific nosedives
Service chaos from trade ban with India a problem for Pakistan shippers
Airfreight rates ex-China 'loss-making', but hopes of a trade deal stay high
Indian coastal freight attracts major carriers, but regional tension disrupts
Serious threat to jobs in US logistics as tariffs cause economic 'stagflation'
Comment on this article
Jonathan Holmes
May 28, 2019 at 8:08 amAs the article alludes to, what freighter operators are in financial distress this year?
We know NCA lost $145 Billion for their fiscal 2018 (ending March 31st). But that is due to some extraordinary circumstances. Who are the big losers so far in 2019?
Alex Lennane
May 28, 2019 at 11:53 amThanks for your comment – can I just check that the figure above is yen?