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 ...
WorldACD has released its findings for air freight in week 40, ending 4 October. Yields crept up, in what is expected to be the start of a gradual rate climb over coming weeks. But chargeable weight declined, likely to be due to China’s Golden Week holiday which ended on Thursday. Capacity declined 1% globally, although Africa saw a 4% increase while Asia Pacific saw a 4% decline.
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
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
Hong Kong drops out of world's top 10 busiest container ports
'Slow season' and ocean network stabilisation easing pressure on rates
Bottlenecks and price hikes as airlines now avoid Iran airspace
Alex Lennane
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During August 2023, please contact
Alex Whiteman
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Alessandro Pasetti
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