Industry News

AIR FREIGHT UPDATES Air freight market 'going nuts', with volumes and rates climbing theloadstar.com The air freight market is “going nuts”, with “monstrous rates”, with lanes into the US particularly affected. Volumes out of China have been increasing “week by week”, said one Shanghai forwarder. “The US market...

AIR FREIGHT UPDATES The Fall Of The Airbus A300 simpleflying.com As a boy, I used to watch the Airbus A300s cruise in over the suburbs to land in Sydney. When I was older, I got to fly in them occasionally. Although lacking the technological specs and creature comforts of contemporary planes, flying on an A300 was always a big deal. Read...

AIR FREIGHT UPDATES Hong Kong-North America rates soar as capacity crunch tightens aircargonews.net Average airfreight rates on services from Hong Kong to North America last week breached the $9 per kg mark as stricter quarantine rules and strong demand hit the market. The latest figures from the Baltic Exchange Air Freight Index (BAI)...

OCEAN FREIGHT UPDATES North America responsible for the world’s container shortages splash247.com New analysis from Danish consultancy Sea-Intelligence shows just how much North America is to blame for the severe equipment imbalances challenging the global container shipping industry. The continent’s comparatively slow...

AIR FREIGHT UPDATES Drones back on the agenda for air cargo aircargonews.net Before the pandemic hit the world of air cargo, there were five or six industry developments that were constantly hitting the headlines; digitalisation, drones, e-commerce, sustainability and Brexit were key amongst them. And as an early sign that we are perhaps...