Asia and freight market update; November 2024
Sea freight spot rates are declining in many trade-lanes, air freight rates remain robust due to capacity shifts and steady demand, with road freight rates in Europe and the US…
Archive: Air Freight
Capacity crunch set to shape air cargo market for years
Air freight markets face prolonged constraints as rising demand, limited aircraft availability, and evolving regulations tighten capacity. Although this year’s peak season has been quieter than expected, the steady climb…
Asia and freight market update; October 2024
Ocean, air, and road freight sectors are responding to unique regional and operational pressures, as well as ongoing capacity and rate adjustments. OCEAN The ocean freight market is cautiously optimistic,…
Air freight capacity increases ahead of peak holiday season
As the holiday season approaches and demand increases are anticipated, carriers are shifting cargo capacity to more lucrative routes, particularly between the Asia Pacific and North America. According to forecasts,…
Air freight market poised for further growth
The air cargo market saw slower growth in September, but is expected to rebound strongly in October, driven by rising eCommerce demand and modal-shifts. Although global air cargo demand growth…
Escalating threats prompt US and Canadian air cargo security actions
Amid rising concerns about security threats in European logistics networks, the US and Canadian governments have introduced new air cargo security protocols aimed at mitigating risks posed by incendiary devices…
Air freight demand remains high: Plan ahead for peak season
Air cargo demand surged again in July, and shippers should plan and book space early to avoid disruptions during the upcoming peak season. According to IATA’s lates figures, global air…
Asia and freight market update; August 2024
Container shipping lines are experiencing full bookings on numerous trade routes until August and with strong demand from Asia expected to continue well into the third quarter It is highly…
US focus
The spot rate spread from Asia to the US West and East coasts has reached its widest point in nearly two years, driven by capacity increases to the West Coast…
Global supply chains disrupted by Microsoft IT outage
The IT outage caused by a flaw in CrowdStrike’s cybersecurity software two-weeks ago led to significant disruptions across global supply chains. This incident, impacting 8.5 million computers running Microsoft Windows,…
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Asia and freight market update; April 2024
Iran’s seizure of the 15,000 teu MSC Aries in international waters off the Gulf of…
Asia and freight market update; June 2024
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Smart supply chains and business growth
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