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…
Archive: Air Freight
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,…
US eCommerce demand continues to drive air cargo
Understanding the the size and impact of eCommerce demand on the air cargo market and its short-term outlook is challenging due to the lack of direct data, with the best…
Asia and freight market update; June 2024
The OECD, WTO and IMF are predicting that global trade growth could more than double in 2024, with falling inflation triggering lower interest rates, to stimulate domestic markets and consumer…
US Customs trigger eCommerce crackdown
US Customs and Border Protection (CBP) has confirmed that it is cracking down on ‘de minimis’ eCommerce shipments, to ensure they are compliant, with several high-profile freight forwarders and customs…
Vancouver dock workers, railways and Canadian Customs staff edge closer to strike action
We are monitoring a potential strike by the International Longshore and Warehouse Union (ILWU) that would impact Vancouver container terminals, as well as possible action by the Canada Border Services…
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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…
Smart supply chains and business growth
Effective supply chains are essential to support business operation and growth, and the supply chain’s…
Global freight update
Some areas of global trade continue to experience extreme congestion, while other areas are operating…