Asia market update; May
With the Shanghai lockdown finally lifting after two months, it is great to see our Hecny colleagues returning to the office and while the local situation is already much improved,…
Archive: Air Freight
Asia market update
Ahead of Asia's Lunar New Year holidays, the market for ocean and rail was particularly congested, with high demand and rates. With factories across China reopening this week, after the…
Freight market report
As supply chains continue to battle with insufficient capacity, surging rates and overwhelmed transport systems, we asked our colleagues in seven key markets to share their insights on operations, demand,…
Passenger cargo capacity very welcome
Prior to the pandemic, the belly-hold in passenger aircraft provided 50% of global air freight capacity and the return of air travel will ease congestion and rate pressure, as more…
Air freight rates still firm
Current air freight supply and demand dynamics will maintain elevated prices through the peak season and into 2022, with some predicting that systemic market changes will keep rates at an…
Constrained air cargo capacity likely till 2023
In the absence of passenger aircraft (PAX) belly-hold capacity, due to a large amount of the world’s airline fleet parked up and not operating, overall air cargo capacity will remain…
US air freight rates drop
In a constantly changing situation US/UK air freight rates currently down, as much as 40%, to and from some of the most popular US origins and destinations. With much of…
Integrator price rises to penalise shippers
FedEx and UPS have announced a series of price rises and new surcharges, combined with a lower weight threshold, that could leave shippers facing increases of 15-24%, with cost hikes…
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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…
Disruption and now surcharges at Felixstowe
With ongoing disruption continuing at Felixstowe, Maersk and OOCL have warned customers of delays, some…