Business

Airfreight Rates

Transpacific airfreight rates reach new highs

By Damian Brett

Airfreight rates on the transpacific trade lane have continued to surge since the start of November as peak season demand…

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Airfreight rates expected to continue to rise

By Damian Brett

Airfreight rates are expected to continue to rise from already elevated levels despite efforts to ease ocean freight supply chain…

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Cathay Pacific hikes transpac BSA prices as market surges

By Damian Brett

Cathay Pacific Cargo is hiking its block space agreement (BSA) prices on its transpacific and India services in response to…

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IATA adds ‘quote and book’ service to rate portal

By Damian Brett

Airline association IATA has added a ‘quote and book’ function to its rate portal, with IAG Cargo the first cargo…

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Early planning the cause of September rate rise

By Damian Brett

Airfreight rates on major east-west trade lanes in September rose at a faster rate than last year as companies sought…

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Tiaca tells air cargo to brace for ‘unprecedented challenges’ in Q4

By Damian Brett

Supply chain group Tiaca has warned that the air cargo sector faces “unprecedented challenges” in the fourth quarter. The air…

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Airfreight rates from Asia reach another high

By Damian Brett

Airfreight rates out of Asia continued to climb last week as the region catches up following Typhoon Chanthu and the…

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Hong Kong-US air cargo rates index reaches new high for the year

By Damian Brett

Air cargo prices on services from Hong Kong to North America surged to a new high for the year last…

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Rates stable in July but elevated prices expected into 2022

By Damian Brett

Airfreight prices on major east-west trade lanes remained stable in July — albeit at a high level — and expectations…

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Air cargo gains from rising prices in ocean shipping

By Damian Brett

High ocean freight rates caused by service disruption is helping push forwarders and shippers to use airfreight. In its latest…

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