Business

Rates stable in July but elevated prices expected into 2022

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

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

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Airfreight market set to get worse before it gets better for buyers

Buyers of airfreight capacity should expect the market to get worse before it gets better, according to Bruce Chan, vice…

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Air cargo rates cool in June for summer slowdown

Air cargo rates settled down in June as the industry entered a seasonal slowdown in demand, but airlines and forwarders…

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Air cargo rates set to stay elevated during summer lull

Airfreight rates cooled as the month of May progressed but this is unlikely to signify the start of a return…

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CLIVE: Air cargo bounces back in April

Air cargo volumes returned to pre-covid levels in April after a drop off in March while the overall market remains…

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Hong Kong-North America rates soar as capacity crunch tightens

Average airfreight rates on services from Hong Kong to North America last week breached the $9 per kg mark as…

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Air cargo demand up in February but regional trends differ

Air cargo demand continued to increase in February but regional performance varies greatly, according to the latest statistics from data…

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Top air forwarders expect continued capacity constraints for 2021

The heads of Deutsche Post (DP) DHL and Kuehne+Nagel (K+N) are both expecting airfreight capacity to remain constrained for the…

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Lufthansa Cargo expects a good 2021 and rates to ease in H2

The newly appointed chief executive of Lufthansa Cargo, Dorothea von Boxberg, is expecting another good year in 2021 but adds…

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