Airfreight rates declined again in June as the quieter summer period resulted in a demand slowdown (see dashboard at end…
Business
Virgin Atlantic Cargo is “highly unlikely” to operate freighters again in current market
12 / 06 / 2023
Virgin Atlantic Cargo (VAC) is “highly unlikely” to operate freighters now the air cargo market is in decline following its…
Freight forwarders continue the hunt for market share
07 / 06 / 2023
Freight forwarders are on the lookout to expand their customer base as market volumes dwindle. Niall van de Wouw, Xeneta’s…
Rates down again in May as outlook weakens
05 / 06 / 2023
Airfreight rates on major east-west trade lanes were down again last month (see dashboard at end of article) as commentators…
Reduced demand and returning belly capacity result in “double whammy” for airfreight rates
05 / 06 / 2023
Soft demand and continued returning belly capacity combined to hit airfreight rates again in May, and pressure on rates is…
New air cargo spot rate assessments go on trial
09 / 05 / 2023
TAC Index, which offers “live actionable market intelligence to the airfreight industry, is – in collaboration with the Baltic Exchange…
Summer capacity boom hits airfreight rates
09 / 05 / 2023
With the start of Northern Hemisphere airline summer schedules at the start of April, the addition of additional services has…
CLIVE: Forwarders seek longer term contracts to secure volumes
05 / 04 / 2023
Growth in longer term contracts between shippers and freight forwarders may reflect moves by the latter to secure air cargo…
Airfreight rates climb on the transpacific in March
29 / 03 / 2023
Transpacific airfreight rates picked up in March, although there were further declines from Hong Kong to Europe and across the…
Putzger perspective: Air cargo navigates stormy skies
06 / 03 / 2023
Recent months have been relentlessly tough to navigate for air cargo carriers, as imploding demand has yanked rates and yields…
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