Business

Airfreight rates remain elevated in January

Airfreight rates on key trades were ahead of last year in January even though prices were down from the December…

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Omicron set to restrict cargo capacity and keep rates high

The Omicron variant is set to keep air cargo capacity tight and as a result air cargo rates will remain…

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Transpacific airfreight rates reach new highs

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

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

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

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

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

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

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

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

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