Business

Airfreight rates remain stable despite July global IT outage

The latest data from airfreight price reporting agency (PRA) TAC Index show that global air cargo rates only edged up…

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AAPA reports strong growth in Asia Pacific airfreight

Preliminary June 2024 traffic figures released by the Association of Asia Pacific Airlines (AAPA) show that there was strong demand…

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Changi keeps cargo volumes up with China and US demand

Singapore Changi Airport saw a healthy increase in second quarter air cargo volumes largely thanks to robust shipment flows with…

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E-commerce: Just what the air cargo market ordered

Tim van Leeuwen, part of Rotate Consulting, provides his team’s observations on the size and impact of e-commerce on the…

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Varying cargo performance at Belgian hubs in June

Liege and Brussels airports saw their cargo volumes travel in opposite directions in June as the former reported a double-digit…

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Airfreight rates remain firm in June

Airfreight rates on key trades out of Asia remained “firm” in June despite the market entering the quieter summer season….

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Forwarders and shippers brace for Q4 hike in air cargo rates

Airlines are looking ahead to air cargo’s fourth quarter peak season to decide how best to maximise returns from capacity…

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Top 25 air forwarders: K+N keeps the lead in a tough year for airfreight

Kuehne+Nagel (K+N) maintained its position as the world’s leading airfreight forwarder in 2023 ahead of DHL Global Forwarding despite overall…

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General air cargo demand takes off thanks to e-com and ocean disruption

General cargo has been growing at a faster rate than special products so far this year as a result of…

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Air cargo heading for double-digit growth in 2024

Booming e-commerce volumes are propelling the air cargo industry towards a double-digit percentage increase in demand this year, although a…

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