Business

Rates on major trades down but still more than 50% above pre-Covid levels

Airfreight rates continued their downward spiral in January but are still above pre-Covid levels. The latest statistics from the Baltic…

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IATA: Mixed outlook as volumes decline again in December

Air cargo volumes declined for the tenth month in a row in December and there are mixed signals for the…

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Frankfurt the latest European airport to register a cargo decline in 2022

Frankfurt is the latest European airport to announce a decline in its cargo volumes last year. Europe’s busiest hub saw…

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IATA: Mixed signals for cargo as demand drops in November

There are mixed signals regarding air cargo’s outlook after November saw another double-digit percentage decline in demand. The latest IATA…

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Rates end 2022 on a flat note but ahead of pre-Covid levels

Airfreight rates on key trade lanes ended the year on a flat note, but remain above pre-Covid levels. The latest…

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CLIVE: Dig deeper for true air cargo market picture

The air cargo industry is holding its own given the economic pressures it faced last year and despite a consistent…

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Forwarders stick with short-term deals as air cargo volumes fall

Freight forwarders are continuing to opt for short-term airfreight deals as volumes and rates continue to decline. The latest statistics…

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IATA predicts 4% drop in air cargo volumes next year

Air cargo traffic is predicted to drop by a further 4% next year, while yields and revenues are also expected…

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IATA: Airlines to return to profit next year but cargo under pressure

Airline association IATA is expecting airlines to return to profit next year after three years of losses due to the…

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Air cargo suffers largest demand drop of 2022 in October

Air cargo demand suffered the largest percentage decline of the year so far in October but there is the hope…

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