All Monthly Exclusive Articles – Page 13
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InsightsRates stable in July but elevated prices expected into 2022
Image: ShutterstockAirfreight prices on major east-west trade lanes remained stable in July — albeit at a high level — and expectations are that pricing will remain elevated this year.The latest figures from the Baltic Exchange Air Freight Index (BAI) show that in July average airfreight rates from Hong Kong to ...
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InsightsCargo must capitalise on current airline focus
Ashok Rajan. Source: IBS SoftwareAshok Rajan, senior vice president and head of cargo and logistics at IBS Software says air cargo must keep its seat at boardroom tables when passenger travel rebounds.What air cargo trends have you observed over the last 12 months and how is the market changing?The outlook ...
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Insights
Putzger perspective: Freighter options
Shippers are desperate for capacity to make sure their goods get to market. Disruptions and equipment shortages have resulted in billions of dollars in lost business.In the US a growing number of shippers are considering a return to proprietary truck fleets.DIY equipment and materials retail giant Home Depot has even ...
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InsightsIATA: Strongest half-year cargo demand since 2017 but capacity remains constrained
IATA has highlighted the need to re-establish passenger network connectivity to boost bellyhold capacity and ultimately airline revenues, as cargo demand remains strong.Speaking at a media update this week, Ezgi Gulbas (pictured below), senior economist at IATA, said overall cargo demand in the first half of this year was 8% ...
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Insights
Putzger Perspective: Parcel monster?
Over the past 15 months, e-commerce has been the chief engine of growth for air cargo, as well as other sectors, from warehousing to fulfillment technology start-ups, but is the industry nurturing a monster with dire consequences for many forwarders and airports?Two years ago there was a lot of skepticism ...
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InsightsLufthansa Cargo: Laying foundations for the future
Under new leadership of Dorothea von Boxberg, Lufthansa Cargo is future-proofing its business with sustainable solutions and an increased focus on digital.Dorothea von Boxberg became chief executive at Lufthansa Cargo in March and has been keeping busy ever since.During her first few months in the role, she has been focussing ...
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InsightsAir cargo energy logistics: Up and coming
Covid’s impact saw many energy projects suspended or postponed, but the market’s specialist logistics providers are already recharging their batteries for post-pandemic demand.The sudden and significant decline in bellyhold capacity due to Covid drove up the rates for freighter flights, mainly for general cargo but with some effect on heavylift ...
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Insights
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 appear to be expecting a busy peak season. The latest figures from the Baltic Exchange Air Freight Index (BAI) show that average prices from Hong Kong to North America in ...
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InsightsSwissport’s new CEO aims to join the dots
Warwick Brady (Source: Swissport)Running a global business presents a whole host of challenges but Swissport’s recently appointed chief executive and president Warwick Brady says that bringing its various regions even closer together is one of the company’s key priorities.Warwick Brady joined Swissport in April at a time of change for ...
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Insights
IATA: Air cargo remains the "good news story" for the air transport sector
IATA has reported in its latest market analysis that air cargo volumes in April this year continued to outpace pre-Covid (2019) levels.The association said this was largely due to the strong performance of carriers based in North America, the Middle East and Africa.Global air cargo demand in April 2021, measured ...