Flexport

Flexport to cut back “overstaffed” workforce by 20%

By Rebecca Jeffrey

Flexport has announced it is trimming the number of staff it employees by around 20% in response to expected reduced…

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No signs of Chinese New Year rise in air cargo demand

By Damian Brett

Any hopes of a surge in air cargo demand ahead of the Chinese New Year/Lunar New Year holiday appear to…

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Flexport adds another ex-Amazon exec to management team

By Rebecca Jeffrey

Flexport has appointed former Microsoft and Amazon executive Teresa Carlson as president and chief commercial officer. She will oversee Flexport’s sales,…

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China’s air cargo supply chain faces more pressure

By Rebecca Jeffrey

Freight forwarders are reporting a mixed picture of the current supply chain situation in China as Covid lockdowns continue following…

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China faces slow airfreight demand as Covid containment continues

By Rebecca Jeffrey

As China enforces continued Covid containment measures air cargo demand is “slow” in the north of the country according to…

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Soft market conditions continue in air cargo

By Damian Brett

Soft market conditions continue in air cargo as trade worries, high inflation and new Covid lockdowns impact demand. This week’s…

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Transpacific airfreight pricing dips below 2021 levels in August

By Damian Brett

Average airfreight rates on major air cargo routes to North America slipped below last year’s levels in August as demand…

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Air cargo market remains flat ahead of upcoming peak season

By Damian Brett

The air cargo market remains flat as the industry heads towards the traditional peak season. Data provider TAC Index said…

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Hong Kong faces more cross-border trucking restrictions

By Damian Brett

Supply chains operating through Hong Kong are once again facing restrictions on cross-border truck operations due to Covid-restrictions. Freight forwarder…

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Rates predicted to stay high despite a muted air cargo peak season

By Damian Brett

Transportation rates are expected to stay above pre-pandemic levels for the foreseeable future despite the recent slowdown in demand. Seko…

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