Airlines for America reported yield in June for domestic cargo was $71.10 per revenue ton mile, down 9.9 percent year-over-year. Yield for international cargo was $34.40 per revenue ton mile, sliding 8.1 percent.

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The largest US logistics provider claims “compelling results” from cross-selling surface transportation and air and ocean services, despite weak market conditions.

US importers that renegotiated contract rates or shifted to the spot market in the second half of 2022 have also had to adjust to different accessorial charges and transmission formats. 

The expansion of origin-to-destination ocean connectivity with predictable transit time improvements is a boon for Indian exporters trying to find untapped markets for their products amid slowing demand.

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C.H. Robinson reaffirms commitment to global forwarding business

Rapid container rate decline complicates payment picture for shippers

MSC opens more direct port connections for Indian exporters as volumes taper