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The recovery in the global air cargo gathered pace in October with traffic growing 5.4 percent from a year ago to hit a new monthly high, the International Air Transport Association said. The increased volume, driven by strong demand in Asia-Pacific and the Middle East, outpaced capacity growth of 4.4 percent, pushing the load factor on international routes to 50.4 percent. Demand in October was 0.7 percent higher than in September, the industry body said. IATA attributed October’s growth to the improvements in world trade and business activity, which have been evident since the summer. There were significant differences in...

The recovery in the global air cargo gathered pace in October with traffic growing 5.4 percent from a year ago to hit a new monthly high, the International Air Transport Association said.

Air Cargo

Global air cargo rebound accelerates

New ZIM service takes advantage of Savannah’s expanding cold storage network

US LTL shippers still juggling carriers, freight in wake of Yellow’s demise

Maersk, Hapag-Lloyd put shippers on notice ahead of European ETS surcharges 

Pandemic, shipping reform boost caseload for harried FMC

Estes wins battle to control sale of Yellow terminals amid tightening LTL capacity 

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Savannah attracted the new service due to its growing third-party logistics network and proximity to East Coast and Midwest markets, allowing for quicker and fresher imports. 

Less-than-truckload freight once hauled by Yellow is being redistributed among other carriers in waves as shippers shop for the best fit in price, capacity, technology and service.

The phased implementation of Europe’s emissions trading system on the shipping industry beginning next year will generate significant costs for carriers that will be passed on to customers in the form of new charges.

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In-depth air cargo news covers the movement of air cargo, including air cargo shipping, air cargo carriers, air freight forwarders, air freight, air shipments, cargo airports and cargo news. The Journal of Commerce’s air cargo news also tracks air cargo trends, air freight news, shifting of cargo between air and ocean, airports and airfreight delays and congestion.

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New ZIM service takes advantage of Savannah’s expanding cold storage network

US LTL shippers still juggling carriers, freight in wake of Yellow’s demise

Maersk, Hapag-Lloyd put shippers on notice ahead of European ETS surcharges