Forwarder Kuehne + Nagel is receiving new freighter capacity as global demand wanes and rate levels tumble through a non-existent peak season.
News and analysis of air cargo shipping and transportation companies.
News & Analysis
10 Dec 2020
Average spot rates were already rising ahead of the holiday season as new products from Apple, Samsung, and Sony competed for space with general air cargo and personal protective equipment.
09 Nov 2020
Small package optimization and analytics firm ShipMatrix is launching a third-party, non-asset package management service to tap US Postal Service capacity for e-commerce shippers.
04 Nov 2020
Forwarders are having to rebuild their air cargo logistics infrastructure to compensate for significant cuts in capacity as much of the passenger aircraft fleet will remain grounded through 2021.
30 Oct 2020
US shippers are opening contract talks early, extending existing agreements, and seeking short-term contracts to hedge against expected 2021 rate increases.
16 Oct 2020
Limited air cargo capacity is colliding with strengthening demand, as technology product launches compete for space with general cargo and medical equipment.
12 Oct 2020
This year’s peak season promises to be tumultuous, but 2021 could be just as difficult for shippers as 2020.
06 Oct 2020
The purchase of Value Logistics gives Forward a bigger intermodal presence in the South-Central distribution hub as freight volumes of all types rise, said CEO Tom Schmitt.
29 Sep 2020
Reliability will be more important than price for air cargo shippers during what is expected to be a strong peak season made more intense by severe long-haul capacity constraints.
28 Sep 2020
The scale of peak season demand for air cargo on the trades out of Asia is becoming clearer, and has forwarders scrambling to lock in capacity.
23 Sep 2020
Getting the COVID-19 vaccine out to the furthest reaches of the world is going to require an immense effort from the air cargo supply chain, says IATA’s outgoing head of cargo Glyn Hughes, but it will be under his successor’s watch.
16 Sep 2020
The acquisition of CLW Delivery gives expedited trucking operator Forward Air custom final-mile delivery services and new territory, as its LTL and final-mile businesses converge.
11 Sep 2020
UPS and Amazon are expanding capabilities at smaller airports in Kansas City and Tampa, respectively, to speed up last-mile deliveries.
08 Sep 2020
Intense preparations are underway among logistics and air transport providers to ensure a coronavirus vaccine can be distributed around the world as soon as it is available.
07 Sep 2020
Air cargo volume continues to narrow the gap with year over year levels, with rates rising at the end of August as both freight tonnage and capacity increased.
31 Aug 2020
As e-commerce booms on both sides of the US-Canadian border, Purolator International expands northbound next-day air service between the countries.
28 Aug 2020
Average air freight spot rates on the trans-Pacific and Asia-Europe trade lanes weakened this week, but forwarders and analysts are predicting that rising demand will drive rates back up in the fourth quarter.
13 Aug 2020
Rising outbreaks of the coronavirus are keeping travel restrictions in place, preventing airlines from reactivating their grounded international capacity and severely restricting available freight space.
11 Aug 2020
Severely limited air cargo capacity has forced airlines to scrap many block space deals held with forwarders at a time when spot rates on the major east-west trades are at high levels.
10 Aug 2020
FedEx Express has increased its temporary international COVID-19 surcharge, weighing the extra costs of air cargo capacity limits as businesses struggle to stay afloat.
05 Aug 2020
The three largest express providers reported improving signs in the sector in their most recent earnings reports, as COVID-hit volumes recovered gradually as the second quarter progressed.
28 Jul 2020
The air cargo industry is gradually moving to electronic bookings between forwarders and airlines, but the evolution could still take time if previous digitization initiatives in the industry are any indication.
28 Jul 2020
Airlines and forwarders say spiking coronavirus infections in the US and developing countries will likely keep air cargo capacity in tight supply and elevate rate levels for a long time.
27 Jul 2020
As freight volumes rise, expedited LTL operator Forward Air is expanding capacity by 30 percent at the heart of its airport-to-airport network in Columbus, Ohio.
24 Jul 2020
With global capacity unable to meet current demand, air cargo’s next challenge will be to find enough capacity to handle any massive rollout of a COVID-19 vaccine.
23 Jul 2020
More door-to-door, less-than-truckload freight will add revenue and freight density to Forward Air’s airport-to-airport lanes and create new final-mile opportunities, the company’s CEO says.
13 Jul 2020
By launching a door-to-door, less-than-truckload business in Savannah, Forward Air is adding more freight and building density in its airport-to-airport network.
03 Jul 2020
There were encouraging signs for air cargo in June, but uncertainty over demand patterns and available capacity is clouding the industry outlook through the summer.
23 Jun 2020
While the urgent demand for medical supplies is waning and air freight rates are coming off record highs in May, market fundamentals are likely to keep prices above last year’s levels.
18 Jun 2020
Softening demand for medical supplies as some countries build inventory and get on top of coronavirus infections has reduced the urgency of shipments and cut air cargo rates in half since mid-May.
11 Jun 2020
Freighters and converted passenger craft are taking longer to unload than belly freight and some ground handlers are understaffed after furloughs and layoffs in the early days of the COVID-19 pandemic.
09 Jun 2020
Air cargo prices have begun to decline from the mid-May highs, but with the withdrawn passenger belly freight unlikely to make a rapid comeback, rates will remain well above last year’s levels.
04 Jun 2020
Air freight carriers are reporting high load factors on trades between Europe and the US, as falling demand continues to outstrip the available capacity.
03 Jun 2020
While air freight demand for medical supplies is expected to fall starting in mid-June, it remains unclear how much of that volume will be replaced by rising consumer demand and whether there will be enough capacity to carry the cargo.
02 Jun 2020
The acquisition of ScanData gives Transplace broader supply chain reach as the COVID-19 pandemic accelerates e-commerce demand.
02 Jun 2020
The urgent need for medical equipment is beginning to slow as countries begin to emerge from COVID-19 lockdowns, with rates falling as airlines make more use of passenger planes for all-cargo flights.