Swiss 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
18 Nov 2022
Growing uncertainty over demand levels and falling rates is making longer-term traditional air freight block space agreements unattractive.
11 Nov 2022
Soaring online orders for electronics and mobility devices are flooding the US postal services with undeclared lithium-ion batteries, posing a growing threat to the transport supply chain.
09 Nov 2022
The global air cargo industry is flying into bracing headwinds, but airline CEOs remain largely positive that demand will return early next year.
04 Nov 2022
There is no sign of an air cargo peak season this year and few signals that 2023 will see any improvement as global economic conditions worsen.
19 Oct 2022
The world’s long-haul airlines are celebrating a steady return of passenger traffic, but as planes fill with travelers, weakening freight demand means carriers are struggling to fill the surplus cargo capacity below their feet.
18 Oct 2022
A proposal to significantly reduce annual flights at Amsterdam Airport Schiphol is rattling air cargo operators at the airport.
12 Oct 2022
Maersk's new air freight facility in Chicago is building on its fast-growing air cargo offering following the November 2021 acquisition of Senator International and purchase of new freighters for its Maersk Air Cargo division.
07 Oct 2022
Demand for air cargo declined through September, and analysts say there is nothing in their data to indicate a pickup in volume out of Asia through the balance of the year.
30 Sep 2022
Spot rates on some air cargo routes out of Asia have fallen below long-term contract levels, mirroring the development in ocean shipping.
26 Sep 2022
Cementing access to controlled air freight capacity is behind MSC’s move to join peers CMA CGM and Maersk in launching an air cargo division.
26 Aug 2022
Average air cargo rates on east-west trade lanes have declined significantly since April as demand slows in line with the traditional slack summer season.
13 Jul 2022
Peak season has begun for air travel between Europe and North America, but forwarders making use of belly cargo capacity on passenger planes do not expect the below-deck boon to last.
08 Jul 2022
An ongoing shortage of capacity on the main trade lanes out of Asia and growing signs of declining demand are clouding the air cargo outlook for the remainder of the year.
06 Jul 2022
Less-than-truckload (LTL) transportation is more than it used to be, and that’s leading to acquisition and expansion in a US trucking sector that is slowly becoming more international in its focus.
28 Jun 2022
The less-than-truckload industry is positioned to ride through a rocky soft patch in the economy and even a short recession with higher pricing, carrier executives at the SMC3 Connections conference said.
21 Jun 2022
The air freight industry is seeing a welcome increase in the urgently needed long-haul belly cargo capacity available to the market as international travel starts picking up.
16 Jun 2022
CMA CGM Air Cargo will use its parent company’s extensive ocean forwarder network to drive new business as the airline readies for a rapid global expansion under its Air France-KLM partnership.
08 Jun 2022
China’s rolling COVID-19 lockdowns and significant disruption linked to Russia’s invasion of Ukraine have left the global air freight market to face a difficult second half of the year.
02 Jun 2022
Air cargo capacity is flooding back into the trans-Atlantic market via below deck belly space as travel increases and airlines ramp up their summer schedules.
01 Jun 2022
Logistics software provider Freightos is being taken public on the Nasdaq, a move that will be closely scrutinized by the founders and investors of growth-stage technology providers in the logistics industry.
31 May 2022
A drop in air freight volumes on the Hong Kong-Europe trade lane is being caused by a lack of available capacity rather than constraints in demand, something an expanded carrier partnership hopes to address.
27 May 2022
Freightos is targeting the payment space for air forwarders by tying an integrated payment tool between forwarders and cargo airlines to its WebCargo booking and rating software.
27 May 2022
If the offer by MSC and Lufthansa for ITA is successful, it will provide the ocean carrier with access to significant air freight capacity.
18 May 2022
In just 18 months, CMA CGM has gone from providing air cargo as part of its CEVA Logistics suite of services to becoming a major player in the global air freight market.
10 May 2022
Forward Air is acquiring a Seattle-based drayage company as part of its strategy to direct more transloaded international container freight to its expedited LTL network.
09 May 2022
Shippers converting ocean consignments into air freight to avoid port bottlenecks along the US East Coast are filling all available air cargo capacity on the trans-Atlantic trade lane.
05 May 2022
Winding down operations in Russia, Belarus, and Ukraine has come with a hefty price tag, but transport providers are mostly playing down the impact.
20 Apr 2022
New research from Freightos finds ocean carriers improved their electronic tools over the past three years and want to move rate and booking activity through their own online channels.
11 Apr 2022
Shippers of time-sensitive goods on the North Europe-North America trade are increasingly being forced into the air as rising congestion on the US East Coast extends vessel delays.
31 Mar 2022
Bonded trucking services in and out of Shanghai’s Pudong have been suspended and most flights have been canceled, bringing operations at China’s busiest cargo airport to a standstill.
21 Mar 2022
Aircon, a technology provider aiming to bring a software-based co-loader approach to the air freight industry, has been backed by early-stage investors to drive planned aggregation of air cargo.
15 Mar 2022
The ever-widening effects of Russia’s war on Ukraine and China’s COVID-19 lockdowns are placing mounting pressure on an already stressed air cargo sector.
23 Feb 2022
Higher rates and accessorial charges helped the largest US less-than-truckload carriers add revenue at an unprecedented pace last year, with the five fastest-growing companies increasing their top line between 30 and 40 percent.
22 Feb 2022
Growing demand for e-commerce is behind forwarder moves to lock in controlled air freight capacity on Asia-US routes, with a particular focus on Vietnam.
17 Feb 2022
Sustained demand on the trans-Pacific and limited capacity is pushing forwarders such as Kuehne + Nagel to lock in long-term air cargo charter commitments.
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