Digitalization of the industry is more than just an IT project, and needs greater corporate buy-in from executives in corner offices on the top floor all the way down to workers on the ground, according to Webcargo.
News and analysis of air cargo shipping and transportation companies.
News & Analysis
31 Aug 2021
Air freight spot rates out of Shanghai shot up this week to the highest they've been this year as the capacity-slashing COVID-19 disruption across China’s major airports hit prices.
31 Aug 2021
Instead of chartering air freight capacity, Geodis has leased its own branded freighter that will be integrated into the forwarder’s global schedule.
24 Aug 2021
There is little clarity in Shanghai airport’s evolving COVID-19 lockdown situation, with forwarders in China asked not to deliver export cargo to the terminals and airlines suspending inbound shipments.
20 Aug 2021
Air freight rates on the trans-Pacific, although at elevated levels, have been reasonably stable through the summer months, but measures to curb the spread of COVID-19 in China are now pushing rates skyward.
19 Aug 2021
Shippers eager to move computer components, semiconductor chips, and auto production parts are eating up super-heavy air capacity even as demand for traditional OOG cargo improves.
13 Aug 2021
Measures by China to curb the spread of COVID-19 are leading to growing disruptions to air cargo at the country’s important export gateways.
10 Aug 2021
The acquisition of parcel consolidator Access Worldwide by startup cross-border shipping platform Passport is likely targeted at cost-conscious shippers needing to fulfill small package orders.
28 Jul 2021
Demand for air freight was flying high in the first half, supported by major economies rebounding from COVID-19 recessions and supply chain disruptions that show no signs of easing.
12 Jul 2021
Air cargo’s competitiveness over ocean has been boosted by the heavily disrupted container shipping market that has held ocean rates at extremely elevated levels for months.
29 Jun 2021
Air freight is increasingly being called in to replenish urgent retail stocks as sustained consumer demand in the US and Europe cleans out inventories.
16 Jun 2021
South China port delays are expected to last for months, pushing shippers into the air in greater numbers for an early peak season where they will be met by tight space and soaring rate levels.
10 Jun 2021
Lifting the travel ban between Europe and the US was a topic high on the agenda during Thursday’s meeting between the US president and UK prime minister, but spreading COVID-19 infections in Europe mean there is little chance of a rapid resumption of flights.
26 May 2021
The US air cargo import supply chain has been unable to handle a huge increase in demand this year, prompting forwarders to seek out alternative entry points to avoid the bottlenecks.
18 May 2021
Air cargo peak surcharges are increasing on the Asia-US trade as business-to-business (B2B) parcel shippers opt for quicker delivery times to replenish inventories.
14 May 2021
A reopening US economy continues to fuel demand for imports, driving up air cargo rates on trades out of Asia with little regard for what is traditionally the slow season.
04 May 2021
The strain of an overextended air cargo market is being felt across the supply chain, but with so much belly capacity out of service, there is little sign of the pressure easing any time soon.
20 Apr 2021
The digitalization of air freight is gathering pace with Turkish Airlines, the latest carrier to embrace real-time booking.
16 Apr 2021
The removal of quarantine rules for fully vaccinated Hong Kong-based air freight crew is a relief for airlines like Cathay Pacific, which estimates the operational constraints caused by the regulation has added more than $100 million to its monthly costs in Q1.
08 Apr 2021
Rising confidence in the US and European manufacturing sectors and continuing growth in e-commerce is generating strong and sustained demand for air cargo.
05 Apr 2021
Third-party logistics industry had a banner 2020, with double-digit revenue growth, according to SJ Consulting.
01 Apr 2021
Disruption to ocean markets from the almost week-long blockage of the Suez Canal has pushed up demand for air cargo out of Asia.
24 Mar 2021
Strong demand for e-commerce, high-tech products, automotive parts, and fashion on trades out of Asia continues to quickly fill all available capacity, propping up air cargo rates.
10 Mar 2021
Air cargo industry experts told the TPM21 conference the belly space that normally makes up more than half of all available freight capacity will likely remain sidelined as airlines continue to struggle with uncertain passenger demand.
05 Mar 2021
Shippers being forced out of container shipping by congestion and equipment shortages may find the air cargo markets too rich for their lower margin freight.
04 Mar 2021
Heavily disrupted container shipping markets are forcing ocean shippers into the air cargo markets, with space shortages on vessels, port congestion, and difficulties in sourcing equipment for Asian exports heaping additional pressure on limited air freight capacity.
03 Mar 2021
To secure capacity, truck shippers must offer freight that ‘fits’ a carrier’s network of lanes, vehicles, and drivers, speakers at a virtual TPM21 panel said.
03 Mar 2021
Apex Logistics International plans to continue to expand scheduled charters in 2021 after seeing a 200 percent increase in charter demand in 2020.
26 Feb 2021
With no material improvement in heavily constrained air cargo capacity expected anytime soon, forwarders have been aggressively expanding their access to space
23 Feb 2021
CMA CGM Air Cargo’s two Airbus freighters will take to the skies in March, adding capacity to a severely constrained trans-Atlantic market.
23 Feb 2021
The seasonal drop in demand is likely behind a steep fall in air freight rates out of China, but limited capacity will keep prices above pre-pandemic levels traditionally seen in the first half of the year.
22 Feb 2021
Kuehne + Nagel has made its biggest ever takeover deal in an agreement to acquire Chinese forwarder Apex and capitalize on explosive growth in the Asia Pacific e-commerce market.
16 Feb 2021
Backlogs in Chinese factory orders and sustained demand from the US and Europe is keeping air cargo capacity full and rates up during a period that is typically the slack season.
12 Feb 2021
CMA CGM has taken a giant step deeper into the air freight market, launching an air cargo division to provide global coverage out of Europe.
10 Feb 2021
Instant freight quoting is becoming a divided market, with one end focused on large shippers and the other on small and medium-sized businesses, according to Freightos’ annual State of Online Freight Sales survey.
03 Feb 2021
Shippers of air cargo will face capacity constraints for the rest of 2021, and global forwarders are having to grow their controlled networks to cater to the steady demand.
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