As countries across Europe and North America begin to emerge from lockdowns that in some cases have been in place since early March, attention in the air cargo industry is shifting to the recovery phase.
More from Greg Knowler
Carriers appear to be in a better position to shrug off the demand declines of the second quarter and capitalize on recovering volume through the rest of the year.
A small number of sailings have been reinstated on the trans-Pacific and Asia-Med trades as economies take their first small steps toward reopening and carriers try to get the supply-demand balance...
Virtually all of DHL Global Forwarding’s ocean volume, and a third of its air freight, is now being handled through its new transport management platform.
The number of passenger planes flying in all-cargo roles has risen past 1,200 as carriers try to utilize their grounded fleets and generate revenue amid coronavirus-driven travel bans.
The spot market rates are well above year-over-year levels, despite an evaporation of demand that has hit carriers hardest this second quarter.
Stay-at-home orders and travel bans removed virtually all passenger traffic from cross-channel ferries, eliminating a crucial revenue source and threatening the transport of essential goods between...
Loss-making carriers HMM and Yang Ming are bracing for a difficult second quarter with steadily weakening demand keeping earnings under pressure.
Hapag-Lloyd said based on current bookings and loadings, it is heading for a double-digit volume decline in the second quarter, but expects a gradual recovery after that.
Significant changes in European road transport demand and product mix driven by the coronavirus led to a marginal drop in freight rates in the first quarter, but road pricing will face increasing...
CMA CGM has secured financial aid to improve liquidity and ease financial pressure as it prepares for declining volume and works on cutting debt levels of almost $18 billion that it carried into 2020.
More on JOC
May 28, 2020 2:00PM EDT
Jun 18, 2020 2:00PM EDT
Jun 25, 2020 2:00PM EDT