Airfreight patterns are comparable to pre-pandemic norms
Airfreight patterns continue to look more like pre-pandemic norms, with yields last month up slightly from February levels, according to...
Capacity & Demand
CLIVE: Long-term contracts show ‘hunt for volume’ by forwarders
Global air cargo capacity saw its largest increase for the past year in March. Capacity increased 16% year over...
Air cargo market softens at end of Q1
The air cargo market “unexpectedly softened” at the end of the first quarter, according to data publisher WorldACD. Worldwide air...
IATA: Air cargo demand shows signs of improvement in February
Air cargo demand rose above pre-pandemic levels in February as the consistent drop in demand slowed. Industry cargo tonne-kilometers (CTKs)...
Intra-Asia trade could surpass $13T by 2030
Intra-Asia trade could double in value by 2030 to $13.5 trillion, according to a new study from AlphaBeta, part of...
DP World announces $200M cargo hub in Dominican Republic
Dubai-based logistics company DP World and Grupo Puntacana are building a $200 million cargo hub in the Dominican Republic that...
Jet fuel prices down 4.8% from mid-February
Jet fuel prices ended last week at $2.43 per gallon, down 4.8% from Feb. 17. That price includes a 6.7%...
Air cargo may grow even as ocean rates drop
Logistics experts expect the air cargo market to improve this year, despite dropping ocean freight rates. San Francisco-based supply chain...
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