June cargo traffic data shows growth in every region but Africa
Global air cargo traffic increased 8.5% year over year in June despite uncertain conditions in the Middle East caused by ...
Tag: ocean freight
Threatened port strike could benefit air cargo
The port employers and dockworkers on the U.S. East and Gulf coasts appear deadlocked as they attempt to negotiate a ...
Consultant’s Insight: UPS may bring planes out of storage
UPS is considering bringing back some of its “browntails” from storage and placing them in the Asia region as demand ...
Flexport under scrutiny amid invoice billing allegations
Air and ocean cargo digital forwarder Flexport is under fire for the second time this month for allegedly collecting or ...
Maersk logistics revenue drops 8.2%
Denmark-based shipping giant Maersk today reported fourth-quarter revenue of $11.7 billion, a 34% year-over-year decline. Its logistics and other services ...
Red Sea crisis expected to impact airfreight
As ocean freight rates continue to surge — above 235% in some trade lanes — since mid-December when the Red ...
Consultant’s Insight: Potential airfreight gains from Panama, Suez canal disruptions
As drought conditions continue to affect the Panama Canal and more than 120 container ships reroute from the Red Sea ...
Classic seasonality to return to airfreight in 2024
The airfreight market will return to “classic seasonality” in 2024, following a year of low rates and demand, according to ...
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