Global air cargo volumes rise 10% in January
Global air cargo volumes rose 10% year over year in January, likely spurred by shippers’ concerns over violence in the ...
Tag: Red Sea
Airfreight demand surges 10.8% in December
Air cargo demand rebounded in the fourth quarter of 2023 despite economic uncertainties, leaving 2023’s full-year demand slightly below those ...
Consultant’s Insight: UPS expects to benefit from Red Sea, Panama Canal issues
The macroenvironment continued to impact UPS’ international services, resulting in volume shifts from air to ground in the fourth quarter. ...
Airfreight rates continue to fall
Despite analysts predicting rising airfreight rates resulting from the crisis in the Red Sea, the numbers are not bearing that ...
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 ...
Red Sea crisis prompts shift from ocean to airfreight
Retailers are beginning to turn to air to move their cargo, pulling back from sea transport amid the ongoing attacks ...
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 ...
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