Pactl July handle reveals increased lane imbalance

Exports out of China remained robust in July, but airfreight imports remain significantly lower compared to 2019, according to data from Shanghai Pudong International Airport Cargo Terminal Co. Ltd. (Pactl), the largest handler at Shanghai Pudong (PVG). Import volumes have always lagged behind export volumes, but this year, imbalance continues to diverge. Pactl reported international […]

Rates under pressure as NCA freighter audit continues and trade war looms

Nippon Cargo Airlines’ (NCA) fleet of eleven 747Fs has now been grounded for more than a week as government authorities continue to audit the carrier’s maintenance records. This sudden loss of capacity ex-Asia, combined with a number of shippers rushing to fortify inventories of Chinese goods ahead of new duties scheduled to be imposed as […]
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