Global air freight spot rates were up 38% year over year in June, but the pace of growth is slowing, Xeneta reported.
Looking back on air freight and logistics stocks’ Q1 earnings, we examine this quarter’s best and worst performers, including United Parcel Service (NYSE:UPS) and its peers.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The use of air freight soared during the coronavirus pandemic, as shippers leapfrogged over bottlenecks ...
Alfor Aviation, which was set up in Bournemouth in 2023, is set to unveil what it sees as the future of air freight at the ...
A cargo plane is seen arriving at Maastricht Aachen Airport amid the coronavirus outbreak. (Photo by Frank Kerbusch/BSR Agency/Getty Images) As a result of this surge in demand for air freight, pilots ...
Freight forwarders should take the opportunity to review their contractual arrangements and insurance protection following ...
A sharp rise in demand for air freight tracked by supply chain intel firm Xeneta demonstrates the rising anxiety among companies and shippers about the Red Sea crisis, air cargo volumes on the major ...
Spot rate growth slowed to 38% as Middle East capacity returned and fuel prices eased, while buyers increasingly favoured short-term contracts.
The rise of online retailing giants such as Amazon, combined with consumer habits formed during the pandemic, fed global demand and cemented expectations that goods be sent quickly–with next-day ...
Airports across the United States are devoting more space to freight shipments as online shopping surges in the pandemic. By Keith Schneider HEBRON, Ky. — Since the pandemic started nearly a year ago, ...
Far East to U.S. ocean freight rates are up between 36%-41% month over month, while air freight prices have jumped 9% this year. DHL says ocean freight rate inflation might not ease up before Chinese ...