News #57 - Dubai cargo disrupted after flash floods
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2d ago
Cargo operations in Dubai continue to face disruption following flash flooding that temporarily closed Dubai International (DXB) airport ..read more
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News #57 - For forwarders, 'a hot Q4' will be all about controlling air cargo capacity
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2d ago
“Capacity is going to be king for the rest of 2024.” That’s the word from forwarders negotiating with airlines at the CNS Partnership event in Dallas this week ..read more
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News #57 - Air freight rates decline marginally, six-week rally ends: TAC Index
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2d ago
Global air freight rates dipped slightly last week, according to the latest data from TAC Index. The overall Baltic Air Freight Index calculated by TAC was lower by -0.8 percent ..read more
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News #57 - Bottlenecks and price hikes as airlines now avoid Iran airspace
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2d ago
Asia-to-Europe airfreight could face extreme bottlenecks and price hikes due to the rising tension in the Middle East, and sea-air transhipments from Dubai will also be affected ..read more
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News #57 - Apple to expand further investment in its Vietnam supply chain
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2d ago
US tech giant Apple announced that it would increase spending for its supply chain’s partners in Vietnam, which is considered a key manufacturing center ..read more
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News# 55 - Asian air cargo block space sold out for 2024 as e-commerce fills export capacity
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1w ago
All air cargo block service agreements (BSAs) from Asia to the US and European Union for this year have been sold out as the ongoing surge in demand for e-commerce floods ..read more
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News# 55 - Vietnam to add 3 inland ports
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1w ago
Vietnam’s Ministry of Transport (MOT) has recently announced a list of 14 inland ports. This includes the addition of 3 new inland ports: Thanh Phuoc, Nam Dinh Vu (phase 1 ..read more
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News# 55 - 'Surprisingly resilient' air cargo market enjoys third month of +11% demand...
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1w ago
Global air cargo market demand rose +11% year-on-year for a third consecutive month in March as buoyant e-commerce volumes and concerns over the impact of conflict in the ..read more
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CMA CGM Air Cargo returns to ECS for sales in smaller countries
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1w ago
Yet another shuffle in shipping airline sales: CMA CGM Air Cargo, which divorced from AF-KLM last month, has returned to the ECS group to help commercialise its operations ..read more
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Air cargo rates continue to edge up: TAC Index
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1w ago
Biggest price action was from India with large increases to Europe and US as well as from Bangkok & Vietnam to Europe ..read more
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