As persistent geopolitical tensions continue to weigh heavily on global supply lines, the future of air freight appears to be fraught with difficulties. But even in this turbulent environment, there’s a ray of brightness coming from the world of cross-border e-commerce, which Glyn Hughes, the director general of the International Air Cargo Association (TIACA), noted as a reliable development engine. Hughes highlights the tangible effects on supply chains of the two-year-old Russia-Ukraine crisis, which are especially noticeable along the EU-Asia air freight routes where increased prices, tight ..read more

Three Things to Watch in 2022: Spot Market, Intermodal Services on the Rise, and Last-Mile Delivery Innovation We are at the three month mark of 2022 and with that come three things to watch in 2022: the spot market, intermodal services on the rise, and last-mile delivery innovation. Spot Market A spot rate is a one-off rate for transporting a shipment by sea or air freight. It is important to note that spot rates are usually only valid for one shipment and often have restrictions on a specific vessel, aircraft or date range, and current market conditions. Spot rates look drastically different ..read more

In an effort to improve capacity and efficiency, Los Angeles International Airport (LAX) has unveiled a daring plan to renovate outmoded cargo facilities and build an innovative cargo village. This large-scale project will be carried out by a consortium led by Realterm, a well-known on-airport air cargo real estate manager in North America. Given the possible extent of the rehabilitation and LAX’s status as the largest conventional international gateway in the country, the project is of utmost importance. After Miami, LAX processed over 2.7 million tons of cargo in 2022, placing it as the fift ..read more

The air cargo market experienced a rollercoaster ride over the last couple of years that has left stakeholders scrambling to adapt to the ever-evolving market. Despite an initial surge in air cargo demand following an increase of consumer demand, the tides have shifted in recent months. Stakeholders are currently facing a difficult situation: balancing margin and volume, renegotiating prices in the face of shifting demand, and bringing together market sentiment and actual facts. Explore the opportunities and challenges that influence the air freight industry’s pursuit of stability and long-ter ..read more

The U.S. Federal Aviation Administration (FAA) recently announced their intentions to require passenger and cargo aircrafts in the U.S. to have 5G C-Band-tolerant radio altimeters or install approved filters by early 2024 (February). This proposed rule is similar to the one that took place back in December 2021 – which prohibited passenger and cargo flight operations in the vicinity of 5G C-Band wireless transmitters unless the FAA specifically approved them – per Reuters. The Rule Would Support the FAA’s Preventive Approach Potential 5G service interference with airplane altimeters – which gi ..read more

Air Cargo Market Continues to Remain Bleak It’s been a tough year for the air cargo market as it continues to remain bleak through this year. Some are even taking a ‘wait and see’ approach before making long-term air cargo capacity commitments. This comes after airlines have seen demand drop two percent month-over-month in November, with general air cargo market demand falling for a ninth consecutive month – eliminating hopes that a late peak season boost could occur. October Regional Performance, Uncertainty Lingers At the end of November, the International Air Transport Association (IATA) re ..read more

Air Cargo is Down but Is It Still Showing Some Resilience? During the key parts of the pandemic, the air freight industry was pushed to the forefront. Now, even with holiday season approaching there have not been many signs of a peak season for the air cargo industry.  Rates are continuing to decline, while global economic clouds loom over demand and the recovery of passenger travel continues to rise. No Signs of Peak Season in Air Cargo The air cargo industry this year has not really shown signs of a peak season. Back in August – typically the weakest month for international cargo via ai ..read more

Air Cargo Volume See Declines, But Optimism Remains for the Holiday Peak Season August is traditionally thought of as the slowest month for air cargo activity. It’s before peak season and right after busy months of inventory stocking and exports from the U.S. However, despite air cargo activity dropping as expected, it didn’t drop as far as many analysts and industry experts expected it to, giving hope that this may be a good year by the time peak season rolls around. In August 2022, air freight activity dropped five percent year over year and only four percent compared to pre-pandemic levels ..read more

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