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October marked the start of the traditional shipping peak following China’s Golden Week holiday, with rising eCommerce activity and new electronics launches driving up demand and rates across Asia. Although economic forecasts suggest a potential slowdown, airfreight demand within Asia and
Global air cargo markets experienced robust growth in the second quarter, with rates on key trades out of Asia remaining firm into the third quarter, despite entering the typically quieter summer season. The latest IATA data shows that total demand, measured
During the pandemic, analysts observed a clear link between ocean disruption and increased air freight demand, with shippers seeking certainty once-again by opting for air freight. As ocean freight rates nearing pandemic levels again, shipping reliability has been improving, despite localised
The early Chinese New Year and shipper concerns about Red Sea supply chain delays contributed to a 10% increase in air cargo volumes last month, putting pressure on rates on many routes, including from the Indian Subcontinent and South East
Carriers have already been announcing additional blanked sailings in the weeks after the Golden Week holiday, suggesting that demand is expected to decrease in the weeks that would typically be in the Asia to Europe peak season. The latest Drewry
While much has been made of the impact of the peak season from Asia on sea freight rates, arguably the line’s capacity management is a bigger driver, with rising rates to the US and attempts to recover revenue from Asia
Noatum Logistics offer daily flights to and from major global destinations, to simplify the delivery of your time-sensitive cargo, with a selection of services and transits that give you flexibility of transit, to meet your supply chain requirements at the
The opening of IAG Cargo’s ‘New Premia’ facility and the addition of critical cargo handling capability at London Heathrow offers time and temperature-sensitive efficiencies and the benefits for our customers, in optimising the safe handling and movement of their cargo
Turkish Airlines usually operates 14 Bangladesh flights each week, but has cut half of them since November as it cannot remit $24 million in revenues and most other foreign airlines face the same issue and have slashed their flight frequencies
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