Spot rates on some air cargo routes out of Asia have fallen below long-term contract levels, mirroring the development in ocean shipping.
News and analysis of air cargo shipping and transportation companies.
News & Analysis
29 Apr 2020
Even when air cargo demand for urgent medical supplies drops off, there is no certainty that recession-hit consumers will resume spending, and if they do, capacity will still be tight as passenger fleets remain grounded.
28 Apr 2020
The COVID-19 pandemic has flipped UPS’s business, with nearly 70 percent of package volume now residential. That means more mileage, more stops, and more costs.
24 Apr 2020
Air freight capacity is struggling to keep up with soaring demand for medical equipment from coronavirus-hit Europe and the US that will keep China factories open through the Labor Day holidays.
14 Apr 2020
There is no sign yet of falling demand for essential medical equipment that is behind the steep rise in air cargo rates, but the revenue-crushing loss of passenger traffic has airlines fighting for survival.
14 Apr 2020
Air freight forwarders are attempting to navigate the pandemic-driven economy, but the lack of business has resulted in sharp revenue declines and layoffs, and may cause widespread consolidation in the sector.
06 Apr 2020
A shortage of protective medical equipment and limited air cargo capacity to supply hospitals is ramping up China-Europe air freight prices.
24 Mar 2020
Tightness in air cargo capacity is unlikely to ease as the global spread of the coronavirus disease 2019 (COVID-19) increases demand for medical supplies and perishables.
19 Mar 2020
FedEx expands use of its US ground unit to deliver more air express packages, as e-commerce volumes swell and Amazon ups the competitive ante.
17 Mar 2020
Airlines are using their empty passenger aircraft as cargo planes amid widening COVID-19 travel bans across the globe that have cut huge amounts of belly cargo from service.
17 Mar 2020
The logistics software provider Freightos is the latest to react to an uncertain freight market by cutting staff, a move the company attributes to the effect the coronavirus disease is having on supply chains and the financial ecosystem.
16 Mar 2020
The travails of crab shippers underscore the larger impact COVID-19 is having on North American exporters that face higher outbound air cargo rates because of the removal of belly cargo capacity on passenger jets due to cancellations tied to the disease.
13 Mar 2020
International air cargo rates are rising fast on the trans-Atlantic trade ahead of the 30-day US travel ban affecting 26 of Europe's largest economies, which will severely constrain belly cargo space on the busy trade lane.
12 Mar 2020
The sudden US travel ban imposed on 12 European countries will hurt an air freight industry still battling to overcome the loss of belly cargo capacity from the suspension of passenger flights to China.
09 Mar 2020
Compared with the freight boom of 2018, last year was disappointing for US less-than-truckload carriers, but pricing discipline allow the largest operators to maintain — and in some cases increase — their top line revenue.
05 Mar 2020
The financial hit to airlines in their battle to withstand a rapid drop in cargo and passenger revenue will be enormous, according to the industry trade association IATA.
05 Mar 2020
Difficulties transporting cargo in and out of China and fast-rising air charter rates are pushing shippers and their forwarders towards multimodal services.
27 Feb 2020
The freight rate marketplace provider Freightos will include an option for shippers to add FedEx customs brokerage services on-demand as part of a broader deal between the two companies that also includes FedEx’s use of Freightos’ air cargo pricing and booking tools.
20 Feb 2020
Lufthansa Cargo will offer instant air freight quotes via an application programming interface with digital forwarder Fleet, a company in which the German airline invested in 2018.
18 Feb 2020
With no belly cargo available for flights to China, demand for chartered freighter capacity has risen sharply, along with air freight rates, as relief aid and medical supplies move to the country amid the coronavirus outbreak.
14 Feb 2020
PortMiami won a $44 million federal grant which will be used to improve the cold chain cargo facilities to handle temperature-controlled food, and perishables such as flowers.
11 Feb 2020
A survey of delivery drivers projects that missed deliveries and time wasted due to outdated and incorrect maps and navigation aids results in $2.5 billion in added costs.
06 Feb 2020
The air cargo business has just reported its worst performance in a decade, and now hopes for a possible recovery in 2020 are in doubt due to China’s coronavirus outbreak.
05 Feb 2020
The first real estimate of the impact the coronavirus will have on China’s container supply chain has been made, and it is significant.
29 Jan 2020
Measures being applied to limit the spread of the coronavirus have led to several global carriers making significant cuts to their China flight schedules.
23 Jan 2020
Space constraints at Amsterdam Schiphol continue to hold back cargo volume growth crucial to the airport’s role as a European gateway.
14 Jan 2020
The congested hub airports in Europe are struggling with rapid growth in flight traffic and a slot allocation system that was devised a quarter of a century ago.
13 Jan 2020
Air cargo may have had a year to forget in 2019, but in Europe it will be remembered as the year seafood exports to Asian markets, especially Norway to China, started to really take off.
30 Dec 2019
Chronic cross-border trucking delays serve as a reminder of how fragile the freight connection between the United States and its largest trading partner continues to be.
24 Dec 2019
After a disappointing peak season in 2019, the outlook for international air freight in 2020 will depend on an acceleration in global trade demand and an easing of tensions between the United States and its trading partners, particularly China.
10 Dec 2019
Long-term contracted volume is crucial for airlines setting budgets and forecasts, but in the face of weak demand and a bleak 2020 outlook, forwarders are reluctant to commit.
04 Dec 2019
No one is expecting much from the air cargo peak shipping period this year, but persistent weakness in the market means any hopes of an upturn before the end of the year are fading fast.
03 Dec 2019
Airlines are beginning to offer the first- and last-mile services that have more commonly been handled by integrators and e-commerce providers.
20 Nov 2019
Adding value to both carrier and shipper will be a key criteria of the forwarding business model over the next decade.
19 Nov 2019
With the traditional peak season period for air cargo already under way, there is still no sign of an increase in demand.
13 Nov 2019
A worsening political situation and escalating protests have forced the cancelation of an important airline gathering in Hong Kong.