To avoid the dreaded stockouts while meeting customer expectations for fast delivery and product variety, shippers are steadily consuming more air freight capacity.
Shippers typically turn to cargo airlines such as Lufthansa Cargo and Cathay Pacific for expensive or time-sensitive products such as fast-fashion apparel, pharmaceutical shipments, or fruits and vegetables.
News & Analysis
26 Sep 2022
Cementing access to controlled air freight capacity is behind MSC’s move to join peers CMA CGM and Maersk in launching an air cargo division.
08 Jun 2022
China’s rolling COVID-19 lockdowns and significant disruption linked to Russia’s invasion of Ukraine have left the global air freight market to face a difficult second half of the year.
27 May 2022
Freightos is targeting the payment space for air forwarders by tying an integrated payment tool between forwarders and cargo airlines to its WebCargo booking and rating software.
27 May 2022
If the offer by MSC and Lufthansa for ITA is successful, it will provide the ocean carrier with access to significant air freight capacity.
18 May 2022
In just 18 months, CMA CGM has gone from providing air cargo as part of its CEVA Logistics suite of services to becoming a major player in the global air freight market.
11 Apr 2022
Shippers of time-sensitive goods on the North Europe-North America trade are increasingly being forced into the air as rising congestion on the US East Coast extends vessel delays.
30 Dec 2021
An update to new COVID-19 quarantine rules in Hong Kong has prompted Cathay Pacific to halted long-haul freight flights, potentially exacerbating a supply crunch ahead of the Lunar New Year peak.
10 Dec 2021
An electronic connection between CargoWise and Singapore Airlines is another sign that digital management of bookings and shipment modifications is gaining momentum in the air cargo market.
22 Oct 2021
International air freight and last-mile delivery saw the fastest revenue growth in the transportation sector last year, while industrial transportation suffered.
10 Mar 2021
Air cargo industry experts told the TPM21 conference the belly space that normally makes up more than half of all available freight capacity will likely remain sidelined as airlines continue to struggle with uncertain passenger demand.
03 Mar 2021
Apex Logistics International plans to continue to expand scheduled charters in 2021 after seeing a 200 percent increase in charter demand in 2020.
29 Dec 2020
Airlines are beginning to extend the validity of rates offered on some major trades after cutting price and space guarantees to one week or even less when passenger fleets were first grounded at the end of the first quarter of 2020.
18 Dec 2020
There’s debate about how much of a knock-on effect COVID-19 vaccine distribution could have on other types of cargoes, but US shippers are cautioned to plan for some disruption.
28 Jul 2020
The air cargo industry is gradually moving to electronic bookings between forwarders and airlines, but the evolution could still take time if previous digitization initiatives in the industry are any indication.
11 Jun 2020
Freighters and converted passenger craft are taking longer to unload than belly freight and some ground handlers are understaffed after furloughs and layoffs in the early days of the COVID-19 pandemic.
19 May 2020
A partnership between airfreight software specialist WebCargo and cargo airline management platform IBS will enable carriers to quote more efficiently, and electronically, to forwarders.
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.
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.
03 Jun 2019
The outlook for air cargo is turning negative as carriers face headwinds in the form of trade upheaval and falling demand.
05 Feb 2019
Speakers at the Cargo Facts EMEA conference in Frankfurt say trade disruptions and booming e-commerce will continue to drive increased global air cargo volume.
15 Jan 2019
After a subdued end to 2018 and trade and with economic hurdles stacking up, there are relatively low expectations for the trans-Pacific air cargo market in 2019.
27 Dec 2018
Gathering e-commerce momentum is revolutionizing global air cargo supply chains.
05 Dec 2018
Of course, many factors can be involved in an air cargo volume uptrend, but this holiday season trade tension and the threat of higher tariffs certainly is one.
19 Oct 2018
“I don’t know if the peak this year will look like last year, but we have about 20 freighters and take a lot of volume in our widebody fleet that we expanded quite a bit, so there are a lot more destinations,” Cathay Pacific CEO Rupert Hogg said. “But going into next year the future is unknown.”
28 Sep 2018
The International Air Transport Association said this slowing growth was coming against a backdrop of rising trade protectionism measures, and wider momentum in global trade was weakening.
26 Sep 2018
Further, trans-Pacific shippers will welcome the additional capacity, especially this peak season, for several reasons.
28 Mar 2018
Life has been good for heavy-lift air cargo operator Antonov after the breakup with its partner, with the company notching job wins in oil and gas, energy, aerospace, agriculture, telecommunications, and other industries. But that, in a sense, was not surprising, given its advantage — seven AN-124-100 freighters with payloads capable of transporting 150 metric tons.
12 Mar 2018
Aligning capacity with fluctuating demand and sticker-shock pricing is always a tough dance in the air cargo spot market, and it is getting more difficult.
09 Mar 2018
The scheduled Hong Kong-LAX freighter service to be launched by Flexport is aimed at locking in space on the busy route.
22 Jan 2018
The recovering air cargo market is generating unprecedented growth at selected airports in Asia and Europe.
15 Jan 2018
The space-choked China-US air freight routes may see rate levels reach incredible highs as demand overpowers supply ahead of Chinese New Year.
22 Dec 2017
There will be little respite for shippers struggling to reserve air cargo space on the major trades until mid-February, with strong demand expected to continue until the Lunar New Year.
11 Dec 2017
Freight rates for air cargo are rising steadily and space is at a premium with no slowing of demand.
06 Dec 2017
Peak season demand is using up all available capacity and pushing up rates to unheard of levels.
22 Nov 2017
These are the best of times for the global airline industry but look like the worst of times for UK carriers and airports as they sweat over Brexit.
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