Rate volatility puts carriers’ BCO business at risk

Despite the goal of newly consolidated carriers to reassert themselves to create value in the supply chain, rate volatility and how that alienates key customers and further strengthens non-vessel-operating common carriers (NVOCCs) may permanently limit carriers’ role to provide wholesale capacity. In other words, some are suggesting that carriers are digging themselves into a hole […]

Air cargo continues to carry the day in Asia Pacific

While transpacific oceanborne traffic was especially robust this past peak season, industry analysts were also impressed by the air cargo surge in the region. If this trend is to continue, however, the need for improved airport infrastructure is obvious.

European cargo monthly: Demand picks up as peak season approaches

European airlines saw cargo demand ramp up in September as the peak season started to get underway. The latest data from airlines based in the European region show that demand was up across the board in September compared with August. In fact, Lufthansa, IAG and Finnair all had their busiest September since Air Cargo News […]

Ocean Network Express unconvinced on mega-ships benefits

Operating mega-ships of 22,000 TEU was not the way forward and will place mounting pressure on landslide operations, believes Jeremy Nixon, the CEO of new Japanese carrier Ocean Network Express (ONE). While mega-ships may be required on some routes, Nixon told the JOC’s TPM Asia conference in Shenzhen that he remained unconvinced at the need […]

Air cargo landscape changing but there will always be middlemen

The air cargo landscape is undergoing change with more players seeking to control assets and enter the market, but there will always be a role for the middleman, according to one speaker at the Caspian Air Cargo Summit. Speaking at the two-day conference in Baku, PAS Aviation Logistics managing director Peter Scholten explained that there […]

Air cargo messaging standard gets closer with IATA-WCO collaboration

As any world traveler knows, situations can get confusing when the parties involved don’t share a common language. The same holds true in air cargo when it comes to digitizing across platforms, and industry organizations are taking steps to overcome the cargo language barrier.

US imports forecast to hit near-record in October

Strong consumer demand produced record import volume in August and near-record imports are projected for October, which will close out a busy peak-shipping season, according to the National Retail Federation. However, industry analysts emphasize that beneficial cargo owners can anticipate a soft rate environment during the post-holiday shipping slump in November to December, and into […]

Airfreight rates flat in August

Airfreight rates on major east-west traders were largely flat in August, but are expected to have picked up again in September. The latest figures from consultant Drewry’s Sea and Air Shipper Insight show that the average all-in buy rate across 28 major east-west lanes stood at $2.63 per kg in September. This represents an increase […]

ELEVATE: Can supply chains stay competitive without data sharing?

At the 2017 ELEVATE Conference yesterday, panelists agreed on the importance of sharing airfreight data to making the entire cargo journey visible to the customers and remaining competitive with large, innovative players like Amazon and Alibaba. But the larger question remains: What will motivate airport communities to share data?