HIGHLIGHTS
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Air cargo operations hit by global IT outage
July 19, 2024 - Global air cargo operations took a hit from the recent tech failure caused by a Microsoft IT outage triggered by cyber...
Port congestion in Singapore improves, but Red Sea-related challenges remain
July 11, 2024 - PSA Singapore (PSA) said congestion issues at the port triggered by the ongoing Red Sea crisis have improved, with wait...
Sea-Intelligence notes growth in non-alliance services
July 9, 2024 - The initial disruptions to global supply chains triggered by the pandemic had a profound impact on non-alliance...
Global volumes rise again in June as market indicates ‘hot Q4’ for air cargo rates
July 8, 2024 - The global air cargo market is heading towards a ‘hot Q4’ of rate increases after a sixth straight month of...
WorldACD: Tonnages up 12% in the first half of 2024
July 5, 2024 - Global air cargo tonnages were up by 12% in the first half of 2024 compared with the equivalent period last year,...
Spot market rates unlikely to reach pandemic highs, but industry response critical
July 5, 2024 As ocean freight container shipping spot rates continued to spike dramatically in July amid persisting supply chain...
Hong Kong notes continued growth in air cargo driven by e-commerce boom
July 5, 2024 Hong Kong International Airport (HKIA) said cargo volumes continue to bounce back, driven by a strong e-commerce...
Shipping schedule reliability treads lower, but NAWC saw big improvement
July 5, 2024 Global shipping schedule reliability in May continued to be lower compared to last year as ocean disruptions continued...
More rate increases expected soon, though signs congestion is easing
July 4, 2024 Ocean rates are expected to climb further, but congestion is showing signs of easing. Ex-Asia ocean rates were stable...
IATA: Air cargo demand marks 6th month of double-digit growth
July 3, 2024 The International Air Transport Association (IATA) released data for May 2024 global air cargo markets showing...
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