HIGHLIGHTS
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Ocean rates keep climbing on Red Sea diversions as Lunar New Year approaches
January 17, 2024 - Despite US and UK strikes on Houthi positions in Yemen, attacks on Red Sea traffic continued this week both on US naval...
Air France-KLM drops cargo alliance deal with CMA CGM
January 16, 2024 - Air France-KLM and container shipping company CMA CGM SA have ended a year-old cargo alliance, citing difficulties with...
Return to annual air cargo rate growth won’t happen until 2025
January 15, 2024 - Airfreight rates will see an extended downtrend this year as continued return of passenger services in the market is...
WorldACD notes "uncertain start to 2024"
January 12, 2024 - Air cargo tonnages worldwide have continued to decline in the first week of 2024, following the usual drop in the...
IATA: November air cargo marks strongest year-on-year growth in 2 years
January 10, 2024 - The International Air Transport Association (IATA) said global air cargo demand in November marked the "stron...
Asia Pacific airlines saw air cargo demand gather pace for 3rd straight month
January 9, 2024 Asia Pacific airlines reported another month of cargo growth in November, driven by holiday demand towards the end of...
Cathay Pacific's flight cancellations to have "limited impact" on cargo operations
January 10, 2024 Recently announced flight cancellations at Cathay Pacific will have a "limited impact" on the carri...
IATA: Air cargo set for a positive 2024
January 9, 2024 All regions are expected to experience air cargo growth in 2024, according to the latest analysis from the...
Air cargo faces "a year of uncertainties and opportunities" in 2024
January 4, 2024 Geopolitical uncertainties and the current unpredictability of ocean shipping could boost air cargo demand as shippers...
Bolloré says 2024 a challenging year for air and ocean freight
January 3, 2024 Bolloré Logistics expects 2024 to be a "challenging year" for the air and ocean freight ma...
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