airfreight market
- Air Cargo
Geopolitics contribute to 11% decline in air cargo demand
The air cargo market, like other freight sectors, is in a dip. There are mixed signs that air could bounce back sooner than other transport…
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Ethiopian Airlines inks deal for 5 Boeing 777 freighters
Ethiopian Airlines is investing in five more Boeing 777 freighters to meet shipping demand.
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Air cargo market risks downturn as export orders contract
Airlines are carrying less cargo because of global economic headwinds, but the slowdown isn’t reflected in shipping rates.
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Omicron, weather dent air cargo growth in January
The air cargo market is very strong, but the latest January numbers are deceiving.
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Airport congestion blamed for peak season drop in air cargo volume
Peak airport congestion during peak season is undermining air cargo transport.
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Exorbitant ocean rates, need for speed give air cargo an edge
Air cargo is typically unaffordable for most shippers. With ocean rates off the charts, air doesn’t look so bad. If you can find a booking,…
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Freightos takes on TAC with new airfreight index
Freightos has set up an index to track a basket of prices for airfreight, just like it did with its ocean shipping index.
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IATA forecasts 2021 air cargo revenues to hit record $175B
Air cargo is booming, but the pandemic set back international passenger airlines by seven years or more by several metrics.
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How much money have airlines lost so far in 2021?
The global airline industry still has a steep climb out of its financial hole. U.S. airlines are doing better, but watch out for the delta…
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Cargo airlines cancel hundreds of China flights amid COVID outbreak
Labor shortages at Chinese airports and pilot quarantine rules related to COVID are forcing airlines to scuttle many cargo flights to keep operations going and…
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