Air cargo market stuck in doldrums during normal busy season
The peak season for air shipping failed to materialize this year, but realistically volumes and rates are just normalizing after a crazy two-year rush.
The peak season for air shipping failed to materialize this year, but realistically volumes and rates are just normalizing after a crazy two-year rush.
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 modes.
The International Air Transport Association’s chief economist points to mixed signals for the economy and air cargo activity.
The International Air Transport Association’s U.S. subsidiary next month will have a new president.
Airlines are carrying less cargo because of global economic headwinds, but the slowdown isn’t reflected in shipping rates.
Peak airport congestion during peak season is undermining air cargo transport.
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, why wouldn’t you fly?
All-cargo planes carry bulk shipments of lithium batteries under strict regulations. Airlines want to minimize mistakes that can cause a fire during flight.
Air cargo is booming, but the pandemic set back international passenger airlines by seven years or more by several metrics.
The International Air Transport Association reported strong growth for air cargo in August.
Willie Walsh is the blunt leader of the International Air Transport Association. He admits that airlines mistakenly treated cargo business as an afterthought.
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 variant.
Air cargo throughput is expected to continue its upward trend after a strong first-half showing, IATA said.
The Upside Down is a parallel universe inhabited by the Demogorgon in the Netflix series “Stranger Things.” In the real world, shippers that don’t want to get eaten by ocean carriers are fleeing to air cargo.
International transport rules for dangerous goods could have hindered the vaccine rollout by airlines without swift action by the air cargo sector.
Airfreight markets around the world are facing serious capacity constraints. Trade growth is overwhelming the physical ability of carriers to move goods and it’s reflected in transport prices.
Cargo has been the airline industry’s all-star performer since the pandemic began. Profits are soaring, but it’s not enough to overcome huge losses from the travel side.
Air cargo carriers can barely keep up with demand. International passenger airlines are desperate for more traffic. But the two segments are inextricably linked, for better or worse.
Digital transactions are necessary as air cargo volumes grow, but setting up those IT links can be tedious. The International Air Transport Association has a new tool to make that process much easier.
Air cargo is a good news, bad news story this year. Shipment volumes are at pre-crisis levels. But cargo is joined at the hip with passenger airlines, which are cutting more flights and struggling to survive.