31 Jan 2025

Air Cargo Demand Hits Record High in 2024

Air cargo demand in 2024 has surpassed the record volumes of 2021 by 0.5%, driven by high e-commerce activity and constraints in ocean shipping. According to full-year data from the International Air Transport Association (IATA), demand in 2024, measured in cargo tonne-kilometers (CTK), rose by 11.3% compared to 2023. Despite this growth, full-year yields were […]

Read More
30 Jan 2025

Air Cargo at a Crossroads: Adapting to Volatility in an Uncertain Market

The air cargo sector must learn to “embrace volatility,” according to industry analysts who spoke at the World Cargo Summit in Ostend on January 28. Experts highlighted both the strong tailwinds driving growth and the significant headwinds threatening disruption. Ludwig Hausmann, senior partner at consulting firm McKinsey & Co, underscored the industry’s rapid expansion, citing […]

Read More
29 Jan 2025

Businesses on Edge: Preparing for Looming 25% Tariffs on Mexico and Canada Imports

With the potential implementation of 25% tariffs on imports from Mexico and Canada looming, many businesses are seeking guidance on how to navigate the resulting supply chain disruptions. A recent webinar hosted by global supply chain provider Kuehne + Nagel highlighted this growing concern. The webinar, titled “Navigating Unprecedented Global Trade Disruptions,” took place on […]

Read More
24 Jan 2025

Asia Pacific Air Cargo Demand Holds Steady Despite Seasonal Slowdown

The post-peak season decline in air cargo demand from the Asia Pacific region has not been as severe as initially feared, according to data provider WorldACD. WorldACD analyzed the drop in demand between the December peak and the early January low after concerns arose among air cargo industry executives about the extent of the decline, […]

Read More
21 Jan 2025

Trump’s America First Trade Policy: Key Actions and What They Mean for U.S. Commerce

  President Trump released his memorandum on an America First Trade Policy that did not immediately result in “day one” additional tariffs on any country, but it is a top-to-bottom review of every possible action the U.S. could take against a country that is trading unfairly or burdening U.S. commerce based on existing laws. A […]

Read More
17 Jan 2025

CBP Unveils Tougher De Minimis Rules to Combat E-Commerce Challenges

U.S. Customs and Border Protection (CBP) has announced plans to revise de minimis rules in response to the surge in e-commerce shipments, aiming to streamline administrative processes and crack down on illegal goods entering the U.S. The proposed changes, revealed yesterday, include mandatory submission of additional shipment information and the establishment of a fully electronic […]

Read More
15 Jan 2025

E-Commerce Shifts: From Air to Sea Freight

E-commerce shipments to the US are showing signs of a shift from air cargo to sea freight, with potential changes to de minimis rules likely to accelerate this trend. This perspective was highlighted during Freightos’ “Global Freight Outlook” webinar, which explored how actions by the incoming Trump administration might impact e-commerce airfreight. Currently, de minimis […]

Read More
15 Jan 2025

Air Cargo Soars: 2024 Growth and Challenges

Air cargo capacity experienced significant growth last year, with double-digit percentage increases, driven by a recovery in bellyhold capacity and sustained high levels of freighter space compared to pre-Covid benchmarks. According to data provider and consultant Rotate, total air cargo capacity in 2024, measured in airfreight tonne kilometers (ATKs), rose by 10% year-on-year to reach […]

Read More
09 Jan 2025

ILA, USMX Reach 6 Year Deal Avoiding Another Port Strike

The International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) announced late Wednesday that they have reached a tentative agreement on a new master contract, covering ports from Maine to Texas. While the deal awaits ratification by ILA locals and USMX members, it averts a looming port strike and secures labor stability along […]

Read More