Widebody freighter capacity on the transpacific trade lane is rebounding, though it still trails volumes seen this time last year. According to data from aviation consultancy Rotate, widebody freighter capacity between Asia Pacific and North America rose 18% over the past 24 hours compared to the same period last week—an increase equivalent to 10 additional […]
Read MoreAir cargo volumes and capacity are expected to rise in the coming days after the United States and China agreed to a 90-day partial suspension of their ongoing trade war. The dispute had driven tariffs between the two nations to more than 100%, with additional duties placed on e-commerce shipments. Following a weekend of negotiations, […]
Read MoreThe United States and China have agreed to a 90-day suspension of their ongoing trade dispute, which had previously driven tariffs between the two countries to more than 100%. Following a weekend of negotiations, both sides announced that tariffs imposed since April 2 — which had reached as high as 125% on some goods — […]
Read MoreAir cargo demand rebounded in March, driven in part by businesses accelerating shipments ahead of anticipated U.S. tariff changes. According to the International Air Transport Association (IATA), global airfreight demand, measured in cargo tonne kilometers (CTK), rose 4.4% compared to the same month last year. Capacity also increased by 4.3%, while the cargo load factor […]
Read MoreSeveral major Chinese airlines are reportedly considering the cancellation of their services to the United States, though no final decisions have been made, according to logistics provider Dimerco. “If these cancellations proceed, the already tight air cargo capacity from China to the US will shrink even further,” the company warned. Kathy Liu, vice president of […]
Read MoreA wave of “panic buying” is expected over the next three weeks in the trans-Pacific air freight market, as shippers rush to move goods into the U.S. before new tariff rules kick in on May 2, according to The International Air Cargo Association (Tiaca). Tiaca Director-General Glyn Hughes told the Journal of Commerce that cargo […]
Read MoreRecent data from WorldACD reveals a slight decline in airfreight demand from China and Hong Kong to the US last week, even as shipping rates increased. For the week ending April 6 (week 14), demand from these key markets fell by 1% compared to the previous week, marking the first drop since the beginning of […]
Read MoreAirfreight rates continued their upward trend last week as businesses sought to transport goods ahead of the anticipated announcement of sweeping new U.S. tariffs. According to data from TAC, compiled for the Baltic Air Freight Index, overall air cargo rates increased by 2.4% in the week ending March 31, reflecting a 5.1% rise compared to […]
Read MoreFreight forwarders are rushing to manage an unexpected surge in air cargo demand on westbound trans-Atlantic routes as shippers expedite shipments ahead of new U.S. tariffs on European goods, set to take effect on April 2. This heightened demand is pushing air freight rates upward, with prices climbing 8% this week to nearly $5 per […]
Read MoreLufthansa Cargo anticipates growth in the air cargo market in 2025 despite ongoing geopolitical challenges and capacity constraints. During a recent webinar, Heike Woerner, senior director of business development, shared the airline’s projection of a 3-5% increase in cargo demand this year. This growth aligns with forecasts of 3.3% global economic expansion and improvements in […]
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