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 MoreAir 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 MoreAir cargo demand continued its upward trajectory in October, marking 15 straight months of growth. According to the International Air Transport Association (IATA), global air cargo demand, measured in cargo tonne km (CTK), increased by 9.8% year-over-year (y/y). Capacity also rose, growing 5.9% y/y, with the cargo load factor increasing 1.7 percentage points to reach […]
Read MoreThe global air cargo market entered its peak shipping season this week, with demand surging past available capacity, pushing rates on key trade lanes to new highs for 2024. Asian export routes and the trans-Atlantic corridor are experiencing particularly sharp rate increases, reflecting strong demand and limited supply. Spot rates for Shanghai to North Europe […]
Read MoreThe air cargo sector is adopting a cautious “wait and see” stance regarding the possible impact of new US tariffs and heightened regulatory scrutiny for e-commerce shipments. This sentiment was echoed during the Tiaca Air Cargo Forum, where industry leaders discussed how anticipated policy changes could reshape the market. At the forum, Tiaca’s executive director […]
Read MoreThe air cargo industry may face significant setbacks if the new U.S. administration, potentially led by Donald Trump, enforces stricter regulations on low-value e-commerce shipments, as industry experts anticipate. Judah Levine, head of research at Freightos, suggests that changes could come to the “de minimis” exemption, which currently allows imports valued under $800 to bypass […]
Read MoreIn 2023, air cargo traffic saw a slight decline, with global volumes decreasing by 1.8% to 115 million tonnes, according to Airport Council International (ACI) World. Cargo traffic continued to concentrate in the world’s primary hubs, though the busiest airports held relatively stable positions. Hong Kong maintained its lead with 4.3 million tonnes, followed by […]
Read MoreThe airfreight industry has reached a pivotal moment, with benefits from the Red Sea crisis tapering off while e-commerce growth continues to exacerbate trade lane imbalances. These insights were shared by experts during the “Flexport Air Market Predictions for 2025” webinar this week. Niall van de Wouw, Xeneta’s Chief Airfreight Officer, noted that while ocean […]
Read MoreWhile the 2024 crystal ball remains cloudy, a glimmer of hope shines for the air cargo industry. Geopolitical turmoil and unpredictable supply chains could create a surge in demand for its reliable services. December saw promising signs: Demand surged 9% year-over-year, partly driven by a weak 2022 comparison. Spot rates climbed to their highest in nine […]
Read MoreForget the runway, e-commerce is propelling the airfreight industry towards new heights. While overall supply chain growth flatlines in 2024, online shopping’s meteoric rise promises to be the wind beneath its wings. This isn’t just a temporary surge; it’s a fundamental shift in consumer behavior, fueled by a pandemic-born expectation of instant gratification. Next-day delivery? […]
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