In 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 MoreAs mid-October progresses, seasonal patterns indicating a dip in volume have become apparent, albeit slightly later than usual. This delay can be attributed to three disruptions earlier in the month that provided a temporary uptick in freight demand. Historically, mid-November marks the beginning of increased demand as we approach the holiday season, and this year […]
Read MoreIn September, rail container dwell times at the ports of Los Angeles and Long Beach hit their highest levels in two years as the ports experienced a surge in import volumes from Asia. This spike is partially attributed to retailers redirecting cargo from the East and Gulf coasts due to a looming longshore strike. […]
Read MoreTruckload spot rates across the southeastern U.S. are rising sharply in response to back-to-back hurricanes. After Hurricane Helene ravaged parts of Florida to North Carolina, the trucking market experienced significant disruption. Now, as Hurricane Milton approaches the Gulf Coast of Florida, spot rates are climbing even higher. Last week saw nationwide increases in spot rates […]
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? […]
Read MorePresident Biden’s White House Council on Supply Chain Resilience is a welcome step, but its focus solely on boosting supply misses a crucial element: demand flexibility. A comprehensive approach addressing both sides of the equation is essential for a truly resilient supply chain. The Myopia of Supply-Side Solutions: While Biden’s initiative acknowledges the pandemic’s impact, […]
Read MoreBelgian authorities are planning to increase container scanning using artificial intelligence (AI) at its ports, focusing on shipments from high-risk areas like Latin America to combat drug smuggling. Currently, only 5% of containers entering the country’s ports are scanned, according to Belgium’s customs chief, Kristian Vanderwaeren. The measure is part of a broader effort to […]
Read MoreAfter a period of dominance by East Coast and Gulf Coast ports, the momentum has shifted back to the West Coast. Imports from Asia are starting to head back to America’s Pacific gateways, with the West Coast regaining some lost ground. There are a few factors driving this shift. First, the labor issue on the […]
Read MoreThe logistics industry is undergoing significant changes, with trade flows shifting and the structure of e-commerce evolving. However, air cargo is still well-positioned to play a vital role. In the US market, Laredo on the US-Mexico border has surpassed the Port of Los Angeles as the biggest gateway for imports for the eighth consecutive month. […]
Read MoreBeijing’s global maritime operations double as intelligence-gathering outposts. Introduction: Maritime trade, which accounts for ninety percent of global trade, plays a pivotal role in connecting markets worldwide. However, its vulnerability to disruptions, whether due to pandemics, port congestion, or shipping incidents, underscores the need for safeguarding this critical sector. Unlike traditional naval embargoes, modern warfare […]
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