2024: Reflecting on a Dynamic Year in Global Supply Chains
As 2024 comes to an end, we look back at a year filled with extraordinary events that shaped the global supply chain landscape. From geopolitical challenges to shifts in logistics trends, the past year has underscored the importance of resilience, adaptability, and innovation in our industry.
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Air freight situation and outlook for 2025
Global air freight market continues to experience robust growth, driven by eCommerce and the peak season, but faces capacity constraints due to reduced belly cargo capacity and a limited supply of wide-body freighters, particularly on key trade routes.
Demand rose 10% year on year in November,...
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Air freight faces prolonged capacity constraints amid rising demand
The tightening capacity situation could continue for several years, with constrained availability of freighter aircraft and high demand driving up rates across key routes.
While air cargo demand has not yet surged during this year’s peak season, rates remain elevated due to the limited capac...
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Air freight surges from Asia to Europe while trans-Pacific faces regulatory hurdles
As peak season ramps up, air cargo from Asia to Europe is experiencing strong growth, largely driven by rising demand for eCommerce, while new scrutiny on duty exemptions has led to a significant drop in air cargo volumes from Asia to the United States.
In October, tonnage from Hong Kong to Eu...
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Air cargo rates surge as Vietnam becomes key export hub
The air cargo market is seeing a significant surge in rates, driven by strong demand and tight capacity, especially on routes from Asia to North America and Europe.
In October, spot rates reached their highest point this year, with rates from Vietnam to the US increasing by 65% and to Europe b...
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Creative solutions ease Bangladesh export challenges
As Bangladesh’s apparel sector ramps up production following months of disruption, exporters are benefiting from creative logistics solutions to overcome rising freight rates and capacity shortages.
Metro shipments from Bangladesh have been utilising an innovative mix of air freight, sea/a...
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Australia follows US and Canada with stricter air cargo security measures
In response to heightened security concerns, the US, Canada, and now Australia have implemented stricter security protocols for air cargo originating from Europe and the CIS, to minimise potential risks after incendiary devices were discovered within European parcel networks.
Australia’s Dep...
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Air freight surges as supply chains feel the pressure
The air freight sector, which is already experiencing a demand spike in many regions, is anticipating another surge as the strikes at US East and Gulf Coast ports are likely to fuel even more demand on the time-sensitive mode.
With more than half of US containerised volumes moving through East...
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Stricter air cargo security measures in response to rising threats
The US and Canada have introduced new security measures aimed at addressing the potential risks posed by incendiary devices found in European parcel networks.
Recent incidents, including a fire at a logistics hub in Leipzig originating from a Baltic package, have heightened awareness of potent...
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Supply chains brace for more disruption as storm season intensifies
From wildfires and floods to scorching heatwaves, the consequences of climate change are becoming more pronounced, and as we enter the peak shipping season, businesses are scrambling to prepare for what is predicted to be one of the most disruptive storm seasons in recent memory.
So far in 202...
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Air freight peak season surge amid tightening capacity
As the air cargo market enters the final quarter of 2024, capacity is already under pressure, with spot rates from Asia climbing and setting the stage for a challenging few months.
In early September, global spot rates saw a significant rise, driven primarily by tightening capacity from key re...
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Air cargo under pressure as peak season looms
With capacity already strained and further challenges expected from potential labour strikes and reduced belly capacity in the final quarter, shippers are under increasing pressure to secure cargo space ahead of the peak season.
Strong demand
According to IATA’s latest figures global air ca...
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