For forwarders, 'a hot Q4' will be all about controlling air cargo capacity
“Capacity is going to be king for the rest of 2024.” That’s the word from forwarders ...
WorldACD has released its 2020 numbers for air freight, and noted December brought reasons to be cheerful for airlines. Last month saw volumes only just below those of a year earlier – but it did not mark a “return to normalcy”. The data provider also looked at the largest markets in six regions in comparison with 2019, and, of course, it examined yields, which remain at healthy levels for carriers.
Swissport meanwhile, said it handled 41.m tons of cargo last year – some 12.3% lower than a year earlier. (Passenger-driven demand was down 68.9%.) Its revenue fell by about half, but it said it was “cautiously optimistic” for the second half of 2021.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
email: [email protected]
mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
Comment on this article