20 January 2025 Cross-border e-commerce has indisputably become air cargo’s golden egg in recent years to a point where it is no exaggeration to suggest that it is fast-becoming the sector’s leading commodity surpassing general cargo. Its ascendancy has put a squeeze on the capacity available to other verticals, driving up rates across the sector. |
15 January 2025 The airfreight industry demonstrated remarkable resilience in 2024, adapting to economic fluctuations and shifting demand patterns. Boosted by the surge in e-commerce, as well as increased shipments of perishables and high-value goods, there was areas of significant trade growth. For example, Vietnam is showing a continuous increase as various multinational companies relocate their production plants from China to Vietnam. |
5 Comments23 November 2024 Expectations of a bumper airfreight peak season are beginning to dwindle as a successful spell of front-loading fills warehouses. In its summary of the October rates scene, the Baltic Airfreight Index noted an 8.1% increase in worldwide prices, and described the month as another “series of solid gain”, pointing to a particularly strong performance on major lanes out of Asia, to Europe and North America. |
18 November 2024 Donald Trump has already claimed victory in the US presidential election. But what will this mean for the US and global logistics industry? Ti’s CEO John Manners-Bell provides his immediate response to the result looking at some of Trump’s key policy commitments. |
6 November 2024 General cargo shippers, fighting for space against ecommerce giants, should “brace for impact” as the industry heads towards “one of the highest peaks ever in the industry of air cargo”, with a shortage of capacity likely to see airlines prioritising profits. |
30 October 2024 On the eve of the peak airfreight season, most Asian gateways are running without problems, but some bottlenecks have begun to appear, particularly out of South-east Asia and the Philippines. And, according to the latest Dimerco Asia Pacific Freight Report, despite sinking volumes, exporters using container lines are also facing challenges as a result of a sharp rise in blank sailings. |
23 October 2024 UK businesses should consider diversifying their sourcing from a single market to suppliers in Africa, the Americas and Asia, according to a new report. The report notes marked declines in the flow of goods between the UK and the EU since the 2020 introduction of the Trade and Cooperation Agreement (TCA). It claims: “The TCA has caused severe disruption in UK-EU supply chains, particularly in consumer and intermediate goods. Smaller EU economies have been more affected by reduced UK export varieties, while larger ones have seen smaller declines.” |
2 Comments14 October 2024 AI's ability to automate tasks such as processing the thousands of shipment update emails operators receive daily, reducing human error and saving time. AI can also provide greater milestone visibility, helping forwarders track shipments more accurately and efficiently. Logistics companies are increasingly adopting AI for financial processes, such as handling accounts payable invoices and reconciling payments, to minimize errors and free up resources for higher-value tasks. For instance, Scarbrough Global has maintained a smaller finance team while doubling business size, thanks to AI. Other potential applications for AI in logistics include demand forecasting, route optimization, and automated warehousing. Herminjard advises companies to begin implementing AI where their specific pain points lie to maximize its impact. |
3 Comments6 October 2024 Charter brokers have warned that the fourth quarter in air freight will be very busy – but that capacity is still available “for a price”. However, brokers aren’t too concerned over impossibly high demand in the case of a US east and Gulf coast port strike. “There is tight availability for widebody aircraft,” explained Dan Morgan-Evans, group cargo director for Air Charter Service. “Ecommerce is a factor everywhere really, and it’s a strong market. |
30 September 2024 Forwarders are claiming that access to real-time rates and bookings for dangerous goods is getting increasingly problematic. But the cause is supposedly a combination of several factors and not indicative of unfolding trends. |