Archive for March 2022 - page 2

OCEAN FREIGHT UPDATES Evergreen calls in salvor team to free trapped Ever Forward theloadstar.com Casualty consultant WK Webster (WKW) has said that salvage security is no longer required, but it is possible that Ever Forward vessel owner Evergreen will declare […]

AIR FREIGHT UPDATES Capacity cuts strike again as Shanghai Pudong closes to inbound flights theloadstar.com Alternative routes out of China, in particular sea-air, are expected to see a surge in bookings following news that the country is to close Shanghai […]

AIR FREIGHT UPDATES Airline Fuel Surcharge Could Spike By 15% This Summer simpleflying.com Summer holidays will be coming at a premium if oil prices continue to increase. Experts have claimed that potential fuel charges could raise airfare costs by at […]

AIR FREIGHT UPDATES China Looking to Divert Flights From Shanghai as Covid Surges bnnbloomberg.ca (Bloomberg) — China has discussed diverting international flights away from Shanghai to other cities, as the financial center’s growing omicron outbreak puts pressure on quarantine hotels […]

AIR FREIGHT UPDATES Airlines begin to cut flying as they grapple with fuel costs ajot.com U.S. airlines have begun paring flight plans due to soaring fuel prices, underscoring the speed at which Russia’s attack on Ukraine has upended the industry […]

AIR FREIGHT UPDATES Hong Kong air cargo hit by massive reduction in trucking from mainland theloadstar.com The southern China air freight market has changed “dramatically” as Covid rages in Hong Kong, severely impacting the local trucking market to and from […]

AIR FREIGHT UPDATES TPM22: Shippers turn to air freight as part of longer-term business model theloadstar.com Fed up with congestion at major container gateways and poor liner service levels, air freight is beginning to capture shipper customers that previously only […]

AIR FREIGHT UPDATES Desperate AirBridgeCargo hawks out freighter capacity – but for how long theloadstar.com AirBridgeCargo (ABC) is offering its fleet for ad hoc charters, after being banned from European, US and Canadian airspace and the consequent loss of its […]

AIR FREIGHT UPDATES Air capacity plummets as Japan’s carriers mull halting operations to Europe theloadstsar.com Air freight capacity is plummeting and prices are soaring – but sea-air could help alleviate the problem. Not only has the US implemented a ban […]

AIR FREIGHT UPDATES Sanctions squeeze Russian carrier Volga-Dnepr, air cargo capacity freightwaves.com Volga-Dnepr, a Moscow-based airline specializing in outsize and heavy freight, is a notable casualty of the economic crossfire between the West and Russia over the invasion of Ukraine, […]