Archive for October 2023

AIR FREIGHT UPDATES Pakistan International Airlines Unable To Pay Fuel Bills And Cancels Flights simpleflying.com Pakistan International Airlines, commonly known as PIA, has hit the spotlight this week after canceling several domestic and international services due to the inability to […]

AIR FREIGHT UPDATES Uptick in airfreight rates creates mirage of market recovery freightwaves.com Air logistics stakeholders may want to pump the brakes on celebrations of shipping volumes and rates finally climbing from the depths of a prolonged downturn. Newfound optimism […]

AIR FREIGHT UPDATES Requests for air charters on the rise as scheduled carriers divert from Israel theloadstar.com The conflict in Israel is expected to spark changes in the airfreight market – the breadth of which will likely depend on how […]

AIR FREIGHT UPDATES Airspace Safety Body Calls For Airlines To Avoid Tel Aviv Flights simpleflying.com On the heels of the conflict in Israel that has arisen in the past few days, many have begun to question the safety of still […]

AIR FREIGHT UPDATES Shippers opt for longer air cargo contracts as the global market stays flat theloadstar.com The air cargo market may be “finding its feet again” – but it may take time. Latest data suggests Q3 23 saw a […]

OCEAN FREIGHT UPDATES Rate hike hopes, but liners face one of the ‘worst slack seasons ever’ theloadstar.com Following Hapag-Lloyd’s announcement on Monday of a huge hike in its Asia-Europe FAK rates, CMA CGM has advised its customers of similar increases […]

AIR FREIGHT UPDATES Air Cargo Demand up 1.5% in August, First Annual Growth Since February 2022 iata.org Geneva – The International Air Transport Association (IATA) released data for August 2023 global air cargo markets, showing that year-on-year air cargo demand […]

AIR FREIGHT UPDATES Maersk open to growing its freighter fleet aircargonews.net Maersk Air Cargo said it will remain open to new opportunities to grow its freighter fleet, despite the current challenging air cargo market conditions. The company, which launched operations […]