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Aircraft flying full as volumes – and air freight rates – go up another gear
Aircraft flying full as volumes – and air freight rates – go up another gear

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Aircraft are much fuller than they used to be – that’s the main takeaway from the most recent air cargo industry data.

US REGULATOR PROBING CHINA’S ROLE IN CONTAINER SHORTAGE
US REGULATOR PROBING CHINA’S ROLE IN CONTAINER SHORTAGE

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Maritime official sounds alarm on surging freight rates and potential for market manipulation.

AT LEAST TWO MORE YEARS OF FREIGHT RATE PAIN FOR SHIPPERS AS CARRIERS ‘CASH IN’
AT LEAST TWO MORE YEARS OF FREIGHT RATE PAIN FOR SHIPPERS AS CARRIERS ‘CASH IN’

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Shippers must brace themselves for at least two more years of elevated freight rates and tight supply, according to Drewry.

ONE REPORTS SOARING 2020 PROFITS, BUT STAYS CAUTIONS ON PREDICTIONS FOR THIS YEAR
ONE REPORTS SOARING 2020 PROFITS, BUT STAYS CAUTIONS ON PREDICTIONS FOR THIS YEAR

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On Apr 30th, Japanese container line ONE reported a $3.5bn profit for 2020 – an astonishing leap from the $105m profit declared for 2019.

Container contract system broken – BCOs steer toward short-term deals
Container contract system broken – BCOs steer toward short-term deals

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A beneficial cargo owner (BCO) is an importer that takes control of a shipment at the destination using their own logistics assets instead of utilizing a third-party source like a freight forwarder or NVOCC (non-vessel owning common carrier)


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