According to Accenture’s Seabury Cargo, global air cargo capacity was down only 4% between 13 and 26 June, compared with the corresponding pre-Covid period in 2019. However, Accenture MD Marco Bloemen  said the capacity gains had not been uniform and there were “very large” differences be...

This launches on 1 March next year – testing processes in advance is mandatory and must be done before February. Advance cargo information must be submitted via an entry summary declaration (ENS), which will impact forwarders, airlines, express couriers and postal operators transporting goods to o...

The staff, who actually work for Air Freight Logistics, ABC’s GSA and are thought to number about 60, were said to have been offered two months’ salary and a termination bonus if they accepted the deal. One source said they thought most people would accept, but under German labour law some might...

Its Fit For 55 package is aimed at reducing the EU’s emissions by 55% by 2030, and the latest round of discussions included measures to create a new emissions trading system (ETS) for commercial vehicles, known as ETS II, as well as agreeing the inclusion of maritime emissions in the ETS. In aviat...

Airlines are now charging $3.50 per kg to Europe and $8.50 to the US and Canada, compared with $8-$12 and up to $16, respectively, only a few months ago. Following the Russian invasion of Ukraine and subsequent global economic downturn, consumers in the US and Europe, the major buyers of Bangladeshi...

Shell has signed a multi-year agreement with CMA CGM to supply LNG for the line’s 13,000 teu vessels from the second half of next year. Yesterday the two companies said: “As Shell and CMA CGM are long-standing partners, both companies plan to extend their partnership to the road and aviation sec...

The Dutch government ordered Schiphol to reduce the maximum number of flights at the airport from 500,000 to 440,000 – a more severe reduction than the airport anticipated. The cuts will be in force for the next five years – but the government has not said what will happen after that, making pla...

Ocean freight Since the reopening of Shanghai, we have seen mixed signals from the market. Though commercially, companies are returning to the office, the manufacturing ramp-up is proving to be a more prolonged process. As a result, the overall market remains softer than predicted. As recently repor...

The TAC Index this morning fell 1.6% from China to Europe and nearly 4% from China to the US, while the overall index fell nearly 1%. But rates remain at higher levels than last year, 32% higher and analysts say the e-commerce sector is waning – but yields are still high. Pointing to SF Express an...

“Over the past two years, the air charter cargo market has seen a rejuvenation,” said Glenn Hogben, CEO at The Air Charter Association (ACA). However, he noted that Covid had continued to impact the logistics industry, with major outbreaks in China, and its continuing zero tolerance policy, seei...