The air cargo market connecting Asia and Europe currently faces significant capacity constraints. This tightening of available space has led to a sharp increase in both shipping rates and associated f
by Air Cargo Sees January Surge Driven by Early Holiday Timing
The global air cargo market began the year with a notable surge in January, experiencing a significant 7% increase in volume compared to the previous year. This substantial boost largely stems from th
by Amazon Air Expands Logistics Footprint in North Florida
Amazon Air is significantly broadening its air cargo network with a new presence in North Florida. The company will establish air cargo storage and processing operations at Jacksonville International
by Update: Air cargo shippers take short-term contract approach to close 2025
Air cargo shippers are increasingly favoring short-term contracts. Recent data from Xeneta highlights this significant trend. In the fourth quarter, shippers secured one-year terms for only 24% of new
by US AI Demand Strains Intra-Asia Air Freight
Intra-Asia air freight capacity is currently experiencing significant tightening. Traffic across these vital routes shows a notable growth. This surge directly links to sustained US demand for cloud i
by FedEx Projects $175 Million Cost from Grounded Fleet
FedEx anticipates a significant financial burden, estimating a $175 million impact. This substantial cost stems directly from the grounding of its MD-11 aircraft fleet. The company faces elevated expe
by Air Cargo Spot Rates Decline Globally in November
Air cargo prices experienced a notable decline across all major global trade lanes during November. This shift in pricing dynamics signals a potentially evolving landscape for international freight. I
by China’s Cross-Border E-commerce Growth Stalls in October
China’s cross-border e-commerce sector experienced a significant shift in October, registering flat sales growth for the month. This development marks a notable departure from its previous trajectory,
by FAA Lifts Air Traffic Reductions, Restoring Normal Operations
The Federal Aviation Administration (FAA) has concluded its previously mandated air traffic reductions, marking a return to normal flight operations. Earlier this month, the agency terminated an order