FREIGHT AND FORWARDING

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Air Cargo Up 12% in April Compared to Pre-COVID Levels

FOR IMMEDIATE RELEASE 08 June 2021 No: 37 Geneva - The International Air Transport Association (IATA) released April 2021 data for global air cargo markets showing that air cargo demand continued to outperform pre-COVID levels

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Air cargo rates set to stay elevated during summer lull

Air cargo rates set to stay elevated during summer lull By Damian Brett   Airfreight rates cooled as the month of May progressed but this is unlikely to signify the start of a return to pre-Covid levels. The latest figures from the Baltic Exchange Air Freight Index (BAI) show that rates from Hong Kong to North America increased to $8.70 per kg in May from $8.48 in April. From Hong Kong to Europe prices

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Australian forwarders fear air cargo capacity crunch if Covid support ends

Australian forwarders fear air cargo capacity crunch if Covid support ends By Damian Brett   Australian freight forwarders are concerned that they could face air cargo capacity shortages and higher rates if a government subsidy programme ends in September as planned. The Austrade International Freight Assistance Mechanism (IFAM) was set up earlier in the Covid outbreak to support airlines’ air

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TACT embraces digital, and drops its Tariffs Manuals

TACT Air Cargo Solutions discontinue the TACT Tariffs Manuals to focus on the digital delivery channels Over the course of seven decades, the TACT Tariffs Manuals, similarly to the Dangerous Goods Manual, have been a must-have for air cargo professionals on their desk. The International Air Cargo Tariff was discontinued in 1959 and replaced by the International Cargo Tariff (ICT), published at the time by KLM Cargo. It

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Digitalization Needed for Smooth Restart

  Digitalization Needed for Smooth Restart FOR IMMEDIATE RELEASE 26 May 2021 No: 34 Geneva – The International Air Transport Association (IATA) warned of potential airport chaos unless

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Optimism When Borders Reopen

  FOR IMMEDIATE RELEASE 26 May 2021 No: 33 Geneva – The International Air Transport Association (IATA) and Tourism Economics released a long-term view for post-COVID-19 passenger demand recovery which

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