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Transpacific airfreight rates climb in April

  By Damian Brett   Airfreight rates from Hong Kong to North America took off in April as a combination of capacity shortages and rising demand hit the market. Baltic Exchange Air Freight Index (BAI) figures show that in April the average price on services from Hong Kong to North America increased by 54.7% compared with a month earlier to $8.48 per kg. While some seasonal uplift in pricing is expected


Companies in desperate hunt for aircraft to move cargo

  Seller’s market means strong bottom lines for airlines, high rates for shippers  Eric Kulisch, Air Cargo Editor Follow on TwitterTuesday, May 11, 2021 0 2,005 11 minutes read  A forklift driver repositions an airfreight pallet, in front of a row of air containers and a cargo jet. (Photo: Jim Allen/FreightWaves at DFW Airport) The airfreight market is so saturated


Global air cargo demand bounced back into growth in April after a -3% dip in March.

Global air cargo demand bounced back into growth in April after a -3% dip in March. With high load factors keeping the international airfreight system under significant strain as the traditional surge in summer capacity has so far failed to materialise for a second consecutive year, say industry analysts CLIVE Data Services and TAC Index. CLIVE’s first-to-market weekly and monthly air cargo market data shows volumes in April


Digitizing air cargo processes takes the foreground

Digitizing air cargo processes takes the foreground The digitization of air cargo processes has been painstakingly slow, compared to the passenger side of the aviation industry. Yet, the pandemic has allowed for it to speed up. Air Cargo Europe 2021’s debate “Is the digital twin the new beauty of the skies? How digitization can be beneficial for the air cargo industry,” focused on the progress and


IATA Welcomes G20 Push to Restart Tourism

IATA Welcomes G20 Push to Restart Tourism   FOR IMMEDIATE RELEASE 05  May 2021 No: 30 Geneva – The International Air Transport Association (IATA) welcomed the agreement by the G20


Air cargo carries out life-saving medical equipment flights to India

30 / 04 / 2021 By Damian Brett   United Cargo helped facilitate a shipment of ventilators to Delhi The air cargo industry has been transporting life saving supplies and medical equipment to India over the last few days as the country is ravaged by a second wave of Covid. Lufthansa Cargo said that on three flights this week, a total of around 10 tons of medical equipment is on its way to India, with

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