The air cargo market will double in size over the next 20 years, and express will be the industry’s main growth engine, Boeing said in a new forecast.
Air cargo flight frequency begins to bounce back in the second half of 2020, exceeding 2019’s airline cargo monthly volumes.
Freighter demand is on the rise — here’s a look at why.
Air freight demand for COVID-19 vaccines will be massive, according to the International Air Transport Association (IATA).
Price inflation has tapered off for many – not all – air cargo markets during the second half of August. Shippers shouldn’t get used to it.
Tender rejections: After increasing from 6.52% to 8.91% last week, we expect national rejection rates to continue to rise but at a slowing pace in the coming week as carriers struggle to recover from spiking demand. Manufacturing outlook: The coming week will give a refresher for industrial production. Manufacturing is plagued by a lack of […]
Manufacturing outlook: The coming week will be telling for the industrial segment. The Institute for Supply Management updated the Purchasing Managers’ Index (ISM.PMI). It breached the 50-expansion threshold in for two consecutive months. There may be some talks of a turnaround for the manufacturing segment. However, the numerous headwinds in the current macro-economy suggest that […]
Tender rejections: Looking into the week, we expect the capacity to continue to loosen as volumes remain at midwinter levels. Occasional surges in demand are not unheard of in February, but they are unlikely to have much impact on capacity. Carriers who operate in California and around the ports need to start thinking about the […]
Diesel fuel price outlook The rack-to-retail spread has widened to more than $1.10/gallon, creating an unearned windfall for trucking carriers. Diesel markets have been sliding in part on an overall decline in oil since the start of the year, but retail is slow to follow. Diesel itself has fallen farther than crude, primarily on fears […]
