The fall was mainly due to lower rates from Asia, although prices rose from Hong Kong, Europe, and North America.
Capacity expansion is expected to outstrip air cargo demand growth next year, lowering rates and prompting shippers to pursue ...
A looming East and Gulf Coast port strike is forcing more ocean freight out to the West Coast, but more retailers are likely to squeeze some product into the U.S. via air in the coming weeks. A Sept.
Gap saw improved operating margins in Q3 due to lower air freight rates, according to a Nov. 17 earnings call. Freight costs have been trending down YoY, normalizing spending levels in comparison to ...
The Houthi attacks in the Red Sea are not only driving up sea freight — air freights are going to get higher too, as global trade flows get increasingly disrupted. The delays to maritime trade may ...
SEOUL, Jan 30 (Reuters) - Global air freight rates have climbed for the first time in seven weeks ahead of Asia's lunar new year and as attacks on Red Sea shipping prompt companies to secure costlier ...
A sharp fall in passenger flights due to the coronavirus pandemic combined with rising e-commerce demand is setting the stage for tight capacity and a renewed rise in air freight rates heading into ...
LONDON--(BUSINESS WIRE)--SpendEdge, a global procurement market intelligence firm, has announced the release of their Global Air Freight Services Category - Procurement Market Intelligence Report. A ...
The Houthi attacks in the Red Sea are not only driving up sea freight — air freights are going to get higher too, as global trade flows get increasingly disrupted. In the past weeks, ocean freight ...