The air cargo peak season, which began late last year, has now extended through the first half of 2024. With demand consistently outpacing global supply, this trend shows no signs of changing. June saw a 13% year-over-year increase in cargo volumes, measured in chargeable weight, while capacity growth was minimal at just 3% compared to […]
The International Air Transport Association (IATA) has raised concerns that tighter regulations on US e-commerce imports from China, the world’s largest trade lane by volume, could significantly impact the global air freight sector, which has experienced robust growth since late last year. China-based online platforms such as Temu and Shein are facing increased scrutiny from […]
On July 3, Customs and Border Protection (CBP) published several guidance updates through CSMS regarding the extension of Section 301 China Product Exclusions and the recent revocation and suspension related to Section 232 duties. Regarding the Section 301 China Product Exclusions Extension, CBP outlined a 14-day transition period to extend 429 specific product exclusions (including […]
SkyTeam Cargo, a prominent air cargo alliance, has introduced an innovative paper-based cargo pallet designed to reduce costs and environmental impact. Developed by TRIP&CO, this new pallet has received approval from the European Union Aviation Safety Agency (EASA). The paper-based pallets, which can replace traditional wood and plastic euro and block pallets, weigh between 10-15 […]
US importers are accelerating their orders to bring containerized freight into the country as soon as possible, driven by global and domestic concerns, according to an international logistics executive during a press briefing in Washington, DC, this week. The situation in the Red Sea is worsening, there are issues with crewing ships, and labor concerns […]
Etihad Cargo is addressing the increasing demand in the US and Canada by adding extra capacity to key North American destinations. The Abu Dhabi-based carrier announced that it will provide additional space beyond its existing bellyhold capacity through partnerships with other airlines. This initiative will introduce an extra 250 tonnes per week to New York, […]
The Transportation Security Administration (TSA) is reducing the compliance demands on airfreight intermediaries by allowing logistics businesses to renew security credentials every three years instead of annually, according to a recent regulatory notice. This change, effective Monday, affects approximately 3,800 indirect air carriers registered with the TSA. These companies consolidate cargo from various shippers and […]
Vessel delays are decreasing at major ports in North and Southeast Asia, and equipment availability in China is also improving. However, ocean carriers and forwarders report increasing congestion in India. Key ports such as Singapore, Ningbo, Qingdao, and Klang in Malaysia have seen reduced vessel delays, according to shipping executives based in Asia. “Congestion has […]
For the past six months, container shipping companies have rerouted cargo around Africa to avoid Houthi rebel attacks in the Red Sea, bypassing the Suez Canal. What once seemed unlikely is now the norm, impacting industry capacity and causing outbound Asia rates to soar. Despite the possibility of a Gaza-Israel ceasefire, the Houthi rebels have […]
Incident Overview Three months ago, on March 26, the container ship Dali lost power and collided with a support pier of the Francis Scott Key Bridge, causing its collapse. The disaster resulted in the deaths of six construction workers, partial obstruction of Baltimore’s shipping channel until June, and the loss of one of the city’s […]
