For air cargo carriers and forwarders, as well as those involved in automotive logistics, there is significant business potential in this specialized segment of the airfreight industry. However, there are also challenges that need to be addressed. Lufthansa Cargo, a part of Germany’s national airline group, transports automotive spare parts and vehicles worldwide. The company’s
Indian freight forwarders dealing with shipments to North America are expressing frustration as carriers increasingly deny gate openings for containers, even with confirmed bookings. This issue has become more prevalent as major shipping lines report fully booked vessels, leading to frequent instances of cargo being left behind. A recent example involves the APL Qingdao at
Ocean carriers on the trans-Atlantic route have announced peak season surcharges (PSSs) set for September 1, 2024, in an effort to reverse the ongoing decline in westbound rate levels, despite a 7% increase in US import volume from North Europe during the first half of the year. This marks the first rate increase attempt since
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