Tag: Air

Articles

Airfreight Ends 2024 Strong, Faces Softer Growth in 2025

The airfreight industry enters 2025 with cautious optimism despite slowing growth and geopolitical concerns. While 2024 saw significant gains, including 14 straight months of double-digit demand growth, December showed signs of cooling with just 6% higher tonnage compared to the previous year, according to WorldACD. Global spot rates were 15% higher in December than the

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Articles

BIFA Highlights Opportunities for Forwarders in Evolving Freight Market

The British International Freight Association (BIFA) predicts that 2025 will bring opportunities for the international freight forwarding and logistics sectors, driven by rising global trade, e-commerce, and technological innovation. Other areas of focus include automation, digitalization, and sustainability. The International Monetary Fund (IMF) projects a 3.2% rise in global trade volumes as geopolitical tensions ease,

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Articles

Ti Reports Ocean Carriers as Clear Winners in 2024, Airfreight “a beneficiary of uncertainty”

Ocean and air freight rates have climbed significantly in 2024, driven by unpredictable market dynamics, according to Transport Intelligence (Ti). Ocean freight rates remain 117.6 points above January levels, with no immediate return to pre-crisis levels expected. Xeneta’s chief analyst, Peter Sand, highlighted ocean carriers as the year’s “financial winners,” noting their shift from loss-making

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Press

Shipco Transport Celebrates 25 years of Business in the Baltics

[Tallinn, Estonia] — Shipco Transport is proud to celebrate our 25th anniversary in the Baltics region. Shipco Transport first entered the market in 1999, establishing initial operations in Tallinn, Estonia, as a central coordinating office for all activities in the Baltics. Building on its success, Shipco Transport expanded in 1995, opening offices in Riga, Latvia,

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Videos

Strong Partnerships are at the Core of Shipco’s Strategy for Global Logistics Efficiency

Fragmented logistics networks often require businesses to work with multiple providers, leading to inconsistent standards, limited visibility, communication challenges, and scalability constraints. Robert Zorzi, Regional COO – Americas, and Jakob Bluhme, Global CCO – Global Accounts, explain how Shipco unites multiple neutral consolidation providers under the WorldWide Alliance (WWA) and utilizes a dedicated digital platform

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Articles

Look to 2025 with some Caution, says IATA Chief

Air cargo demand stayed strong in October, growing for the 15th straight month, but IATA warns that 2025 might be challenging. Global air cargo demand measured in cargo tonne km (CTK) terms rose by 9.8% year-over-year (y/y) in October. Capacity measured in available CTKs increased by 5.9%, and the cargo load factor grew by 1.7

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Articles

Air Cargo Players Cautioned Against Over-reliance on E-commerce Amid Surge

Senior air cargo executives have urged a balanced approach toward the booming e-commerce sector, stressing the importance of maintaining relationships with traditional customers. There was agreement among industry leaders at TIACA’s Air Cargo Forum in Miami that long-term growth depended on supporting traditional clients and ensuring capacity remains available for them. The head of cargo

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Articles

Top 20 Airports Handle 42% of the World’s Cargo

Cargo traffic remains concentrated at the world’s main hub airports, with the top 20 airports handling around 42% of global volumes, despite a -3.2% decline year-over-year, according to ACI World. Global air cargo volumes fell by -1.8% in 2023 to 115 million tonnes, but top airport rankings remained steady. Hong Kong held first place, followed

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Articles

Airlines Boost Capacity, NRF Projects 3.5% Holiday Spending Growth

Airlines are increasing capacity on Asia Pacific-North America routes as the disruptions from China’s Golden Week eases and preparations for the Christmas rush begin. The U.S. National Retail Federation (NRF) expects holiday spending to rise between 2.5% and 3.5% compared to last year, with e-commerce projected to grow between 8% and 9%, reaching $297.9 billion.

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