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After declining for several weeks, global air cargo tonnages increased slightly in the second full week of July, mainly driven by stabilising volumes ex-Asia Pacific, whereas rates continued their long-term decline. Figures for week 28 (10 to 16 July) show a +2% increase in tonnages compared with the previous week, while average worldwide air cargo […]

Russia and India are looking at expanding the use of the Northern Sea Shipping route that passes through the Artic and which could include the building of processing facilities, Russia’s Interfax agency reported on March 29. According to Reuters, Alexei Chekunkov, Russia’s minister for the development of the Far East and the Arctic, is visiting […]

The current disruption in the supply chain obviously has everyone’s attention. However, the current situation is not permanent, and the pandemic-induced bottlenecks in the system will eventually work themselves out. Hence, it is prudent to contemplate the nature of the market in 2023 and beyond already now, especially since some shippers are already negotiating freight […]