Tokyo Port Trade in July: Record High Imports and Exports
According to the preliminary report released by Tokyo Customs Tokyo Port's trade data for July 2023 showed a 13.7% year-on-year increase...
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- Aug 17
Hong Kong Airfreight Rates Flat Compared to June, Up from Last Year
In July, airfreight rates from Hong Kong remained stable compared to June but were higher than last year. The Baltic Exchange Airfreight...
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- Aug 17
CCFI Summary week 31
The trend in shipping rates shows an increase for Korea (+5.4% compared to the previous week) and Europe (+0.9%). Conversely, rates have...
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- Jul 15
Airfreight Rate Continue to Rise
The Baltic Exchange Airfreight Index (BAI) shows rising rates from Hong Kong to Europe and North America, increasing year-on-year and...
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- Jul 15
CCFI Summary week 27
Ocean freight rates increased via the West Coast of North America (+6.1% week-on-week), Europe (+7.7%), via the East Coast of North...
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- Jun 23
CCFI Summary week 24
Ocean freight rates increased via the West Coast of North America (+9.6% week-on-week), Europe (+9.0%), and via the East Coast of North...
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- Jun 8
African Airfreight Market Shows Signs of Recovery
The African airfreight market has faced challenges in recent years, but there are now signs of improvement. According to IATA, African...
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- Jun 8
Top 5 Japan Freight Forwarders in April 2024
The ranking of international air cargo forwarders from Japan for April 2024 has been revealed. The top spot was taken by NX with 17,395...
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- May 18
CCFI Summary week 19
Ocean freight rates increased via the West Coast of North America (+1.5% week-on-week), Europe (+4.0%), and Korea (+3.3%). Freight rates...
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- May 2
Airfreight Rates from Hong Kong Surpass Last Year's Levels Amid Surging Demand
Rates for airfreight services from Hong Kong to Europe and North America have surpassed last year's levels, driven by booming e-commerce...
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- Apr 13
Global Air Cargo Market Sees Continued Growth in March 2024
Global air cargo demand increased by 11% year on year in March for the third consecutive month, driven by factors like e-commerce and...
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- Apr 13
CCFI Summary week 14
Ocean freight rates decreased via North America East Coast (-3.9% week-over-week), North America West Coast (-2.8%), Europe (-0.7%), and...
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- Mar 20
Air Cargo Rates Decline on East-West Trades in February 2024
Air cargo rates on major east-west trades in February continued their decline compared to last year due to the timing of the Lunar New...
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- Mar 20
Top 5 Japan Freight Forwarders in February 2024
The February 2024 Japan International Air Cargo Forwarder Ranking has been revealed. The top spot goes to Nippon Express with 15,582 tons...
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- Mar 9
Asia Pacific Airlines Soar: Strong Start in 2024 for Cargo and Passengers in Asia Pacific
In January 2024, Asia Pacific airlines saw a strong start for both cargo and passengers, as reported by the Association of Asia Pacific...
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- Mar 2
CCFI Summary week 9
Ocean freight rates decreased via North America East Coast (-1.9% week-over-week), North America West Coast (-3.8%), Europe (-1.7%), and...
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- Feb 18
CCFI Summary week 6
Ocean freight rates increased via the West Coast of North America (+8.4%) and via the East Coast of North America (+5.8%). Decreases were...
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- Feb 17
UNCTAD Report: Sharp Decline in Suez Canal Traffic Signals Global Trade Disruptions
The latest report from the United Nations Conference on Trade and Development (UNCTAD) highlights significant disruptions in global trade...
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- Jan 13
CCFI Summary week 1
Ocean freight rates increased in South Korea (+4.5% week-on-week), via the East Coast of North America (+4.0%), and Europe (+6.6%)....
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- Dec 29, 2023
Air Cargo Forecast 2024: IATA Predicts 4.5% Growth Amid Rate Pressure and Revenue Shifts
In 2024, the International Air Transport Association (IATA) anticipates a 4.5% increase in air cargo demand, fueled by a projected 3.5%...
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