Korean Air feels impact of cargo demand drop
Korean Air (KAL/KL) is feeling the impact of the drop in global air cargo demand. Although the airline made revenue of KRW3.6tn ($2.8bn),...
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- Jan 15, 2023
CCFI Summary week 1
Ocean freight rates increased via the West Coast of North America (+0.7% week-on-week), decreased via the East Coast of North America...
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- Jan 4, 2023
NYK Outlook, Global Containerized Cargo Movement Slows in 2022
NYK held an online briefing for the press on the occasion of the publication of "Global Container Transport and Service in 2022," and...
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- Dec 24, 2022
Top 5 Japan Freight Forwarders in November 2022
The November 2022 international airfreight forwarder rankings for Japan have been released, with NX in first place with 19,113t (-14.7%...
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- Dec 22, 2022
CCFI Summary week 50
Ocean freight rates decreased via the West Coast of North America (-3.5% week-on-week), via the East Coast of North America (-5.4%),...
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- Nov 12, 2022
CCFI Summary week 44
Ocean freight rates decreased via the West Coast of North America (-5.6% week-on-week), via the East Coast of North America (-3.5%),...
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- Oct 29, 2022
Container transport between the U.S. and Asia, especially China, is declining
U.S.-based Descartes Datamine has announced container transport volumes from Asia to the U.S. (outbound) and from the U.S. to Asia...
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- Oct 23, 2022
IATA Air cargo market stable despite latest decline
IATA said the air cargo market is stable despite demand falling for the sixth month in a row in August. The airline association’s latest...
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- Oct 15, 2022
Airfreight rates on key lanes in Asia continue gradual descent in September
Airfreight rates on key trade lanes out of Asia continued to weaken in September despite the industry heading towards the peak season....
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- Oct 15, 2022
International cargo traffic from Japan to increase slightly in 2022
According to the "Outlook for the Economy and Freight Transport in FY2022 (Revised)" released by the NX Research Institute, exports of...
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- Oct 8, 2022
CCFI Summary week 39
Ocean freight rates decreased via North America West Coast (-11.3% week-on-week), North America East Coast (-4.6%), and Europe (-4.4%)....
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- Oct 8, 2022
Air cargo rates continue to soften
Global air cargo rates have continued to soften in September, according to the latest figures from WorldACD Market Data. WorldACD said...
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- Sep 19, 2022
CCFI Summary week 37
Ocean freight rates decreased via North America West Coast (-8.3% week-on-week), North America East Coast (-0.5%), Europe (-2.7%), and...
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- Aug 31, 2022
Airfreight Export Consolidation from Japan (July 2022)
The Japan Air Freight Forwarders Association (JAFA) reported July air export consolidated shipments from Japan totaled 83,465 tons...
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- Aug 15, 2022
CCFI Summary week 34
Ocean freight rates increased via the West Coast of North America (+0.5% week-on-week) and South Korea (+1.9%). Freight rates via the...
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- Aug 11, 2022
Air cargo volumes down again while rates continue to cool
Air cargo demand declined compared with a year ago for the fourth month in a row in June, according to the latest statistics from Xeneta,...
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- Jul 23, 2022
Global air cargo traffic fell 8.3%
According to the International Air Transport Association (IATA), global air cargo traffic fell 8.3% in May from the same period last...
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- Jul 23, 2022
CCFI Summary week 29
Ocean freight rates decreased via the East Coast of North America (-1.7% week-on-week), via the West Coast of North America (-2.5%),...
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- Jul 9, 2022
Airfreight Export Consolidation from Japan (May)-9% Airfreight Export Volume
Airfreight exports from Japan in May totaled 85,581 tons (-9% y/y), according to the Japan Air Freight Forwarders Association (JAFA)....
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- Jul 2, 2022
International Logistics Disruption, Continued Uncertainty Around the World
The Ministry of Land, Infrastructure, Transport and Tourism (MLIT) held a public-private information sharing meeting on international...
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