PSP Worldwide Logistics London Air Archives - Page 3 of 7

Freight market report – July 2023

A subdued peak season, followed by a lengthy slack period, will prompt further rate erosion and while the Asia to Europe sea freight trade-lane has been relatively healthy and positive in June, with record numbers of new- build capacity being…

Freight market report; October 2023

Normal(ish) operations continue at most Israeli sea freight terminals, but a backlog of vessels is growing and while some airlines have resumed services to Israel, the industry is still exercising caution and charter requests are becoming increasingly harder to fulfil.…

Global air freight market picks up

Despite the lowest expectations of a peak season, global air freight indices are recording rate rises on major east-west trades in October, as the industry entered the traditional peak season period. The latest figures from the Baltic Exchange Airfreight Index…

Air cargo poised to benefit from sea freight’s reliability

With sea freight schedule reliability currently just over 60%, air freight could be buoyed if the anti-trust rules imposed by the EU further impact reliability next year. For many shippers reliability is their most important selection criteria and often that…

Freight market report – April 2023

Things have not been easy for the container shipping lines in recent months, but this appears to be changing, with full ships and stabilising spot rates, after months of rate erosion and abundant capacity. The International Air Transport Association (IATA)…

Freight market report – June 2023

While Europe’s GDP growth is projected to slow to 0.7% in 2023, record volumes of new ships are joining a global fleet, which is sailing at ever slower speeds, as the shipping lines attempt to absorb additional capacity, by diminishing…

Freight market report – May 2023

Capacity utilisation had remained high from Asia, primarily due to blank sailings and a slight recovery in cargo, but utilisation levels slipped due to China’s Golden Week holidays and while global air freight capacity was up 15% last month, rate…

New Heathrow ‘sensitive’ cargo handling facility

The opening of IAG Cargo’s ‘New Premia’ facility and the addition of critical cargo handling capability at our local airport will offer greater efficiencies for temperature sensitive consignments. The New Premia incorporates IAG Cargo’s state-of-the-art Constant Climate Quality Centre, which…