In the ever-evolving landscape of global commerce, agility is the name of the game. Businesses today are not just competing on the basis of their products or services; they’re also in a race against time. In this fast-paced environment, where market demands can change in an instant, the ability to swiftly adapt and respond is […]
The last two years have been all about shortages—from basic goods like toilet paper and cream cheese to chips for cars and now airplane parts. Airlines are having difficulties finding engines and other parts to fix planes that require maintenance. This is leading to more flight delays and cancellations, making it challenging for carriers to […]
Congestion was already an issue for some U.S. airports, and COVID-19 virus has made some of these problems even worse. While international passenger terminals stay empty of passengers, there is a backlog of cargo. The increase in medical supplies because of the global pandemic as well as an uptick in e-commerce order from homebound consumers […]
Last year saw an extraordinary rate of growth for air cargo. No one expected 2019 to replicate that level of demand. Still, even with mild expectations, the global air freight market has been strikingly weak in the first half of 2019. The International Air Transport Association (IATA) previously forecast an average annual growth rate of […]
As Hong Kong enters its tenth week of increasingly violent and disruptive demonstrations, both companies and the people on the ground are growing increasingly nervous. On Friday, roughly a thousand protestors dressed in black staged a sit-in at Hong Kong international airport, distributing flyers, and chanting “Do You Hear the People Sing?” from Les Miserables. […]
In the wake of the Ethiopian Airlines crash that left 157 people dead, leaders around the world are questioning whether regulators are doing enough to prevent these tragedies. Aviation safety is a critical issue, not just for passengers’ peace of mind, but to a global economy that relies on confidence in the people who build, […]
Shippers trying to secure air freight in recent weeks have found themselves caught in an unexpected rate hike and capacity crunch, as rates doubled and even tripled, particularly for cargo passing through Europe or Asia. The holidays are over, but industry leaders are confident that higher rates are here to stay, fueled by the demands […]