Airfreight capacity in Europe hits its limit

Airfreight in Europe has hit capacity for the first time in at least ten years and it has seen some shippers paying sky-high air rates to get their shipment loaded, according to the Freightos International Freight Index. Freightos Webcargo chief executive officer, Manel Galindo says: “While ocean freight rates are still tanking, airfreight is at […]

WorldACD: best peak season in years

Air cargo had its “best peak season in years” and is shaping up to be one of the better ones in a long time, according to WorldACD. In its report for November, the data market analyst says the USD-yield has gone up with a much larger percentage than in previous years, while the month showed an acceleration […]