Prices from Asia Pacific origins up 22% YoY at $3.26 per kilo; rates from MESA up 58% YoY

#WorldACDMarketData #August #RedSea #AsiaPacific #MiddleEast #SouthAsia #MESA #aircargo #aircraft

“Trade finds the path of least resistance”, “cargo will always find its way”, “crazy”, “overwhelming”, are the terms used to describe the state of airfreight in Asia. However, beyond all the Red Sea, e-commerce, and trade war disruptions, the air cargo industry in the region is preparing for the future.

#Freightos #TACIndex #Xeneta #Hactl #BalticExchange #Asia #RedSea #ecommerce

Ocean freight market set to surpass Red Sea crisis peak

#Xeneta #RedSea #OceanFreightMarket #SupplyChain #PandemicImpact #Shipping

https://www.logupdateafrica.com/shipping/ocean-freight-market-set-to-surpass-red-sea-crisis-peak-1352246

The Red Sea attacks by Houthis on ships have affected the entire global trade however it has also inspired logistics companies to come up with new solutions. A shift of shipments from the ocean to other modes including air is observed, especially in Asia to Europe movements. How long will it continue?

#RedSea #RedSeadisturbsocean #Asia #aircargo #aircraft

Full-year air cargo demand reached a level just slightly below 2022 and 2019

#InternationalAirTransportAssociation #IATA #IATA2023 #aircargo #aircraft #RedSea

Increase in line with expectations that rates may spike following disruption to ocean shipping in the Red Sea

#Airfreight #TACIndex #RedSea #China #Europe #US #aircargo #aircraft

Air cargo volumes from Vietnam to Europe – a major trade route for apparel – spiked 62% in the week ending January 14.

#RedSea #Xeneta #Vietnam #Europe #aircargo #aircraft #RedSeacrisis

Blue Water created a transhipment solution and delivered the cargo by air charter to its destination.

#BlueWaterShipping #RedSea #China #Dilys #Syafizah #NationalAirlines #aircargo #aircraft

From India, rates to Europe were showing no immediate jump after events in the Red Sea but rising again to the US

#TACIndex #RedSea #China #Europe #India #US #HongKong #Frankfurt #Heathrow #Chicago #aircargo #aircraft

Red Sea attacks continue, no damages reported

#RedSea #Houthis #UKMTO #Maersk

https://www.logupdateafrica.com/shipping/red-sea-attacks-continue-no-damages-reported-1350827

There was little or no sign yet of any impact on air cargo prices from the disruption in ocean traffic caused by shipping being diverted from the Red Sea.

#TACIndex #Airfreight #RedSea #aircargo #aircraft

Maersk pauses all Red Sea transits

#RedSea #Maersk #HapagLloyd #MSC #SuezCanal #CapeofGoodHope

https://www.logupdateafrica.com/shipping/maersk-pauses-all-red-sea-transits-1350800