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Spring 2022 has seen the lifting of mask mandates and lockdowns in many parts of the world as vaccination rates have increased or countries opt to return to normal for economic, political and quality-of-life reasons. One holdout, an enormous one, is China. As the world’s manufacturing center — China accounted for 28.7% of global manufacturing
Changes made by carriers on weekly basis have remained stable in recent weeks: Alan Murphy, CEO, Sea-Intelligence
According to Freightos, a digital booking platform for international shipping, the company's digital bookings increased 300 percent year over year and added several new airlines as its customers that...
A surge of cancellations of international passenger flights in China due to outbreaks of COVID-19 are combining with rising jet fuel costs and lower capacity stemming from the war in Ukraine to push airfreight rates higher. (Photo: WFS) Shenzhen is facing renewed lockdowns closing warehouses and factories, which are scheduled to last until March 20
Severe capacity reductions are likely to trigger a spike in airfreight rates on routes to and from Asia due to the closure of Russian airspace and the withdrawal from the European cargo market by Volga Dnepr Group’s AirBridgeCargo Airlines (ABC) and Atran affiliates. Photo courtesy of Hong Kong International Airport. “ABC leaving will drive the