UNCTAD Report: Sharp Decline in Suez Canal Traffic Signals Global Trade Disruptions
The latest report from the United Nations Conference on Trade and Development (UNCTAD) highlights significant disruptions in global trade...
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Top 5 Japan Freight Forwarders in November 2023
The November 2023 rankings of Japan's international airfreight carriers have been released, with Nippon Express in first place with...
Nippon Express Soars to Top Five Global Airfreight Forwarders with Strategic Cargo-Partner Acquisition
Nippon Express Holdings has successfully acquired cargo-partner businesses in central and eastern Europe, solidifying its position as a...
CMA CGM Raises Asia to Mediterranean Container Rates Amidst Red Sea Threats
CMA CGM is set to raise Asia to Mediterranean container rates by 1.5 to 2 times starting January 15, citing security concerns in the Red...
CCFI Summary week 1
Ocean freight rates increased in South Korea (+4.5% week-on-week), via the East Coast of North America (+4.0%), and Europe (+6.6%)....
Air Cargo Forecast 2024: IATA Predicts 4.5% Growth Amid Rate Pressure and Revenue Shifts
In 2024, the International Air Transport Association (IATA) anticipates a 4.5% increase in air cargo demand, fueled by a projected 3.5%...
Top 5 Japan Freight Forwarders in November 2023
The September 2023 international airfreight forwarder rankings reveal that Nippon Express ranked first with 15,868 tons (-17.0% y/y),...
NIPPON EXPRESS Launches Innovative Maritime Service
NIPPON EXPRESS Holdings announced the launch of a new international maritime transport service, "Busan Hub × Japan Regional Ports,"...
CCFI Summary week 50
Ocean freight rates increased in South Korea (+4.7% week-on-week), via the East Coast of North America (+0.9%), and Europe (+4.1%)....
2024 Air Cargo Outlook: Cautious Optimism Amidst Uncertainties
Air cargo industry leaders are cautiously anticipating air cargo demand in 2024 to remain flat or experience modest growth, as discussed...
Top 5 Japan Freight Forwarders in October 2023
The September 2023 international airfreight forwarder rankings reveal that Nippon Express ranked first with 16,720 tons (-16.1% y/y),...
Lufthansa's New Service Slashes Shanghai to Zurich Transit Time by 40%
Lufthansa Cargo (DLH/LH) has launched a new emergency freight forwarding service, td.Zoom. The service will transport cargo from...
CCFI Summary week 44
Ocean freight rates increased in Korea (+2.8% week-on-week), via the East Coast of North America (+0.4%), and via the West Coast of North...
Top 5 Japan Freight Forwarders in September 2023
The September 2023 international airfreight forwarder rankings reveal that Nippon Express ranked first with 17,026 tons (-19.7% y/y),...
DHL Express and Singapore Airlines Launch New Freight Route Between Singapore and the US
DHL Express and Singapore Airlines (SIA) have launched a strategic partnership, introducing a new freighter flight route between...
CCFI Summary week 41
Ocean freight rates decreased in Korea (-1.9% week-on-week), via the East Coast of North America (-4.3%), via the West Coast of North...
ANA Holdings Restructures Cargo Operations as Part of Strategic Moves for NCA Acquisition
In a significant development, ANA Holdings has decided to suspend its collaborative air cargo operations with Lufthansa Cargo (LHA/LH)...
Top 5 Japan Freight Forwarders in August 2023
The rankings for international airfreight cargo volume from Japan in July 2023 have just been unveiled. Nippon Express claims the top...
Airfreight Rates in Hong Kong and Frankfurt Show Signs of Stabilization
In a welcome development, airfreight rates out of Hong Kong and Frankfurt have started to stabilize after several months of decline. The...
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