air cargo, Iran conflict
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Ships are rerouting, air cargo is tightening, and companies are adding new war risk surcharges as the Middle East conflict disrupts supply chains.
Even though most of what moves around the world travels by ocean freight, a growing volume of goods travels via plane, with about 13% of that air cargo passing through the Gulf.
By Allison Lampert, Lisa Baertlein, Julie Zhu and Tim Hepher March 5 (Reuters) - Shipments ranging from fresh produce to airplane parts are in limbo as Middle East conflict squeezes cargo capacity and pushes up freight rates.
Escalating conflict in the Middle East is beginning to ripple through global freight markets, with air cargo networks experiencing immediate disruption as key
This exciting partnership gives Pacific Air Cargo a great opportunity to demonstrate our expertise in shipping
Prospects of participants of the Zacks Transportation - Air Freight and Cargo industry are being hit by uncertainties related to slowing global economic growth and inflationary pressure. The recent sharp rise in oil price after Saudi Arabia and Russia ...
Former international cricketer AB de Villiers was roped in as the face of transport logistic India 2026. Widely respected for his global career and reputation
cargo.one has acquired ocean rate platform Cargofive and launched what it describes as the industry’s first AI-native operating system for multimodal freight. The move unifies air and ocean freight rate data into a single platform and is supported by around $20 million in investment from investors including Bessemer Venture Partners.
Not a subscriber? Apply online today. Beginning with the pandemic, air cargo has been experiencing a wrath of fundamental pressures: record high rates, tight capacity, mounting congestion at key gateways, and ever-present labor issues. However, the Russian ...
China-Europe cargo flights face longer routes and higher fuel costs after Middle East airspace closures, the Hong Kong Association of Freight Forwarding & Logistics says.