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Global Update – August 20th

As “super peak season” in sea freight adds more friction in the air market, consumer analysts warn that the prices of many goods, particularly agricultural produce, will increase as more big box retailers charter entire cargo vessels to keep inventories…

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Wawa Area Properties- Nov 2020Facemask-photo

World Market Update – August 12, 2021

Latest News Ningbo terminal closure and what if Covid hits more Chinese ports. The news that Ningbo Meidong Container Terminal had suspended operations on Wednesday over a single Covid case raises wider fears for the supply chain as the Delta…

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Global Aperture: July 30th

Global Aperture While IATA’s latest report shows year-over-year volume gains in June, passenger belly capacity is still far below pre-pandemic levels—offset in part by a nearly 30% increase in freighter capacity. Air freight recovery efforts in North America, Asia, and…

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Market Update: July 28, 2021

Latest News Canadian border workers may strike as soon as Aug. 6 Union representing 9,000 Canadian Border Service Agency employees voted in favour of striking, jeopardizing border reopening plans. Canadians could be facing mail disruptions and slowdowns at the border…

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Weekly Market Update: July 22, 2021

Latest News Ontario imposes restrictions in northwest as wildfires burn. New restrictions on mining, rail, construction, and transportation industries. Ontario imposed new restrictions on mining, rail, construction, and transportation industries in the province’s northwest on Tuesday to reduce the likelihood…

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CN Train Crossing

Weekly Market Update: July 14

Latest News Global Aperture: Global air cargo demand was up 9.4% on-year in May, according to the latest data analysis by IATA, with the economic recovery of most regions excluding Latin America contributing to this increase. Global air cargo capacity,…

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Hapag Lloyd Vessel - Essen Express

Weekly Market Update: June 23 2021

Air Freight Hat-trick of new cargo airlines plan for take-off. The past week has seen three new companies – in the UK, Italy and Vietnam – reveal plans to enter the allcargo market as prices and availability of capacity make…

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Holiday Cargo Rush

Global Update May 28, 2021

Overview That old industry adage about how 90% of the world’s goods move by ship is due for a revision with updated passenger destinations for the summer and stagnant sea freight conditions. With new long-haul flights poised to uplift pax-belly…

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