Global Aperture Winter holidays lift spirits, not cargo performance. Outbound air cargo performance flies lower across all regions a slight uplift of capacity. Sea freight capacity submerges deeper still as major ocean carriers plan for lower demand and announce measures to pass-through costs associated…
Global Aperture Container depots are full… of empties. 50+ blanked sailings in the final weeks of 2022 won’t make their returns any easier, and an impending G7-enforced price cap on Russian crude exports won’t help vessels move further—some may even become stranded at sea.…
Global Aperture Delegates of the G7 nations met this week to discuss pressing regional issues from the Russia-Ukraine War to reshoring cooperation with China. The upcoming ASEAN and East Asia Summits will likely shed more light on inter-bloc trade and economic policy as…
Global Aperture Some analysts project the air cargo market will see a demand spurt over the next 20 years, aligned with Boeing’s prediction that the global fleet size will grow by 80% in that same timespan—about 20% of new planes will likely be…
Global Aperture The enforcement of new environmental regulations arrives in 2023: Annual vessel data collected for the IMO’s Fuel Oil Consumption reports will be benchmarked for a 2% improvement between 2023-2030, and EU’s Emissions Trading Scheme will extend to shipping lines next year, requiring…
Global Aperture More economic foghorns sound as global cargo volumes and manufacturing output shrinks, leading to a growing number of idled cargo vessels and the proverbial benching of over 300,000 TEUs of capacity. Air market leaders contend that the e-commerce segment—making up approximately…
Global Aperture “When it rains, it pours.” The International Monetary Fund (IMF) lowered its global economic outlook amid high inflation and downside risks on multiple fronts, including reshoring efforts that risk “undermining efficiency”—a sentiment echoed by trade analysts who have observed the supply chain landscapes…
Global Aperture This year’s Golden Week brings a downturn to international shipping as more than 40 scheduled Asia-U.S. sailings have been canceled. Analysts now attribute supply chain disruptions to a combination of overstocking and labor actions. But other factors have also warped trade…
Global Aperture The US Federal Reserve announced a 0.75% key interest rate hike on September 21 to offset economic inflation—its fifth increase in 2022. Following the announcement, banks associated with the Gulf Cooperation Council (central banks of Saudi Arabia, the United Arab Emirates,…
Global Aperture Cargo airlines and trade analysts drop hints that fall-winter air demand may drop, attributed to recent earning reports from major transport operators and the oft-reported cargo disruptions and volatile fuel markets. But some global airlines remain optimistic, citing year-over-year recovering…