Tags: Xeneta

Global IT failure will add further pressure to already-strained air cargo supply chains

22nd July 2024

A global IT failure that impacted major airports and airlines will cause disruption and delays to air cargo services that could take days or even weeks to fully resolve. The IT failure, which took place on Friday, affected Microsoft systems and has seen thousands of flights grounded or delayed at the world’s largest air freight […]

Cooling Transatlantic Market Sees Average Air Cargo Rates Dip 30% Between April and June

6th July 2022

Global air cargo volumes fell again in June, down 8% year-on-year, with additional summer airline capacity continuing to apply a downward pressure on airfreight rates, especially on the North Atlantic which has seen a 30% decline over the past three months, according to the latest weekly air cargo market intelligence from industry analysts CLIVE Data […]