Transatlantic capacity is returning to the air cargo market as airlines ramp up their summer schedules to meet rebounding passenger demand

The airfreight industry is rolling out environmentally-minded initiatives

Rising prices and sagging exports hurt manufacturing orders during the typically busy month of March, amid Russia's invasion of Ukraine and COVID-19 shutdowns in China

With global oil prices jumping to over $100 per barrel on Tuesday, largely due to the war in Ukraine, shippers could see fuel surcharges as trucking fleets and small carriers pass on the costs.

Supply chain issues limited its customers' available inventory for e-commerce orders and many shoppers went to brick-and-mortar stores to seek in-stock items.

With the holidays, shipping has become harder with delays, surcharges and return.

Poor schedule reliability, coupled with high consumer demand, has handed shippers and forwarders a myriad of challenges.

Today, at COP26, the major international climate summit, 19 countries – including shipping powerhouses such as the US, Japan, Germany, Norway, the Netherlands, the UK and Australia – joined the first ever framework to create zero-emission ocean shipping corridors, the Clydebank Declaration for clean shipping corridors.

Three reasons underpin why freight rates will not fall below pre-pandemic levels but three more that suggest they will not be substantially higher after 2023, writes Daniel Richards from MSI.