The year 2022 started against the background of market volatility. As per a report from Clive Data Services, in January 2022 the air freight shipping industry recorded just a 0.1% increase in air cargo volumes compared to the same time last year. Nevertheless, this volume was at par with the pre-pandemic level with a 0.2%…
The Cooperative blog
Tag: air freight shipping industry
A look at the air freight capacity in the upcoming peak season
As the peak shipping season draws near, the spot rates for Asia to Europe have increased by a whopping 30%. The shutdown of the Yantian Port in the second quarter of this year followed by the Coronavirus outbreak at the Ningbo Port in China witnessed massive disruption and capacity losses. The repercussion of the disruptions…
Kannur International Airport expands flight services and commences cargo operations
Kannur International Airport (KIAL) in Kerala started its operations less than 3 years back, is quickly transforming into an important cargo handling hub in India. It lies 28 km from Kannur town and serves several regions in the districts of Kerala, Karnataka, and Pondicherry, India. Within the first nine months since its opening, this airport…