Air cargo industry faced stress test in 2023

The air cargo industry underwent a serious stress test in 2023 as collapsing market demand and rates dragged down revenues, forcing many all-cargo carriers to scale back operations, postpone aircraft investments and tighten budgets, before a late resurgence in volumes lifted offered hope for a better 2024.

The course correction from 2021, when airfreight business skyrocketed to record highs as businesses looked for ways to overcome broken supply chains during the pandemic, began in early 2022...

https://www.freightwaves.com/news/air-cargo-industry-faced-stress-test-in-2023

Check Call: Might have missed the 2023 mark a little

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Welcome to Check Call, our corner of the internet for all things 3PL, freight broker and supply...

https://www.freightwaves.com/news/check-call-might-have-missed-the-2023-mark-a-little

Air cargo 2022: What went right and what went wrong

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Turbulence characterized the air cargo industry in 2022 for the third consecutive year. 

The easing of COVID conditions in most of the world was positive for reopening trade, but the recovery wasn’t always smooth for airlines, airports and aircraft manufacturers. China continued to maintain a series of lockdowns that constrained air traffic. The biggest shock to the system was Russia’s invasion of Ukraine, which drove up fuel prices and helped send the airfreight market into a steady decline for...

https://www.freightwaves.com/news/air-cargo-2022-what-went-right-and-what-went-wrong

Young Shipping Australia – a year in review

Pictured: young professionals gather to work on an online project. Photo credit: Jason Goodman via Unsplash.

Despite a strong COVID headwind, 2021 has been another productive year for the NSW Branch of Young Shipping
Australia (YSA). YSA is a non-profit organisation for maritime professionals under the age of 35 (although we generally do not check IDs at the door).

YSA had a detailed programme of social events (during those periods of the year when we were not in lockdown!) and a programme of...

https://www.shippingaustralia.com.au/young-shipping-australia-a-year-in-review/

A very WHAT THE TRUCK?!? Christmas (with video)

It’s the most wonderful episode of the year as Dooner and The Dude reflect on 2020 with the whole FreightWaves crew.

2020 has put us through the wringer, but it hasn’t stopped the wheels from turning at FreightWaves and DEFINITELY hasn’t stopped the passion and excitement on our team. 

Dooner and The Dude are welcoming all our FreightWaves hosts to the WHAT THE TRUCK?!? stage for one last holly jolly hurrah; you’ll hear from founder and CEO Craig Fuller, President George Abernathy, the Great...

https://www.freightwaves.com/news/a-very-what-the-truck-christmas-with-video

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