NEWS
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Schedule Reliability Reaches 46.2% in August
Global schedule reliability recorded the largest month-on-month (M/M) improvement in August of 5.8 percentage points, reaching 46.2%.The average delay for late vessels improved sharply in August, dropping by -0.57 days M/M to 5.86 days. It marked the first time average delay dropped below t...
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Spot Rates Continue to Decline in ‘Jumpy’ Airfreight Market
eneral airfreight spot rates fell -9% year-on-year in September, below the 2021 level for the first time this year, as growing global cargo capacity continues to outpace air cargo volumes, CLIVE Data Services reported.Niall van de Wouw, chief airfreight officer at Xeneta said there are “no indica...
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WTO:Trade Growth to Slow Sharply in 2023
WTO:Trade Growth to Slow Sharply in 2023Global merchandise trade is set to slow next year, facing headwinds ranging from Russia’s war in Ukraine, high energy costs in Europe and the tightening of U.S. monetary policy leading to higher manufacturing costs and squeezing households, the World Trade ...
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