Posts Tagged 'Air cargo'

Lufthansa Cargo is the latest carrier to suffer operationally from an outbreak of Covid and has been forced to cancel all transit traffic through Frankfurt.

It has advised customers to cancel all transit bookings, saying in a note to customers: “We unfortunately see no other option at the moment than to take some measures at the Frankfurt hub. As of now… there will be a transit embargo for Frankfurt.”

It added that customers should cancel shipments which have not been delivered, while freight which has ...

According to consultants and analysts, shippers hoping for relief in air freight rates early next year can expect to be disappointed.

A host of factors, including the Omicron variant and its likely impact on belly capacity and lockdowns, spurring spending on goods rather than services, as well as a shortage of labour, could see pricing remain high.

“These factors should support persistently elevated air freight rates in our view, and any shippers looking for relief in the seasonal first quarter freight ...