Covid-hit Lufthansa Cargo Cancel all Transit Freight via Frankfurt Hub

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 ...

Continue Reading →

No Relief From Elevated Air Freight Rates in Sight

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 ...

Continue Reading →

Airport Congestion and Staff Shortages Means Cargo is not Getting Picked Up

Attempts by air cargo handlers to encourage forwarders to pick up freight at weekends are failing, according to two senior handling sources.

While the congestion at several airports, notably Amsterdam and Chicago O’Hare, has eased, handlers claim one of the biggest issues is lack of freight movements between Friday and Monday.

“We are experiencing cargo not being picked up by forwarders – that’s a sweeping statement, but in general, dwell times are increasing,” said Robert Fordree, head of cargo for Menzies. “Forwarders are ...

Continue Reading →

Congestion Hits Air Cargo Flows – ‘Not seen this bad in 25 years’

Severe congestion across major airports appears to be hindering air cargo volumes.

Dynamic week-on-week global load factors fell 1.5% the week starting the 8th of November, according to the latest research from Clive Data Services.

The same week saw a 5.5% fall in global capacity, which should indicate higher load factors – but it seems demand fell.

While forwarders are reporting strong demand for air freight as the peak season takes off, the data suggests congestion on the ground is curbing volumes.

“There is ...

Continue Reading →