Air cargo volume growth will be halved in 2025, but it will still be a good year for carriers due to continued ocean shipping delays, tight freighter capacity and strength in cross-border e-commerce, as reported in the International Air Transport Association (IATA) forecast.
President-elect Trump is Ready to Implement New Tariffs Upon Taking Office in January
With less than two months to go before being sworn into office again as the 47th President of the United States, President-elect Donald Trump is essentially picking up from where he left off during his term as the 45th President, in terms of his plans to implement tariffs. Which was a cornerstone of his pledges on the campaign trail, prior to being re-elected earlier this month.
National Aviation Day is Today: How is Your Air Cargo Kept Safe?
On August 19, 1939, President Franklin Roosevelt established the first National Aviation Day through a proclamation declaring Orville Wright’s birthday as an annual celebration of all things aviation. As an Air Freight service provider, BTX Global Logistics would like to recognize the impact of air cargo on the global economy and more importantly, how we have arrived at keeping your shipments safe.
Peak Season: It's Never too Early to Prepare for Retail Logistics
It’s never too early to prepare for the holiday peak season, especially with disruptions mounting amid solid consumer spending. Shippers and carriers are employing automation, data-based decision making, smart inventory management strategies, and tapping into lessons learned from last year to get into position for the 2024 peak season.
Understanding FLOW and How it Benefits the Supply-Chain Industry
The Freight Logistics Optimizations Works Initiative (FLOW) is a first-of-its-kind private-public partnership led by the U.S. Department of Transportation (DOT) that creates a more complete shared picture of the U.S. supply chain for members, which includes the nation’s busiest container ports, major ocean carriers, and some of the largest retail importers.
Lunar New Year is Approaching: Are you prepared for its logistical challenges?
The Chinese New Year, also known as the Lunar New Year or Spring Festival, is one of the most important holiday periods in East Asia. For shippers, it presents specific logistical challenges. Production slows down, operations are limited, schedules get disrupted, and transportation gets delayed leading to significant supply chain disruptions.
Ocean Container Rates hit $10,000 as Inflation Soars Amidst the Red Sea Crisis
With 158 vessels carrying approximately $105 billion in ocean freight being diverted away from the Red Sea amid the risk of continuing Houthis’ attacks, cargo prices are soaring.
National Motor Freight Classification Changes Take Effect on 8/05/23
In an effort to establish fair measures and standardize freight pricing, the National Motor Freight Traffic Association (NMFTA) created the National Motor Freight Classification (NMFC) system that classifies all commodities in the United States into one of 18 classifications. Effective August 5, 2023, there will be several changes to classifications that you should be aware of as a shipper.
Read MoreCanada's Federal Government Strike and Its Impact On Your Cargo
CANADA - Over 155,000 public sector workers are on strike, effectively shutting down approximately 30 different government departments in Canada.
Read MoreEU: Import Control System 2 (ICS2) Release 2 Takes Effect March 1st
Beginning March 1 2023, freight forwarders, air carriers and all economic operators involved in handling, sending, shipping and transporting cargo, express or postal consignments to or via the EU by air are required to comply with new advance data reporting procedures know as Import Control System Release 2 (ICS2).
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