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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.
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.
CANADA - Over 155,000 public sector workers are on strike, effectively shutting down approximately 30 different government departments in Canada.
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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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Source: ReportLinker
The total movement of products over an inland transportation network is referred to as freight transport. All supply chains and logistical systems rely heavily on freight transportation. The market’s growth is linked to the affordable shipping costs set by suppliers of freight transport services and the many free trade agreements between nations.
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