#air-freight-surge
(4 articles)Red Sea Crisis Keeps Container Rates High Through September
The ongoing Red Sea crisis shows no signs of resolution, compelling container freight rates to remain elevated through at least September 2024, according to logistics analyst T3ex. This extended timel
Expeditors posts 32% revenue jump on air freight surge and hyperscaler demand
Expeditors International delivered a notably strong second quarter with revenue climbing 32% to $3.5 billion, signaling renewed momentum in global freight markets. The standout driver was air freight,
Japan Services PPI Holds at 3.3% Amid Freight and Fuel Cost Surge
Japan's May services Producer Price Index (PPI) maintained a holding pattern at 3.3%, masking significant underlying volatility in transportation costs. The headline stability conceals a sharp diverge
Japan Services PPI Holds at 3.3% as Fuel Shock Drives Freight Costs Up
Japan's services Producer Price Index (PPI) remained flat at 3.3% in May despite mounting pressure from energy costs, particularly in freight and air transport sectors. The article highlights a critic