The surge in e-commerce has brought about a predominantly positive effect on air freight forwarders. Air cargo plays a vital role in generating up to 35% of an airline’s revenue, and within that, e-commerce shipments constitute approximately 22% of the total air cargo volume. E-commerce made its initial impact on the industry back in 2015…
Last year the air cargo sector went through turbulent times with a fall in demand, high fuel costs, grounded flights, and trimmed routes. The skyrocketing jet fuel price and the limited belly capacity because of grounded flights were some of the factors that pushed up the air freight rates. The air freight companies witnessed a…
Last year over sixty companies including carriers, fuel companies, and airports committed to using SAF or sustainable aviation fuels and making it 10% of the international aviation fuel supply by 2030. The widespread use of SAF instead of crude oil could help to place the air freight sector on the road to net-zero CO2 emissions…