Supply chain costs to rise as Ukraine crisis bites
Freight forwarders are warning of higher supply chain costs as the impact of the invasion of Ukraine disrupts transportation operations. The forwarding sector said the airspace restrictions imposed by Russia, European states, Canada, the UK and in North America were forcing
Air cargo capacity climbs but rates remain high
Air cargo capacity continued to edge back towards 2019 levels at the end of November but strong demand and congestion has continued to push up prices on the transpacific. Figures from Accenture’s Seabury Consulting show that air cargo capacity in the