Lufthansa Cargo: Ukraine crisis will cause 10% global capacity drop
Lufthansa Cargo expects global market capacity will be approximately 10% down as a result of the Ukraine invasion. Speaking at a press conference, Lufthansa Cargo chief executive Dorothea von Boxberg said this is because of restrictions for global fleets. Russian carriers
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
2022 set to be the year of charter operations for freight forwarders
It seems that 2022 will once again be a year of cargo charter flights for freight forwarders. James Gagne, president and chief executive of Seko Logistics, outlined a challenging market for freight forwarders in 2022. He highlighted ongoing issues in ocean shipping,
Putzger perspective: The challenge of finding cargo capacity
As the industry battles with the latest wave of disruption from Covid-19 traditional thinking and practices are becoming redundant, if not outright liabilities, writes Ian Putzger. The Omicron virus may be less deadly than prior variants of the virus, but it
Heavy lift looks to recovery from pandemic pressures
Industry stakeholders are somewhat optimistic about the future of heavy lift, although pandemic challenges remain, writes Michael Mackey. The heavy lift sector is looking forward to getting back to normal post-pandemic, although there is a debate about what that future will
