May 22, 2024

SME forwarders must adapt to airfreight market dynamics or lose business
The soft airfreight market has seen small and medium-sized forwarders gaining market share, but they will need to improve in some areas to retain that share.  Fiata chairman Turgut Erkeskin told delegates at the ACE air freight forwarding event in Abu Dhabi today that the market offered prime opportunities for smaller forwarders that can specialise ...
by admin_ace
May 22, 2024

Geopolitical shocks pose the greatest threat to supply chain health
Geopolitics is the greatest risk facing forwarders and the air freight industry in 2024 – despite the potential for disruption to boost air cargo. Political crises were the number one concern, agreed delegates at the ACE air freight forwarding event in Abu Dhabi yesterday. “Geopolitical tensions are affecting our business,” said Turgut Erkeskin, president of ...
by admin_ace
May 22, 2024

‘Speed-dating’, a refreshed FIATA and a newly emboldened air cargo industry
The market may be challenging; the mood for 2024 muted – but there is a breath of fresh air running through the air cargo industry. The new ACE event, held this week in Abu Dhabi, was rare for an air cargo conference: it attracted forwarders – the missing but crucial link from most shows – and focused ...
by admin_ace
May 22, 2024

Pharma shipping is trendy, ‘but service and quality level just isn’t there’
Despite heavy marketing by some carriers and forwarders, standards in pharmaceutical logistics are not always as good as are billed, and should be further standardised, according to one pharma shipper. Yulia Ceretaria, head of logistics for Early Health Group, should know: she was global pharma director for Volga-Dnepr Group and AirBridgeCargo before making the rare ...
by admin_ace
May 22, 2024

Forwarders losing out on the ecommerce business driving airfreight demand
Larger forwarders have been slow to embrace ecommerce – but it is the sector currently driving demand in airfreight. Last week, airfreight rates out of China to the US rose 14%, to $5.91/kg, according to the TAC Index, while to Europe rates rose 11%, to $4.61/kg. Market players said this current demand is driven by ...
by admin_ace
May 22, 2024

ACE 2023 conference brings forwarders, GSSAs, and airlines together to focus on time critical logistics challenges
Delegates at the three-day event in December will hear from experts on e-commerce logistics ecosystems, digitalization, and Middle East opportunities Abu Dhabi, UAE, [DATE]: The ACE 2023 networking and conference event, from the 4th to the 6th of December, will host thought leaders from across the air cargo industry to discuss the challenges and opportunities ...
by admin_ace