F.S. Mackenzie Limited

📢 Not much to smile about in air freight, if you're not carrying e-commerce

The e-commerce market out of southern China remains strong in air cargo – but that appears to be the only joy on the horizon for carriers.

Indices this week show global demand is still weak, and rates going nowhere.

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Not much to smile about in air freight, if you're not carrying e-commerce The e-commerce market out of southern China remains strong in air cargo – but that appears to be the only joy on the horizon for carriers. Indices this week show global demand is still weak, and rates going nowhere. TAC Index showed a slight decline in rates, after a mild bounce a week earlier, wh...

📢 How companies are taking control of their supply chain costs

The need for more investment in supply chains has been a common conversation in the C-suites of retailers, distributors and wholesalers for the better part of the last decade. As consumer brands advance their e-commerce ambitions, competitive and efficient home-delivery capabilities become a requirement.

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https://www.fsmac.com/post/how-companies-are-taking-control-of-their-supply-chain-costs

📢 The air cargo market continues to look weak – but economists, forwarders and airlines are confident it won’t – at least – get much worse.

WorldACD said yesterday tonnage and rates fell again in week 22, up to 4 June, with volumes down 4% week on week and rates down 1%.

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Air cargo still weak, but with some "bright spots for airlines to focus on" The air cargo market continues to look weak – but economists, forwarders and airlines are confident it won’t – at least – get much worse. WorldACD said yesterday tonnage and rates fell again in week 22, up to 4 June, with volumes down 4% week on week and rates down 1%. “Average pricing dec...

📢 Major carriers still on the hunt for tonnage to boost market share

Led by MSC and CMA CGM, ocean carriers are again scouring the charter and sales and purchase markets for tonnage to boost capacity and increase their market share.

With demand prospects improving, especially for the second half of the year, and freight indices showing weekly gains, some carriers are using the huge cash reserves accumulated over the past two years to bolster their networks and gain a commercial advantage over more conservative lines.

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https://www.fsmac.com/post/major-carriers-still-on-the-hunt-for-tonnage-to-boost-market-share