Tag: Global trade
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Air Cargo Grows While Passenger Traffic Falls
Global air cargo demand rose 6 percent in May even as airline passenger traffic fell 2.2 percent over the same month, with war disruption...
Hormuz Toll Plan Threatens Global Trade Costs
Iran and Oman have proposed jointly charging fees on ships transiting the Strait of Hormuz this month, a plan Washington opposes but that could...
Air Cargo Rates Hold A Third Above Last Year
Global air cargo rates are holding about a third higher than a year ago, near $3.24 a kilo in mid June, data from WorldACD...
Middle East Conflict Drives Global Air Cargo Rates Higher
Worldwide air cargo rates are up 33 percent from a year ago, with Middle East and South Asia routes leading the increase as airspace...
IMF Warns Conflict Is Disrupting Global Transport Networks
The International Monetary Fund (IMF) has warned that the Middle East conflict is disrupting global shipping and air routes, threatening trade, growth and the...
