AIR FREIGHT The air freight sector has showcased remarkable resilience and growth throughout 2024, defying earlier predictions of a lackluster year. Driven by the booming e-commerce industry, air cargo has recorded consistent gains, with global full-market rates...

AIR FREIGHT The global air cargo market is experiencing significant changes as 2024 approaches its year-end peak season. Airfreight rates have surged, particularly from Asia, driven by solid e-commerce demand and strategic capacity shifts by airlines. In late October,...

AIR FREIGHT The global air freight market has shown remarkable growth so far in 2024. Demand has increased by double digits for eight consecutive months, and even analysts have been pleasantly surprised by this growth. Airfreight rates are surging, particularly on key...

AIR FREIGHT The air cargo market continues to experience robust growth, driven by increasing demand and various disruptions, like the one in the Red Sea. The industry has witnessed six consecutive months of double-digit growth from December 2023 to May 2024. The...

AIR FREIGHT The air cargo sector is experiencing a robust start to 2024, buoyed by a surge in e-commerce and the ongoing disruptions in other transport channels. Notably, the global air cargo tonnage saw a significant uplift in April, marking a 3% rise from mid to...

AIR FREIGHT The air cargo sector is experiencing a robust start to 2024, buoyed by a surge in e-commerce and the ongoing disruptions in other transport channels. Notably, the global air cargo tonnage saw a significant uplift in April, marking a 3% rise from mid to...

AIR FREIGHT In a year marked by continued supply chain disruptions and shifting trade dynamics, the air freight sector has charted a remarkable course of resilience and growth as it sails into 2024. Notably, the sector has not only sustained its momentum beyond the...

AIR FREIGHT Recently, key Asia-Europe sea-air hubs, including Dubai, Colombo, and Bangkok, have experienced a remarkable surge in air cargo volumes. This trend is primarily driven by shippers seeking alternatives to the container shipping disruptions caused by...

AIR FREIGHT The air freight industry experienced a notable increase in volumes this January, primarily influenced by the ongoing Red Sea crisis and the approach of the Chinese New Year. Despite this surge in demand, average rates showed a downward trend. Data from...

AIR FREIGHT Challenging conditions and dynamic demand trends characterize the air freight market. Nevertheless, with anticipations of a rate hike compounded by shipping disruptions and the early February Chinese New Year, the TAC Index reported a surprise 20.5% fall...

AIR FREIGHT The airfreight sector is currently navigating a peak season surge, with expectations for this trend to extend until the Chinese New Year potentially. Despite no definitive signs of a substantial Q4 peak, recent weeks have seen a slight seasonal uptick in...

AIR FREIGHT As the year winds close, global airfreight trends suggest a promising horizon for carriers. Indicators hint not just at the stabilization of rates but a slight upward nudge in specific trade routes. Despite the absence of explicit signs pointing to a...

I have had the privilege to join couple of recent projects in Wiima, where we have consulted our customers in outsourcing warehousing. In this article I want to share my experiences, the pros and cons of outsourcing and a few tips for selecting the third party...

Third-party logistics (3PL) and fourth-party logistics (4PL) play critical roles in today's complex global logistics. While 3PLs concentrate on specific supply chain elements, such as transportation or warehousing only. 4PLs have a strategic approach to managing and...

AIR FREIGHT Airfreight has been exhibiting a series of contrasting trends, reflecting the unstable dynamics of the sector. At the beginning of September, rates had experienced a downturn, reaching their lowest since the inception of the pandemic. Data from multiple...

AIR FREIGHT Air cargo activity at major European hubs hasn't yet bounced back to pre-pandemic figures, suggesting the market is either stagnant or gradually recovering. Last month, Europe's leading air cargo hub saw a modest rise of 2.3% from the previous year,...

When the companies are built, they are built around a great product idea. But when moving those products around and sending them to market, companies realize there is a big challenge in managing global logistics. Much of the organization's resources, time, and effort...

As businesses continue to expand globally, the complexities of managing project-based supply chains have risen dramatically. Each project often involves a unique web of interconnected operations, making it increasingly challenging to maintain efficiency, risk...

AIR FREIGHT Air Cargo continues to navigate a challenging landscape with soft demand, capacity increases, and ongoing downward pressure on rates. The recurring trends will persist through Q3 across all markets and lanes and currently show no signs of notable demand...

AIR FREIGHT Air cargo rates have shown a slight increase, indicating a slight tightening in the air cargo market, according to reports from indices and forwarders. Last week, the Baltic Air Freight Index increased by 1%, breaking a streak of weekly declines. In...

AIR FREIGHT As we transition into the summer months, the air freight sector continues to navigate intriguing market dynamics. From a period of high demand and soaring prices, the landscape is shifting towards softening demand and swelling capacity, decreasing air...

AIR FREIGHT In the first quarter of the year, transport and logistics capacity demand was low, while retail trade dropped 12 points below expectations. This has left the air freight markets in a fragile state. However, there is hope for air cargo as interest rates...

We are thrilled to announce that Jussi Laaksonen has joined Wiima Logistics as a Key Account Manager. Jussi brings with him a wealth of knowledge and experience in sourcing, procurement, supply chain management and logistics. Jussi has held senior management positions...