With the surge in demand for air cargo, the booming e-commerce sector and high shipping costs have raised concerns. On one hand, airlines are competing to expand their capacity; on the other hand, industry executives are wary of the e-commerce bubble, emphasizing the importance of traditional customers. It is essential to carefully select transportation methods to balance profits with customer needs.
In July 2024, China's export container transportation market showed stable improvement with an overall increase in freight rates, as the freight index for major routes generally rose. Despite ongoing challenges affecting the European and North American markets, port throughput has been trending upwards, and the ship leasing market remains active, demonstrating the resilience and potential of the container shipping market.
The Port of Long Beach, as the second busiest port in the United States, not only facilitates extensive trade but also serves as a core of Southern California's economy. Its advanced facilities and convenient transportation make it a key player in international shipping. With continuous growth in throughput, the Port of Long Beach will continue to play a critical role in global trade.
The Warsaw Convention has been in effect since 1929, regulating the legal framework of international air transportation. This article analyzes the definitions and scope of the convention, as well as the specific requirements for documents such as passenger tickets, baggage tickets, and air waybills. It particularly emphasizes the importance of these regulations in safeguarding the rights and interests of all parties involved.
This article analyzes four common codes used in international air transport, highlighting the differences between IATA two-letter codes and ICAO three-letter codes, as well as the coding systems for airports and air waybills. Additionally, a summary of codes for both domestic and international airlines is provided to serve as a clear reference guide for the air transportation industry.
This article analyzes the eight key factors for international air freight inquiries, including product name, weight, packaging, airport information, flight requirements, waybill type, cargo readiness, and other service needs. Providing detailed information can enhance the accuracy of quotes, mitigate transportation risks, and ensure timely delivery of goods. Understanding these factors will greatly benefit the collaboration between shippers and freight forwarders.
The surge in passenger traffic at Heathrow Airport has sparked discussions about expansion, but the government has announced a delay in decision-making. A new runway could enhance transportation capacity and economic growth, yet high costs, relocation issues, and environmental concerns pose obstacles. The divide between supporters and opponents is increasing, and further delays in decision-making may impact the airport's operations.
The International Air Transport Association (IATA) divides the world into three main regions to facilitate the establishment of fare calculation rules. IATA Region 1 includes the Americas and related islands, Region 2 covers Europe and parts of Africa, while Region 3 primarily pertains to Asia and Oceania. This regional classification is a crucial foundation for understanding fare structures in the air transportation industry.
This article presents the important air freight rate manual TACT (The Air Cargo Tariff), first published in 1975 and currently co-published by several airlines. TACT is divided into three main parts and includes all rules and detailed rate information for international transport. Understanding how to use TACT enables transportation professionals to obtain precise quotes, thereby enhancing decision-making efficiency and market competitiveness.
In the competitive transportation market, freight forwarders need to pay attention to the risks of prepaid freight clauses, the rights of bill of lading holders, and the identity of the actual freight payers when collecting freight charges. By establishing reasonable contractual agreements and selecting reputable charterers, freight forwarders can effectively protect their interests, ensure timely collection of freight, and reduce economic risks.
