21
Apr
In this week’s Roar: Air cargo rates up, electronic tariff refund Phase 1, new emergency surcharges, the state of the global maritime system, and how AI is handling operational bottlenecks.
Since mid-March, air cargo rates are up 10% as the war in Iran has squeezed capacity, pushed up oil prices, and disrupted flights across the Middle East. Jet fuel costs have nearly doubled, resulting in new surcharges on many routes. For shipments where time is of the essence, there are now frequent delays averaging...