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If the past few years have taught the logistics industry anything, it’s that certainty is often in short supply. Air cargo businesses are making commercial decisions against a backdrop of constantly changing market conditions and incomplete information. As The Loadstar recently reported, the apparent ‘easing’ of the Middle East crisis means buyers are currently choosing to delay tender decisions and extend existing contracts rather than commit to new agreements at today’s ... The post Market volatility puts focus on decision making appeared first on The Loadstar .
If the past few years have taught the logistics industry anything, it’s that certainty is often in short supply. Air cargo businesses are making commercial decisions against a backdrop of constantly changing market conditions and incomplete information. As The Loadstar recently reported, the apparent ‘easing’ of the Middle East crisis means buyers are currently choosing to delay tender decisions and extend existing contracts rather than commit to new agreements at today’s elevated rates. After another period of geopolitical disruption and market volatility, many believe conditions may soften in the months ahead. Rather than locking themselves into long-term commitments, they are opting to wait for greater clarity. But speed of reaction is often just as important as, if not more important than, finding the perfect answer. Delaying decision-making while waiting for complete certainty can carry its own commercial risks. In volatile markets, real-time data and the ability to act on it quickly have become a significant competitive advantage. The businesses that perform best are often not those that predict every market movement correctly, but those that can assess changing conditions rapidly and respond with confidence. Whether rates ultimately rise or fall, this highlights a broader challenge facing the air cargo industry; increasingly, success is determined by who can make the most informed decisions when the future is uncertain. Volatility has become a near-permanent feature of the market. Over the past five years, air cargo businesses have navigated a succession of disruptive events, each creating sudden changes in demand, capacity and pricing. While the causes differ, the result is often the same: decision-makers are forced to act without complete information. Air cargo has historically relied heavily on experience, relationships and market intuition to navigate periods of uncertainty. These qualities remain invaluable. However, the pace and complexity of today’s industry means even the most experienced professionals are being asked to evaluate more variables than ever before. This is where the industry’s growing focus on digital infrastructure becomes important. Technology cannot eliminate uncertainty, but it can help organisations understand it more clearly. Businesses with access to timely, accurate operational and commercial data are often better positioned to assess risk and react to changing conditions. They can identify issues earlier, understand their implications, and make decisions with greater confidence. Perfect foresight will remain an unrealistic objective. Instead, the goal should be to create the conditions for better and faster decision-making. Many air cargo businesses still spend significant time gathering information before they can even begin making a decision. Commercial data, operational data and customer information often sit in separate systems, requiring teams to manually piece together what is happening across the business. Those responding most effectively to disruption are often those that have invested in data visibility across their operations. Data must be accessible, connected and capable of being analysed in the context of the wider business. Modern air cargo Enterprise Resource Planning (ERP) platforms are increasingly becoming the foundation for connected decision-making. By bringing commercial, operational and financial information into a single environment, ERP systems enable businesses to move beyond isolated datasets and gain a clearer understanding of how different parts of the organisation affect one another. At Awery, we see growing demand from businesses looking to consolidate information that has traditionally sat across multiple systems, spreadsheets and departments, with the aim of creating a complete, real-time view of the business. The value comes not only from collecting more information, but from having it readily accessible and actionable. The current hesitation among cargo buyers reflects a wider industry reality. Businesses are not necessarily looking for certainty. They are looking for confidence: confidence that they understand their exposure, confidence that they can respond quickly to changing conditions, and confidence that they are making decisions based on the best information available at the time. No technology can remove uncertainty from air cargo. But organisations that invest in visibility, data quality and decision-making capability will be better equipped to navigate it, and to act decisively when conditions change. This post was sponsored by Awery Aviation Software
By Mark Burton and Julian Luk Jun 21, 2026 (Bloomberg) –The Iran war caused one of the biggest supply shocks to ever hit the aluminum market, but the runaway price surge...
This week on News in Brief, host Charlotte Goldstone is joined by The Loadstar’s managing editor Gavin van Marle and publisher Alex Lennane for a wide-ranging look at the stories that shaped global freight markets over the last seven days. From the reopening of the Strait of Hormuz and yet another round of ocean carrier surcharges to allegations of a container manufacturing cartel and fresh takeover rumours involving MSC and Hapag-Lloyd, Mr van ... The post News in Brief Podcast | Week 25 2026 | Surcharges and software outage appeared first on The Loadstar .
This week onNews in Brief, host Charlotte Goldstone is joined by The Loadstar’s managing editor Gavin van Marle and publisher Alex Lennane for a wide-ranging look at the stories that shaped global freight markets over the last seven days. From the reopening of the Strait of Hormuz and yet another round of ocean carrier surcharges to allegations of a container manufacturing cartel and fresh takeover rumours involving MSC and Hapag-Lloyd, Mr van Marle breaks down the latest developments in container shipping. Meanwhile, Ms Lennane examines the fallout from a major CargoWise outage, the shifting balance between ecommerce and general cargo following US de minimis changes, India’s growing importance as an airfreight hub, and what shippers are really thinking about rates, capacity and contracts in today’s uncertain market. All you might have missed from the news cycle recapped in under 25 minutes! Watch the episode on YouTube and subscribe so you never miss an episode! https://youtu.be/SHf1tm80s2c Click here to receive an email notification every time we release a podcast.
By Julian Lee Jun 20, 2026 (Bloomberg) –Iran has resumed loading crude from its Kharg island export terminal after a break of about six weeks, following the lifting of a US...
Uno sciame sismico che ha provocato diffusi danni a edifici e infrastrutture, con successiva evoluzione verso il collasso della diga e conseguenti criticità nei territori situati a valle. (ANSA)
WASHINGTON, June 20 (Reuters) – The U.S. military on Saturday denied Iran’s claims that it had closed the Strait of Hormuz, saying the critical waterway remained open and that U.S. forces were...
By Weilun Soon and Alex Longley Jun 20, 2026 (Bloomberg) –Ships can consider transiting the Strait of Hormuz along the southern route at any time of day with their signals on,...
By Arsalan Shahla and Alex Longley Jun 20, 2026(Bloomberg) –Iran said it has closed the Strait of Hormuz for shipping transit due to what it called a violation of the ceasefire...
By Leslie Kaufman Jun 20, 2026 (Bloomberg) –The Trump administration is dropping near-term plans to dismantle a $386 million federal ocean-observing system after encountering resistance from scientists and Congress. Read Also: U.S....
PANAMA CITY, June 19 (Reuters) – One crew member was killed and two more injured after a drone attack on a Panama-flagged ship in the Black Sea, Panama’s Maritime Authority (AMP) said...
Sono sul piede di guerra le associazioni che assistono i residenti di Sestri Ponente per il risarcimento dei danni causati dal cantiere del ribaltamento a mare di Fincantieri. (ANSA)
Federal prosecutors have reached a deferred prosecution agreement with the chief engineer of the containership Dali, with the veteran Indian mariner admitting to conduct constituting a criminal violation of the Ports...
The overwhelming re-election of Genco Shipping & Trading’s board this week marked the latest chapter in a takeover battle that has pitted two of the dry bulk industry’s best-known names...
Iran is shipping large amounts of oil that had previously been held back by a US blockade, a potential boost for Tehran after it signed an interim peace deal with Washington on Wednesday.
Oil shipments through the Strait of Hormuz picked up on Friday after the United States and Iran signed a ceasefire deal, with Gulf producers preparing to raise exports despite concerns over conditions set by Tehran for using the vital waterway.
Less than 48 hours after President Donald Trump signed a memorandum of understanding with Iran to end the conflict and restore freedom of navigation through the Strait of Hormuz, Tehran...
By Lori Ann LaRocco – The already volatile security picture in the Strait of Hormuz has taken a sharp turn for the worse as Iran moves to assert de facto...
The European Union has clarified that its upcoming ban on Russian liquefied natural gas extends far beyond imports into Europe, prohibiting EU operators from transporting, trading or marketing Russian LNG anywhere in the world, a move with major implications for both shipping companies and European energy buyers.
Iranian crude oil flows appeared to surge following the lifting of a months-long US naval blockade on the Islamic Republic’s ports, even as visible traffic from its neighbors thinned.
A series of container freight spot rate hikes and general rate increases implemented on 15 June prompted another week of double-digit price rises on the transpacific and Asia-Europe trades. This week’s World Container Index (WCI) from Drewry saw the spot rate on its Shanghai-Rotterdam leg surge 15% week-on-week to finish at $4,342 per 40ft, while the Shanghai-Genoa route was up 12% to $5,756 per 40ft. “Strong peak season demand due to frontloading ... The post Spot rates surge again as carriers push through fresh July hikes appeared first on The Loadstar .
A series of container freight spot rate hikes and general rate increases implemented on 15 June prompted another week of double-digit price rises on the transpacific and Asia-Europe trades. This week’s World Container Index (WCI) from Drewry saw the spot rate on its Shanghai-Rotterdam leg surge 15% week-on-week to finish at $4,342 per 40ft, while the Shanghai-Genoa route was up 12% to $5,756 per 40ft. “Strong peak season demand due to frontloading of cargo ahead of the expected 1 July bunker fuel adjustment, enabled carriers to successfully implement surcharges,” Drewry noted. However, the WCI’s current Shanghai-Rotterdam rate is well shy of the $6,000 per 40ft FAK level that MSC introduced on 15 June, although marginally closer on the Shanghai-Genoa, where its new FAK was $6,500 per 40ft. The world’s largest container line has announced a further FAK hike on 1 July of $7,500 per 40ft to both North Europe and Mediterranean ports, which is quite aggressive compared to the $6,300 per 40ft on Asia-North Europe announced by CMA CGM, also for 1 July. The timing of the next round of FAK hikes also suggests that the remaining weeks of this year’s peak season will be characterised by double-digit spot rate rises on a fortnightly basis, with the interim weeks either flat or seeing low single-digit rises. Indeed, today’s Shanghai Shanghai Containerised Freight Index (SCFI) – which records rates quoted for the forthcoming week, and as such can indicate the behaviour of the following week’s WCI (as it did last week) – recorded a 2% gain on the Shanghai-North Europe leg and 3% on Shanghai-Mediterranean. “We are expecting increases for the first half July and expect the rates to peak in July before they start to soften again – but I don’t expect them to go as high as MSC hopes for,” one European forwarder toldThe Loadstartoday. And while current capacity on both Asia-North Europe and Asia-Mediterranean trades is tight – according to Drewry’s Container Capacity Insight, only three blank sailings have been announced on Asia-Europe next week – there had been fears that the decision pf the Gemini partners to shift capacity from North Europe to the Mediterranean could leave Northern European shippers squeezed. However, the forwarder added that “the shift of some capacity to the Med is welcome, but any effect on the North Europe routes, I think, will be short lived as things start to calm down”. The closure of the Strait of Hormuz has also been a key factor, data from ocean and air freight intelligence platform Xeneta shows: Source: Xeneta In the past week alone, rates on its XSI platform jumped up by 29% on Far East to US west coast and 25% to the US east coast. The WCI moved in the same direction, although more moderately – its Shanghai-Los Angeles was up 10% week-on-week to $5,142 per 40ft, and Shanghai-New York rose 15% to $6,769 per 40ft. “Shippers are frontloading imports ahead of bunker fuel surcharge increases in July and fears over available capacity, with many being told ships are full on trades out of Asia for weeks in advance,” Xeneta chief analysts Peter Sand said. “Shippers who manage to get their boxes on board are paying a premium to do so,” he added. However, one interesting dynamic is that next week will see six blank sailings the transpacific, according to Drewry, “reflecting capacity management by carriers”, and could suggest lines see some demand weakness on the long-term horizon and are already acting to maintain rate levels. “Shippers should abandon expectations for a quick rate correction – carriers have just successfully pushed rates into the $6,000–$7,000-plus range and will be highly resistant to lowering them, likely citing ongoing market uncertainty to justify keeping current fuel surcharges and base rates intact,” US west coast freight forwarder Freight Right said. “Furthermore, because booking backlogs are already stretching lead times out significantly, with some agents quoting the beginning of July as the earliest available space, shippers must plan and book several weeks in advance to secure equipment and vessel space,” it added.
Deal or no deal, logistics operators are expanding their Gulf land bridge offerings with DHL, GWC, and Oman Air Cargo all pumping further capacity into the region as shocks from the US/Israeli war against Iran continue to be felt across global supply chains. Oman Air Cargo this week launched a new daily Road Feeder Service (RFS) between Muscat and Dubai, with Qatar-based Gulf Warehousing Company (GWC) introducing a TIR-powered air-to-land logistics ... The post Gulf land bridge gains momentum as DHL, Oman Air and GWC expand capacity appeared first on The Loadstar .
Deal or no deal, logistics operators are expanding their Gulf land bridge offerings with DHL, GWC, and Oman Air Cargo all pumping further capacity into the region as shocks from the US/Israeli war against Iran continue to be felt across global supply chains. Oman Air Cargo this week launched a new daily Road Feeder Service (RFS) between Muscat and Dubai, with Qatar-based Gulf Warehousing Company (GWC) introducing a TIR-powered air-to-land logistics corridor for the Gulf. Speaking toThe Loadstaron Wednesday, DHL Express’ chief executive officer for Europe, Mike Parra, said that he too has noted a marked uptick in demand for the company’s regional road freight connectivity in the Gulf. “With what has happened in the Middle East, with all the uncertainty, and with the Strait of Hormuz closure, we have seen a real necessity to leverage not only our heavyweight express product, but to leverage our network,” said Mr Parra. “When you have the network we have in the Middle East, on the ground and in the air, and have our capability to pivot – for instance from Bahrain to Muscat and Riyadh, which we did – and our road network in Europe, you become the logistics supplier of choice.” DHL may have been one of the early leaders on this pivot to the new Gulf overland trade corridor, but its rapid maturation into an established corridor in just four short months was made possible by determined and speedy work from regional governments. Saudi-based Flow Progressive Logistics’ chief executive Achraf Ellili noted that every authority contributed to have the entire ecosystem working together, “meaning things that we thought would take ages to happen have happened in 47 days”. Praising the rapid collaboration between GCC countries to improve the customs and border crossing processes for trucks, Saudi Automobile & Touring Association executive manager Hasan Almanasif called for operators to “take advantage” of the opportunity. Oman Air Cargo’s launch of its new RFS heeds that call, with the service set to support growing trade flows between the UAE and Oman by trucking goods each way, while also providing customers caught in the chaos options for alternative routings. Head of cargo for the carrier, Michael Duggan, said: “This new service creates greater flexibility for cargo movement between Dubai and Muscat by complementing traditional air freight operations and enabling the transport of a wider range of cargo types. “As regional supply chains continue to evolve, Oman Air Cargo remains focused on delivering reliable, customer-centric transport solutions that support trade across the Middle East.” Nor is the carrier alone in tapping up the opportunity – and it is a massive one with demand for RFSs surging 30% in the first three weeks of the war – with GWS’ new service, in which it uses its network to coordinate services from regional providers. Of course, the route’s long-term prospects continue to be challenged, with expectations that when the war definitively ends, carriers and shippers will revert to their traditional approaches, but hopes of a speedy resolution to the conflict continue to be dashed. Earlier today, news broke that just before boarding a plane to fly to negotiations US vice president JD Vance would no longer be attending the summit in Switzerland as talks had been abandoned. The reason for this cancellation has not yet been made public, but despite the ceasefire MoU signed on Wednesday stressing that attacks on Lebanon by the US and Israel were to halt immediately, Israeli forces have persisted. Indeed, those strikes began almost simultaneously with the news that President Trump had signed the MoU, prompting one forwarder to tellThe Loadstar, “How fucking long [was that]?” in reference to the length of time in which hostilities were paused. Such chaos offers the landbridge long-term prospects. Mr Ellili noted that with shippers having now experienced the route’s reliability, he expected them to “keep a percentage of their volumes moving this way now that it has been stress tested at scale”. “It is optionally now viable. Shippers require a dual corridor strategy and the GCC is now able to offer this. Jebel Ali will remain world class, but it’ll no longer be the only gateway. This new one has been stress-tested it is there, and it is complementary,” he said.
As global freight markets begin to show signs of stabilisation after months of disruption, the industry’s largest forwarders have shown that recovering markets are not automatically translating into easier profits. The warning, highlighted this week by profitability software provider OntegosCloud, comes as freight rates remain elevated, capacity remains constrained and geopolitical risks continue to distort supply chains. Yet first-quarter results from the world’s largest freight forwarders suggest profitability is increasingly being driven by pricing discipline, productivity gains and cost control rather than favourable market conditions. DSV’s first-quarter results offered perhaps the clearest ... The post Forwarders face profitability test as freight markets look set to stabilise appeared first on The Loadstar .
As global freight markets begin to show signs of stabilisation after months of disruption, the industry’s largest forwarders have shown that recovering markets are not automatically translating into easier profits. The warning, highlighted this week by profitability software provider OntegosCloud, comes as freight rates remain elevated, capacity remains constrained and geopolitical risks continue to distort supply chains. Yet first-quarter results from the world’s largest freight forwarders suggest profitability is increasingly being driven by pricing discipline, productivity gains and cost control rather than favourable market conditions. DSV’s first-quarter results offered perhaps the clearest evidence. While the group reported strong revenue growth following its acquisition of Schenker, its Air & Sea division saw EBIT decline 4.9% year on year. The company attributed the performance to lower average gross profit yields in both air and ocean freight, citing market dynamics and integration effects. Air freight gross profit rose 44%, but average yields fell 7%, while sea freight yields declined 18%. Conversion ratios and operating margins both weakened compared with the previous year. At CH Robinson, management highlighted extensive repricing activity and disciplined revenue management as the company sought to offset rising transportation costs. The company maintained margins despite higher truckload costs, with executives stressing targeted pricing actions and operational discipline rather than favourable market conditions as drivers of performance. Kuehne+Nagel struck a similar tone. The Swiss forwarder exceeded first-quarter expectations and raised the lower end of its full-year earnings guidance, but management repeatedly pointed to cost reductions rather than market strength as the primary reason. The company’s cost-saving programme delivered faster-than-expected benefits, reducing unit costs and helping offset a 17% decline in recurring EBIT from the previous year. CEO Stefan Paul said “disciplined cost management” had driven the company’s strong start to 2026. The pattern is consistent across the sector. Expeditors also exceeded expectations in the quarter despite relatively modest revenue growth, reflecting the importance of operational execution rather than simply benefiting from elevated freight rates. Oliver Gritz, founder and chief executive of OntegosCloud, explained that this reflects a broader challenge facing the industry. “There’s a common assumption that when disruption declines, profitability improves,” he said. “In reality, some of the greatest pressure on margins can emerge during the transition from volatility to stability.” The risk, he argues, is that customer expectations begin normalising faster than forwarders’ underlying cost structures. Procurement teams often move quickly to seek lower transport costs once disruption eases, while insurance costs, network inefficiencies, contractual commitments and working-capital pressures can remain embedded for months. There are already signs that large shippers remain intensely focused on cost control. US grocery giant Kroger warned yesterday that operating costs were rising faster than sales growth, while citing higher freight expenses linked to fuel costs. The retailer’s comments underline the continuing pressure on supply-chain budgets and suggest procurement teams may remain aggressive in seeking logistics savings. That dynamic could become increasingly important in the second half. Xeneta data shows that air freight contracts are already becoming shorter as uncertainty persists. It said more than half of air freight agreements between forwarders and airlines are now valid for less than 30 days, levels not seen since the pandemic. At the same time, air cargo load factors on key Asia-Europe and Asia-North America corridors remain close to maximum utilisation. The result is a market where operational complexity remains high, but where profitability is becoming harder won. The first-quarter earnings season suggests the industry’s largest players are, so far, managing that challenge successfully. But their results also indicate that profitability is being protected through repricing, cost reduction programmes and productivity improvements rather than through any broad-based improvement in underlying market conditions. The biggest competitive advantage in the second half of 2026 may not be exposure to recovering markets, but the ability to preserve yields, protect margins and convert operational recovery into financial performance.