Currently, 1 USD is approximately equal to 1.37473 CAD, meaning that exchanging 100 USD yields about 137.47 CAD. Fluctuations in the exchange rate are crucial for international trade and personal investment. Understanding exchange rate information can help make informed economic decisions.
The International Air Transport Association (IATA) divides the world into three IATA Areas based on economic, social, and trade development levels, establishing uniform freight regulations. Area 1 encompasses North, Central, and South America, including Greenland. This zoning approach aims to ensure fair, efficient, and orderly international air cargo operations. It facilitates standardized procedures and pricing, promoting seamless global trade and logistics within the air freight industry.
The US tariff policy has triggered a trade war, severely impacting the global shipping industry. Sectors like container shipping, car transportation, and energy exports are all affected, leading to increased shipping rates and global economic uncertainty. The goal of revitalizing the US shipbuilding industry is unlikely to be achieved in the short term. Ultimately, consumers and businesses will pay the price for trade protectionism.
Container shipping rates continue to decline due to weak demand and supply-demand imbalances. In the short term, rates may decrease further; however, seasonal demand recovery in the second quarter could provide support for rates. At the same time, uncertainties in the global economic landscape and trade policies will continue to influence market trends.
In May 2025, international air cargo demand grew by 2.2% year-on-year, demonstrating the industry's resilience. Despite a contraction in global manufacturing and the impact of U.S. tariff policies on certain regions, the Asia-Pacific region experienced the fastest growth in cargo demand at 8.3%. Additionally, falling oil prices provided relief for the airlines.
King Mswati III International Airport, located in Manzini, Eswatini, serves as a medium-sized airport with a runway measuring 11,811 feet. It features multiple aviation control frequencies, facilitating regional economic development and cultural exchange.
Bahoga Northeast Airport (DN54) is a crucial hub for local transportation in Nigeria, featuring a 4,950-foot runway with a solid asphalt surface. Although there is currently a lack of meteorological data and user reviews, it holds potential for boosting regional economic development and tourism growth.
The 36th Logistics Status Report analyzes the impact of economic uncertainty on the logistics industry, emphasizing the importance of addressing rising costs and international challenges through technological innovation, green development, and optimization of internal management.
The 36th Annual Logistics Report analyzes the economic and geopolitical challenges currently facing the logistics industry. It proposes innovative strategies and digital transformation as solutions to rising costs and supply chain disruptions. The report highlights the importance of ecological sustainability in corporate decision-making.
In its Q2 2025 earnings report, UPS reported a 2.7% decline in revenue, citing external economic uncertainties affecting performance. While some business segments showed growth, overall operating profit decreased. The CEO emphasized that the company will accelerate collaboration with Amazon to reduce package volume and enhance competitiveness.
