“Sharply rising fuel costs, fuel scarcity in parts of the world, and the severe disruption to key cargo hubs in the Gulf are major shifts. While air cargo has repeatedly proven its resilience in the face of disruption, an early resolution of the war along with a normalization of fuel supply and costs would be in everybody’s interest.”

—Willie Walsh, director general of the International Air Transport Association, in a March 31 release. Asia-Pacific airlines saw a 13.6% year-on-year growth in air cargo demand in February. Capacity increased by 10.1% year-on-year, IATA said.

Shipping and freight forwarding costs are increasing in the Mariana Islands, with pending hikes in double digits, the Journal was told.