The information in the first 10 days of March 2023 shows that the slight improvement in the air transport market as production in China has increased again, but demand in ASEAN and neighboring markets remained weak as most industries saw a sharp drop in export orders from the EU-US market bloc. Along with China's efforts to restore production, e-commerce and a more vibrant global travel season from the second quarter are expected to reinforce the optimistic signals for the global aviation market
Earlier, in its latest weekly market report, data provider TAC Index indicated that the overall Baltic Air Transport Index including freight rates offered by forwarders increased by 3 .5% for the week to March 6, 2023.
“After a long period of falling spot rates and contracts being renegotiated at lower levels, the market may finally bottom out and gradually rise again, as China opens its market up,” TAC said. Schools and shipping are busy in the second quarter.”
In fact, spot rates and shipping volumes increase as production in China gradually recovers.
Elsewhere, freight forwarding company Flexport also recorded an improvement in demand. Accordingly, the demand for transpacific eastbound air transportation from northern China is continuing to increase leading to limited capacity.
“The main contributing factor is the increase in demand in e-commerce freight. As a result, freight rates have increased in the first week of March 2023,"-Flexport said.
The company said supply from southern China is scarce while demand is growing in the market, leading to higher freight rates from last week.
On the other hand, demand from Taiwan, Korea and Southeast Asia is still weak and needs more time to catch up.
Many ASEAN member economies are export-oriented and highly influenced by external factors. Weak demand led to a decrease in orders from large and traditional markets in Europe and America, which directly impacted the air transport market connecting to ASEAN. However, some optimistic signals from the Chinese market - the largest and nearest partner of ASEAN countries, plus a "new wind" from Oceania markets are expected to help the market prosper. next month.
From the Americas, demand has remained stable while demand from Europe has increased along with fluctuations in freight rates.
Air cargo is heating up again in a very concrete way: speed is no longer just a company advantage—it is increasingly a national advantage. IATA recorded strong global air cargo growth and a record year in 2024, and in 2025 several months continued to set new highs in demand measured by CTK, suggesting this is not a short-lived surge.
Air logistics is entering a new cycle. International demand is rising fast, shippers are prioritizing speed and reliability, and exporters face tighter scrutiny on documentation and origin. In this context, the real question is no longer whether Vietnam should expand air logistics, but how to build capacity in the right architecture—one that scales volumes while strengthening Vietnam’s role in regional supply chains.
In recent years, “logistics digital transformation” has become a familiar buzzword across industry forums. Yet inside many day-to-day operations, the reality remains mixed: different software for different functions, heavy reliance on Excel and phone calls, and data trapped within departmental silos.
In late February 2026, the Board of Directors of Glotrans Vietnam attended a New Year Dinner & Dance hosted by an international partner, marking a meaningful milestone in the increasingly strong and expansive collaboration between Glotrans and its global partner network.
In the joyful atmosphere of the first days of the New Year, Glotrans Vietnam proudly hosted its 2026 New Year Party to welcome the Spring of Binh Ngo, with the presence of the Board of General Directors, the Board of Directors, and all employees across the system, including offices in Hai Phong, Hanoi, Da Nang, Quy Nhon, and Ho Chi Minh City.
Dear Valued Customers and Partners, Glotrans would like to respectfully announce the Lunar New Year holiday schedule for 2026 as follows:
The shipment of food additives was transported in container No. FCIU3301688 (20’), under B/L MPRSMUM1806, on the voyage from Nhavasheva Port (India) to Dinh Vu Port (Hai Phong, Vietnam) on 29/04/2017.
Company T (Plaintiff – the Insured) entered into an insurance contract with Company B (Defendant – the Insurer). After the insured event occurred, the Insurer alleged that the Insured had violated its obligation to prevent and mitigate losses. The Arbitral Tribunal acknowledged that such an obligation exists but concluded that the Insured did not breach it.
Under the insurance contract, the premium was to be paid in three installments, and in all three, the insured party was late in payment. When a dispute arose, the insurer (Defendant) argued that the insurance contract had terminated before the insured event occurred due to the late premium payment and therefore refused to make an insurance payout. However, the Arbitral Tribunal held a contrary view.
