Airfreight rates suffered another month of falls in June, sinking to new lows, according to Drewry's monthly Sea & Air Shipper Insight report.

The International Federation of Freight Forwarders Associations (FIATA) and the International Air Transport Association (IATA) have announced that the Multilateral Electronic Air Waybill (e-AWB) standard has been approved, removing the need for bilateral e-AWB agreements between airlines and freight forwarders and thus simplifying the air freight supply chain process.

February data shows that air cargo maintained the modest improvement in demand that began in the fourth quarter of 2012, according to the International Air Transport Association.

Almost half those attending IATA's World Cargo Symposium in Doha had been in the airfreight industry for more than 20 years, prompting lengthy debate about where the next generation of employees is going to come from.

Lufthansa says it's ready with cargo flights between Frankfurt and Guadalajara. Wolfgang Will, director general for Mexico and Central America for the German airline, said the new flights are part of the airline's plans due to the increase in demand in the Mexican market.