Born from the obscure "bitcoin" universe as a foolproof method to keep track of transactions, and now gaining popularity in the banking and finance world, blockchain is emerging in the logistics arena. This once-little-known technology may be a potential solution to the problem of providing transparency in the supply chain while still keeping shippers' and forwarders' proprietary information private.

Airfreight rates ticked back up again in March, up $0.21 per kilogram, or 6.7 percent over March 2016, as the industry moved out of a seasonal decline in rates that generally follows the holiday surge.

If Amazon's latest clothing manufacturing plans become a reality, air cargo companies could stand to lose billions in revenues. Last week, the e-commerce giant was awarded a patent for a localized manufacturing setup that eliminates much of the traditional supply chain, bringing manufacturing closer to consumers than ever before.