Shipping Disruption and E-Commerce Demand Driving Up Airfreight Rates
The start of the airline summer season this month is likely to hit airfreight rates, due to an increasing amount of belly capacity on passenger routes. But right now, despite the major tradelanes not seeing significant changes, there remain pockets of high volumes.
Uptick in Airfreight Rates Creates Mirage of Market Recovery
Air logistics stakeholders may want to pump the brakes on celebrations of shipping volumes and rates finally climbing from the depths of a prolonged downturn. Newfound optimism is tempered by the fact that growth has more to do with normal seasonal patterns than a fundamental shift in demand. The market is essentially flat versus an […]