Cautious air cargo shippers delay tenders amid signs rates may have peaked
Air cargo shippers are increasingly delaying tender decisions and extending existing contracts, rather than locking ...
© Hongqi Zhang (aka Michael Zhang)
By Alex Lennane
Air freight rates out of China could leap by 300-400% once production is fully back online and before belly traffic returns to the country.
While manufacturing is unlikely to hit full capacity soon, factories are expected to reopen next week – which comes as bellyhold capacity ...
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