Expect a shift in airfreight market as ecommerce changes tack
Airfreight shippers should expect to see market shifts as ecommerce players change strategies. While the ...
The fleet of ‘pax-freighters’ deployed during the coronavirus crisis could be here to stay, shifting from PPE to more commercial cargo.
Clarence Cheng, founder of Hong Kong-based logistics group Janco, said there had been a “crazy rush” of charter flights and pax-freighters from China since April, with millions of tons of PPE carried all over the world.
“It seems rates have come down a bit, due to less demand in the current market,” said Mr Cheng. “And I believe the next round ...
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