Airfreight contracts begin to reflect threat of a Q4 capacity crunch
“Capacity will be king in Q4,” said one forwarder at the recent CNS Partnership event ...
WorldACD has released its findings for air freight in week 40, ending 4 October. Yields crept up, in what is expected to be the start of a gradual rate climb over coming weeks. But chargeable weight declined, likely to be due to China’s Golden Week holiday which ended on Thursday. Capacity declined 1% globally, although Africa saw a 4% increase while Asia Pacific saw a 4% decline.
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