Airfreight rates ex-China 'loss-making', but hopes of a trade deal stay high
Despite “loss-making” airfreight rates offered for Hong Kong/China-US, Chinese forwarders seem optimistic that the trade ...
Airlines continued to add cargo capacity to the market, and enjoyed good volumes, right up to the end of the year, according to new data from Accenture’s Seabury.
In the final two weeks, global capacity was down just 12% year on year.
Seabury noted that: “With demand still strong, the end-of-year traditional capacity drop in 2020 was less pronounced than at the end of 2019, with airline/express freighters operating 30% more capacity than last year.”
It added that the transpacific tradelane was still ...
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