Forwarders predict fall in airfreight rates as ecommerce eyes sea freight
Forwarders are warning that although the airfreight market currently seems stable, conditions could change very ...
© Péter Gudella
By Alex Lennane
Air cargo’s peak season will start in August – or rather, the existing peak will “get worse”, according to Flexport.
A perfect storm of high demand – in part driven by the slow-moving and expensive sea freight market, low sales-to-inventory ratio, increased e-commerce and low capacity – is set to see the second half busy in the skies.
“Prepare for a more intense traditional peak season,” Neel Jones Shah, head of air freight, told customers on a webinar.
“A lot of shippers are ...
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