Ecommerce traffic will help ward off new threats to air cargo demand
Volatility in the airfreight industry is likely to persist, warned forwarders this week, as a ...
The boom in personal protective equipment (PPE) exports from China has returned, bringing “tremendous” increases in airfreight rates.
As The Loadstar reported yesterday, rates from China to North America have risen higher than during Q2 20, when Covid outbreaks in Europe led to frantic efforts to source PPE.
Now, with some major European economies again under lockdown and others threatening to follow suit, PPE shipments are again filling freighters ex-China –amid an already “super” peak season.
One forwarder in Shanghai told The Loadstar: ...
European port congestion now at five-to-six days, and getting worse
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