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 ...
© Giovanni Gagliardi Dreamstime.com
By Alex Lennane
Transatlantic load factors and rates are falling, as pent-up passenger demand brings additional capacity to the routes.
Dynamic load factors across the Atlantic have fallen to about 60%, according to Clive Data Services.
“For the first time since Covid, rates across the Atlantic have fallen to a par with the previous year,” said Niall van de Wouw, head of airfreight for Xeneta.
“Load factors are down and rates are sliding to the level they were at last year – and still going down.”
The ...
Comment on this article