Container trade economics – what to look for now
Making sense of a fools’ game
Asian forwarders are reporting a large drop in airfreight rates, but don’t believe this is the end of elevated prices, nor a significant fall-off in demand.
One South-east Asian forwarder said: “The demand for airfreight to Europe and the US is looking a bit subdued.
“However we note that this time last year, it wasn’t too strong either. Coupled with the fact that there is substantially more capacity this year, I wouldn’t say demand has dropped drastically.”
The forwarder said customers – in ...
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