US CBP sees 90% fall in revenue last month; airfreight sees ecomm slide
February may have been the month in which the US suspended its de minimis exemption ...
South Africa’s airfreight market has seen an impressive bounce. Its forwarding association, Saaff, said: “International air cargo to and from South Africa had a bumper week.”
Last week, international airfreight to and from the country rose 16%; imports were up 12% week on week and exports jumped a mighty 23%, despite globally, tonnages falling 5%.
And rates “continued to rise”, added Saaff.
Freightos’ FAX, for shipments of 100-300kg, showed rates from Africa to Europe up 19% in the first two weeks of October, ...
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