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News / Shippers eye longer-term airfreight contracts to avoid ocean delays

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Shippers have increasingly been committing to longer-term fixed rate contracts in airfreight – but could struggle to retain those rates if the Red Sea disruption causes a spike in air capacity demand.

In the final quarter of 2023, contracts of more than six months’ length accounted ...

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    air cargo data air cargo market Contract negotiations Contract rates shippers Xeneta