Demand for transpac airfreight capacity returning – but 'it's not ecommerce-driven'
Around half of the lost air cargo capacity on the transpacific has returned in the ...
© Andrii Yalanskyi
The Red Sea crisis and looming Chinese New Year pushed airfreight volumes to a steady take-off in January, but average rates have declined.
Recent analysis by Xeneta shows global air cargo volumes rose by “a surprise” 10% year on year last month.
Fourkites told The Loadstar its tracked air freight shipments had more than doubled since the second week of January.
However, with plenty of available capacity, fuller cargo holds are yet to translate into higher rates. Xeneta found that general air cargo ...
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