Airlines chase yield as weak demand fails to dent soaring air cargo rates
Airlines are redeploying freighter capacity in search of higher yields, as weak demand fails to bring down ...
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By Alex Lennane
Australia has joined Canada and the US in beefing up airfreight security, according to Air Cargo News.
From today, Australian authorities will require bellyhold cargo entering the country from certain EU and CIS countries to be tendered only from shippers that already have a relationship with the forwarder.
As critics have noted, this makes it harder for shippers to switch forwarders, and has the potential for forwarders to raise prices, knowing their shipper can’t change providers.
Air Cargo News has more details on the new security requirements.
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