Airfreight rates ex-China 'loss-making', but hopes of a trade deal stay high
Despite “loss-making” airfreight rates offered for Hong Kong/China-US, Chinese forwarders seem optimistic that the trade ...
The unexpected drop in ecommerce traffic has exposed the airfreight market’s “dependency” on this single vertical.
Forwarders told The Loadstar that since the pandemic, the sector had been “geared around ecommerce, with other shippers’ volumes having been down massively for ages; so when ecommerce drops, it has a huge impact”.
One said “ecommerce volumes had fallen off a cliff” since the start of the year, after previously supporting rates out of China.
They added: “This has led to rates ...
Comment on this article
Stan Wraight
January 15, 2025 at 6:32 amDiversions of freighters from the Atlantic and Latin America to Asia Europe, Charters by gulf carriers and own controlled freighters by major forwarders such as DSV/Schenker, Maersk and CMA CGM etc., did all this added capacity not factor into it, meaning is e-Commerce falling off a cliff or is capacity climbing up a cliff, I suspect the latter.
E-Commerce is going nowhere but up in market share, and as vertical should not be singled out this way.