Airfreight players eye new routes as demand on the transpacific nosedives
The sudden fall in demand for airfreight on the transpacific is beginning to trigger capacity ...
© Khunaspix Dreamstime.
By Mike Wackett
The trade gap between the Mediterranean and North America has widened significantly, according to recent analysis from Drewry.
The analyst says steady growth on the headhaul westbound leg has been marred by “sliding backhaul activity”.
Drewry noted that December saw year-on-year growth of 8.4% on the westbound leg, a “stark contrast” to the 19.8% decline on the backhaul eastbound trade.
Indeed, with the stronger conditions westbound, Maersk Line today announced a $300 per container general rate increase from the Med to North America ...
Comment on this article