Where will the freighters go as capacity shifts from tariff-hit China-US lane?
Cargo airlines are scrabbling to find new markets as capacity becomes available following the end ...
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By Mike Wackett
Worrying signs of a major disconnect between supply and demand on the Asia – North Europe trade lane comes from the latest Global Port Tracker: North Europe Trade Outlook which predicts ocean freight growth in 2015 at below 3% year-on-year on the route.
Combined with Alphaliner’s estimate of a 9.1% capacity hike on the lane, it will exert significant extra pressure on spot freight rates that have already plunged by more than 50% since the beginning of the year.
Capacity growth is ...
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