East-west air freight rates hit a new low, but US military makes up the numbers

© Khunaspix Dreamstime.

As Drewry reports that air freight rates have fallen to their lowest-ever level on east-west tradelanes, comes a ray of hope for some carriers.

Last week’s news that Atlas Air had taken a 747-400BCF out of retirement was, according to media reports, due to increased US military activity in Europe.

The Flight Aware website confirmed that Atlas has operated at least two military flights by CRAF-registered aircraft recently. Yesterday a 747-400F left McGuire Air Force base in New Jersey for US and ...