South America will benefit as air cargo traffic diverts from the transpacific
South America is set to be a main attraction amid capacity cuts on the transpacific, ...
Normally publicity-shy Seabury has published an update to a previous article on the impact of the trade war on air cargo. And it is stuffed full of interesting facts. Roughly half the volume of one of the biggest air freight routes is affected by tariffs – on US-China, 86% of the volumes are tariff-hit, or, in total, some 940,000 tonnes of air freight, up from 200,000 before the latest tariffs hit.
As it points out, however, most finished products such as mobile ...
European port congestion now at five-to-six days, and getting worse
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