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 ...
By Alex Lennane
October proved a stronger month for air freight than September, no matter whose figures you believe.
WorldACD reported that, after a decline in year-on-year volumes in September, October saw them creep up 2%, globally.
Drewry’s East-West Airfreight Price Index showed rates up 7.5%, to a $3.02/kg all-in.
WorldACD broke the figures down, showing that Asia Pacific performed best, with exports up 4.2% and imports up 2.7%; in Europe, however, where industry insiders had indicated some weakness in the market, exports grew 0.5% and imports were up 2.7%.
Africa ...
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