Forwarders predict fall in airfreight rates as ecommerce eyes sea freight
Forwarders are warning that although the airfreight market currently seems stable, conditions could change very ...
By Sam Whelan
Global air cargo capacity is almost back to 2019 levels as passenger flights and their bellyhold capacity make a “fundamental return” to the market.
According to Accenture’s Seabury Cargo, global air cargo capacity was down only 4% between 13 and 26 June, compared with the corresponding pre-Covid period in 2019.
However, Accenture MD Marco Bloemen said the capacity gains had not been uniform and there were “very large” differences between tradelanes.
Due to the war in Ukraine and closure of Russian airspace, for ...
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