Airfreight shippers told to delay contracts as US CBP clarifies China rules
Shippers should hold off negotiating airfreight contracts until there is more global clarity – although ...
Cathay is removing seats from two more 777s in a bid to meet peak demand
By Alex Lennane
Forwarders are reporting a rise in air freight rates as June comes to an end, with many anticipating a strong demand pick-up in August.
While routes from Asia to the US have stayed stable, with both e-commerce and stock replenishment driving demand, Europe has been somewhat flat.
“Air freight to Europe has been quiet for a few weeks, but rates haven’t dropped for at least two or three weeks – until now, which means it had hit the bottom for airlines,” said ...
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