Carriers put on a brave face amid further decline in ocean spot rates
Container spot freight rates on the main east-west trades saw another week of declines, although, ...
After a long, and at times dizzying, fall from the giddy peaks of the Covid era, it seems air freight rates may have finally bottomed-out – and are now rising into not just a genuine peak season bounce, but perhaps beyond that.
During last month, the overall Baltic Air Freight Index gained 11% over the four weeks to 2 October, cutting the decline over the past 12 months to 34.1%.
The upward trend was fairly broad-based across major lanes around the world, ...
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