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 ...
Air cargo’s peak season will start in August – or rather, the existing peak will “get worse”, according to Flexport.
A perfect storm of high demand – in part driven by the slow-moving and expensive sea freight market, low sales-to-inventory ratio, increased e-commerce and low capacity – is set to see the second half busy in the skies.
“Prepare for a more intense traditional peak season,” Neel Jones Shah, head of air freight, told customers on a webinar.
“A lot of shippers are ...
TPM: Forwarders need 'clout' to survive as the ocean carriers move in
Gemini schedule reliability falls below 90% target for the first time
Resumption of Suez transits in doubt after return of Red Sea hostilities
Red Sea crisis forces Maersk to increase capacity over strategy limit
Maersk in firing line over 'abandoned container' in Africa
Gemini carriers cut back loading allocations on challenging southern India trade
Forever 21 blames bankruptcy on de minimis exemption
Maersk assures shareholders arms shipments 'comply with regulations'
Comment on this article