Airfreight rates ex-China 'loss-making', but hopes of a trade deal stay high
Despite “loss-making” airfreight rates offered for Hong Kong/China-US, Chinese forwarders seem optimistic that the trade ...
Pockets of the air freight market are continuing to see high rates, and volumes are growing, but retail is not yet back in the air.
Hot spots include rubber producer Malaysia, the world’s largest exporter of medical gloves, accounting for up to 75%, according to some estimates.
Volumes out of Malaysia grew 46% in week 25, according to Clive Data Services, while forwarders have reported strong demand out of the country.
“We have seen an increase in demand from Malaysia, Thailand and Vietnam,” ...
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