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 freight is straining under the twin pressures of high demand and disruption from lower capacity and labour shortages, as well as various Covid restrictions.
Air cargo executives have cited problems across major hubs in Europe, including Amsterdam, London, Brussels, Frankfurt and Liege, as well as in the US.
“It’s crazy out there right now,” said one cargo handling executive.
“There are different situations at different airports, and handlers have different issues. But there has been a huge upturn in freighters, and passenger ...
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