Cautious air cargo shippers delay tenders amid signs rates may have peaked
Air cargo shippers are increasingly delaying tender decisions and extending existing contracts, rather than locking ...
Air freight rates are finally stabilising, after weeks of rising at unprecedented levels.
Charter brokers and air freight rate indices are seeing increases slow – or even reverse – as more capacity comes into the market.
Freight Investor Services (FIS), using data from the TAC Index, revealed ...
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Comment on this article
Rob
May 12, 2020 at 2:57 pmReally good news if it can continue. A lot of importers into EU/UK are paying through the nose for air freight, rates are still far too high and have a long way to go.