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 ...
© Nuthawut Somsuk
By Alex Lennane
“Calling the air cargo market ’hot’ would probably be the understatement of the year,” noted WorldACD on Friday.
“Nearing the end of 2020, the world looks back at a year like no other in most people’s memories,” it added.
“Air cargo was no exception: the usual trends, established over many years, were no guidance at all for what actually happened. Volatility, both in volumes and in rates, has been the order of the day in many markets.”
However, WorldACD said November saw a ...
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