News / Air freight rates still depressed, but China-US starts to gain height again

© Igor Zakharevich

Following one of the softest markets in air freight seen for some time, comes the news that China-US is starting to rise again. 

Air freight rates in February are thought to have fallen to their lowest point in perhaps 18 months – an early drop so severe that IATA was forced to downgrade its annual growth forecast from 3.7% to 2%, just to account for the first quarter of the year.  

But, according to The TAC Index and Freight Investor Services ...