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 ...
During the pandemic, analysts noted the distinct correlation between poor ocean schedule reliability and air freight demand. Shippers that needed certainty chose air.
But as ocean freight rates begin to creep up to near-Covid levels, shipping reliability is also on the rise this time around.
Despite pockets of port congestion, such as in Singapore, and issues with container availability, data out this week shows that in fact shipping lines are – relatively speaking – sticking to schedules. Sea-Intelligence reported reliability had improved ...
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