Airfreight rates ex-Asia 'surprisingly strong' through traditionally low period
Airfreight rates out of Asia continue to harden – despite a brief fall around US ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
WorldACD has done a deep dive into January and February’s air cargo figures – and the results are less optimistic than the carriers would like. Asia Pacific is a star performer: output grew 19%, year on year, in January and February together, by 14% versus 2019 and by 6% against “the bumper year, 2018”. But other regions have been “drastically different”, with South Asia, North Africa and Southern Africa all down 20% or more. WorldACD also points out that it is not all about Hong Kong and Shanghai – other origin cities saw 100% or more growth, including Nairobi, Los Angeles and Paris. Well worth a read and you can also download yield data here.
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