Chinese New Year blurs visibility in an uncertain airfreight market
Forwarders and carriers are watching the airfreight rate market with much interest right now – ...
HD: DIY RE-PRICINGZIM: A RISING TIDE LIFTS ALL BOATSTSLA: CHINA THREATDAC: KEY REMARKSDAC: SURGING GM: SUPPLY CHAIN WOESMAERSK: ROTTERDAM TEMPORARY SUSPENSION OF OPERATIONSATSG: OWNERSHIP UPDATERXO: COYOTE FILLIP GONEGM: SUPPLY CHAIN HITBA: CUT THE FAT ON THE BONER: STEADY YIELDMAERSK: SELL-SIDE UPDATESDAC: TRADING UPDATE OUT SOONTSLA: FEEL THE PAIN IN CHINAWMT: GUESS WHATXPO: SURGINGAMZN: LOOKING FORWARD
HD: DIY RE-PRICINGZIM: A RISING TIDE LIFTS ALL BOATSTSLA: CHINA THREATDAC: KEY REMARKSDAC: SURGING GM: SUPPLY CHAIN WOESMAERSK: ROTTERDAM TEMPORARY SUSPENSION OF OPERATIONSATSG: OWNERSHIP UPDATERXO: COYOTE FILLIP GONEGM: SUPPLY CHAIN HITBA: CUT THE FAT ON THE BONER: STEADY YIELDMAERSK: SELL-SIDE UPDATESDAC: TRADING UPDATE OUT SOONTSLA: FEEL THE PAIN IN CHINAWMT: GUESS WHATXPO: SURGINGAMZN: LOOKING FORWARD
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.
Comment on this article