Airfreight handlers hit by double-whammy of labour shortages and rising costs
The surge in air cargo volumes in 2017 and 2018 has pushed up yields for ...
© Khunaspix Dreamstime.
By Alex Lennane
Conflicting market data is skewing visibility in the airfreight sector.
April saw the second consecutive month of airfreight rate increases, according to Drewry’s East-West index, which follows 21 trades. The index of weighted averages rose 1.5 points last month, bringing it to the highest level since the end of last year, at an average all-in rate – including surcharges – of $3.38 per kg for airport-to-airport services.
But this marginal recovery, which is likely to be related to some increased surcharges, is ...
Comment on this article