Air cargo watches and waits as trade chaos creates 'slowbalisation'
Air cargo is in a “wait-and-see moment”, as the industry tries to navigate through the ...
By Alex Lennane
Airfreight rates rose in February, in the first growth since November, according to Drewry’s East West Airfreight Price Index.
Overall, rates went up 3%, reflecting market analysis that suggests 2018 will be another strong year of demand.
The index recorded rates of $2.84 per kg all in for February, 15% higher than last year.
Drewry Air and Sea Shipper insight said: “This was only the second time in six years the index has increased month-on-month in February, indicative of the underlying strength of ...
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