Airfreight demand expected to weaken through Q2
Weak ecommerce demand has seen cancellations of airline block space agreements and charters, particularly to the ...
© Khunaspix |
By Alex Lennane
Transpacific airfreight rates into the US have finally begun to fall as the market softens before the holiday week.
TAC Index figures from China to the US, which have been on an upwards trajectory since the start of November, have begun to descend, with rates down 8.7% to $13.82 in the week to 20 December.
Several forwarders told The Loadstar they had expected rates to begin to soften at this point, but many also expect them to rise again in the new ...
Comment on this article