Air cargo in new balancing act as rates ease and fuel costs climb
Air cargo carriers are facing an increasingly challenging market, with spot rates beginning to cool, ...
Flooding in southeast Asia is impacting trucking. © Thor Jorgen Udvang from 2011
By Alex Lennane
The ‘mini peak’ in air cargo could fade slightly as the US moves into Thanksgiving, with global rates down, according to both TAC Index and Freightos FAX – but Asia continues to be strong, despite flooding.
“The global Baltic Air Freight Index … dipped 1.5% in the week ...
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