Airfreight rates ex-China 'loss-making', but hopes of a trade deal stay high
Despite “loss-making” airfreight rates offered for Hong Kong/China-US, Chinese forwarders seem optimistic that the trade ...
Amazon is continuing to cut back its air freight operations after reductions to European services and severing ties with one of its US charter partners.
Having reportedly terminated a CMI agreement with Silver Airways for five ATR72-500 freighters, the online retailer added: “We’re reducing some Amazon Air flights in Europe, which won’t impact [the] delivery experience customers can expect from Amazon in the region.”
A spokesperson would not be drawn on the level of cuts to services that commenced in 2020 and ...
Maersk u-turn as port congestion increases across Northern Europe
Maersk Air Cargo sees volumes fall as it aims for 'margin in favour of revenue'
Keep our news independent, by supporting The Loadstar
Container spot rates diverge: to Europe still falling, but firmer to the US
Hapag-Lloyd won't take bookings if port congestion leaves cargo stranded
Ecommerce likely the front-runner in resurge of transpacific trade after deal
Containership charter market feels the ripples from trade tensions
Airfreight players eye new routes as demand on the transpacific nosedives
Comment on this article