News / Asia Pacific airfreight market on the up, despite manufacturing slowdown

© Jakub Gojda

The global manufacturing PMI has fallen below 2023 levels for the first time this year – although some countries in Asia continue to enjoy growth, including India and Thailand.

And a further economic slowdown is expected during Q4, noted Dimerco Express Group in its Asia Pacific freight report, out today.

Nevertheless, airfreight out of Asia is going strong, according to the forwarder.

“The traditional peak season began in mid-October, immediately following China’s Golden Week holiday,” said Kathy Liu, VP global sales and marketing ...