News / 'Ban' on expensive airfreight as hard-hit retailers review supply chains

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Retailers are rejecting air freight, and returning to the ocean market where prices are low and reliability has improved.

Too much stock and too little consumer demand has seen volumes from some retail customers fall 90%, said one European forwarder.

“Many retailers are now trying to reduce or completely eradicate air freight,” he said.

“The ‘repair’ mode for critical demand-driven shipments has fallen off the proverbial cliff. Retailers are either sitting on unsold stock, or simply decisions are made not to use air ...