Air cargo watches and waits as trade chaos creates 'slowbalisation'
Air cargo is in a “wait-and-see moment”, as the industry tries to navigate through the ...
By Sam Whelan
The fleet of ‘pax-freighters’ deployed during the coronavirus crisis could be here to stay, shifting from PPE to more commercial cargo.
Clarence Cheng, founder of Hong Kong-based logistics group Janco, said there had been a “crazy rush” of charter flights and pax-freighters from China since April, with millions of tons of PPE carried all over the world.
“It seems rates have come down a bit, due to less demand in the current market,” said Mr Cheng. “And I believe the next round ...
Comment on this article