Air cargo forwarders stick to spot rates – a long-term contract would be 'foolish'
Air cargo forwarders are sticking to using spot market rates, because “anything can come out ...
Sagging economic growth in China is having an adverse knock-on effect on its air cargo exports and imports – but this is partially offset by the buoyancy of cross-border e-commerce, senior market players told The Loadstar.
Cargolux CEO Richard Forson alluded to two ‘slowdowns’ in play: a stalling internal Chinese economy, which is impacting imports; and the global economic downturn, which reduces demand for Chinese exports.
“Both were noticeable since the end of spring of 2022 and their combination led to a ...
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News in Brief Podcast | Week 20 | 90-day countdown, India and Pakistan
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