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 ...
Global airfreight indices are pointing towards a optimistic end-of-year for carriers, with signs not only of rates stabilising, but even edging up on some trades.
Noting there were “no clear signs yet of any significant Q4 peak,” WorldACD nonetheless highlighted anecdotal reports from forwarders of a “slight seasonal tightening”, amid stabilisation in both global rates and tonnages following China’s Golden Week holiday this month.
Its week 42 update stated: “Preliminary figures for 16 to 22 October show a 1% increase in tonnages ...
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