Sudden spike belies 'boring' transatlantic airfreight market
On the face of it, transatlantic air trade between Europe and North America has been ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
Counterfeits sure do like to travel in style. According to Freightwaves, while ocean generally dominates in terms of volumes, it’s not just pharmaceuticals that favour the skies. More than 90% of counterfeit goods seized by US Customs last year travelled by air, more specifically, by express services. In fact, air express accounted for just shy of $550m of confiscated counterfeits. In total ,some $1.4bn of fake goods were seized over the 12-month period.
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