Pre-tariff rush of goods from US to China sees air rates soar, but not for long
Beijing’s decision to impose higher tariffs on US goods has led to a rush of ...
© Yelyzaveta Tkach |
By Alex Lennane
The US consumer will largely determine the success of the airfreight industry in the coming quarters.
According to a new report by Ti Insight, it seems likely that the market will be muted well into next year, and possibly beyond.
Noting that “the US consumer is the driver”, Ti’s Q4 Air Freight Rate Tracker adds that Americans will have a “disproportionately high impact on air freight demand, especially in Q3-Q4 2023”.
While air freight is not only focused on consumer industries, with its ...
Comment on this article