Forwarders predict fall in airfreight rates as ecommerce eyes sea freight
Forwarders are warning that although the airfreight market currently seems stable, conditions could change very ...
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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 ...
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