Airfreight rates out of Asia take a dive as demand from the west is 'subdued'
Asian forwarders are reporting a large drop in airfreight rates, but don’t believe this is ...
Chinese New Year can be relied on to distort figures at the start of the year, notes World ACD in its latest trends report. January, for example, “benefited” year-on-year from the additional activity, but also “suffered” in the last four days. Next year will have the best possible YoY comparison once the February data is in.
The data company also notes the surprising regularity with which dangerous goods (DG) are ignored in favour of pharmaceuticals. When it comes to specific air cargo products, World ACD notes that a lot of attention goes to pharmaceuticals these days: “One would almost forget that DG are still the larger product category of the two.”