Airlines rethink strategy as ecommerce to US begins decline
Shippers and forwarders are waiting to see how airlines manage their capacity before locking into ...
AirBridgeCargo's 777
By Alex Lennane
Air freight demand in Europe looks set to soften this month, but the currently strong rates are not expected to crash.
“Rates this week have pushed up further, we saw a general increase of $0.40 to $0.50/kg to Europe, while some of charter flights went up too, and commercial flights all increased prices,” said one Chinese forwarder.
“It is mainly triggered by reduced capacity,” he added. “The three flagship carriers in China cut some of their flights.”
The forwarder picked out China ...
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