Airfreight rates level out, but looming turbulence could see prices rise again
Airfreight rates on transpacific routes have flattened as an overshot of capacity eclipses demand, but ...
Indonesia’s booming e-commerce sales have attracted investment from international logistics players.
Like other Asia Pacific countries it experienced “unprecedented” e-commerce growth last year when Covid hit, with online sales surging 37% to $25bn, according to GlobalData.
To cater for the rising demand, Singapore-based e-commerce specialist J&T Express announced this week it had launched a dedicated freighter operation in Indonesia, adding to its charter flight network.
The company’s 15-ton capacity B737-300 operates from Budiarto Airport, near Jakarta, to Medan, Batam and Tanjung Pinang.
J&T said: ...
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