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 ...
By Alex Lennane
October proved a stronger month for air freight than September, no matter whose figures you believe.
WorldACD reported that, after a decline in year-on-year volumes in September, October saw them creep up 2%, globally.
Drewry’s East-West Airfreight Price Index showed rates up 7.5%, to a $3.02/kg all-in.
WorldACD broke the figures down, showing that Asia Pacific performed best, with exports up 4.2% and imports up 2.7%; in Europe, however, where industry insiders had indicated some weakness in the market, exports grew 0.5% and imports were up 2.7%.
Africa ...
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