Marginal gains on east-west ocean container routes in a challenging week
Despite the huge uncertainty US tariffs have injected into container supply chains, and its potentially ...
© Jakub Rutkiewicz
By Alex Lennane
Lufthansa Cargo is betting on China’s economy growing and is upping its freighter capacity to the country – despite continued weak demand.
Airfreight rates continue to fall, according to TAC Index figures, which saw the overall index drop 5.8% last week. China-Europe fell nearly 20% in the week, to $3.92, while Frankfurt to Shanghai dropped more than 20%, to $1.44.
Unperturbed, Lufthansa Cargo this morning said it would expand its freighter network for its summer schedule, starting 26 March.
“Looking at the Chinese ...
Comment on this article