Forwarders predict fall in airfreight rates as ecommerce eyes sea freight
Forwarders are warning that although the airfreight market currently seems stable, conditions could change very ...
By Alex Lennane
Alongside news that the air freight market has contracted by 3.5% so far this year, Lufthansa Cargo has announced a major shift in its fleet.
The German carrier is to upgrade its fleet with two new 777 freighters and withdraw all its MD-11Fs within the next year – a process faster than had been anticipated.
The new aircraft will be delivered next year, to be based in Frankfurt, while the remaining ten MD-11Fs will be withdrawn by the end of next year.
“We ...
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