News / Market talk: Looks like air freight will be oh, so quiet in August

© Hiroshi Tateishi |

It’s only anecdotal, but forwarders are reporting the likelihood of a quiet August in air freight.

Rates next month look set to fall, with prices currently being quoted by airlines at normal August rates, although some pockets of high prices remain.

Australia, for example, remains some three times higher than normal, said one forwarder, but China to Europe rates have fallen back. The transpacific remains relatively buoyant, but has, broadly speaking, followed the example of Europe by a few weeks, according to ...