Cancelled voyages take the sting out of spot rate declines this week
Container freight spot rates maintained their downward trajectory this week, as tariff uncertainty continued to ...
© Aleksandr Gerasimov
Amidst the economic doom and gloom, with claims of a looming recession in the US, voices in air freight are pointing to signs that suggest the year may go out with a (positive) bang.
Using present rates to determine the year, executive director of the Airforwarders Association Brandon Fried said, paints a distorted picture of the true state of play, with rates “artificially” low on account of carriers adding extra aircraft to prepare for a summer passenger ...
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