Airfreight forwarding a better bet than ocean for investment this year
Forwarders more focused on airfreight will fare better this year than those with a higher ...
© Ifeelstock
By Alex Lennane
The news that air cargo rates have fallen to their lowest level since Drewry launched its airfreight price index in May 2012 will be a blow to an industry struggling to boost quality and retain customers.
Drewry’s Index fell by 3.8 points in February, the fourth consecutive monthly decline, reaching a new low. The index is 18.6 points lower than it was in February last year, and stands at $2.57/kg, for a weighted average of all-in buy rates paid by forwarders on ...
Comment on this article
Ayman
March 31, 2016 at 10:26 amHi,
Do you mean that Service Quality is not available or weak in Airfreight industry?
Thanks,
Alex Lennane
March 31, 2016 at 12:39 pmNo, I wouldn’t say that. But there could be a lack of investment which could hamper improvements in service quality.