Tariffs and de minimis set air freight rates on a volatile course
Airfreight rates are climbing as shippers rush to move goods before a potential trade war ...
Dreamstime
By Alex Lennane
High load factors, air freight rates and uncertainty is a “toxic combination” for shippers as the air cargo market continues to grow.
According to the latest data, volumes are flowing back into air freight and prices are rising while the industry waits to see what is in store for the ‘peak’ period.
September saw a record dynamic load factor, of 70%, up two percentage points (pp) from August and 8pp higher than a year earlier.
Load factors rose to 71% in the week ...
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