Airfreight expected to take a hit from de minimis exemption suspension
Airfreight rates could plummet – along with demand – following the US suspension of the ...
Despite lockdowns and severely restricted airfreight capacity, Chinese consumers have not lost their appetite for North American cherries.
However, imports are well below previous years’ levels, as costs and weather-related factors are hurting the market.
China is the top export market for US cherries, and volumes kept growing through the pandemic – last year it imported more than 1m boxes, weighing 10kg each.
Lockdowns and airfreight capacity restrictions in China have not hurt US cherry exports, according to Chris Connell, SVP perishables North ...
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