US Customs chaos means 'more downside risk than upside potential' for air cargo
Air cargo growth rate forecasts have been slashed, owing to the weaker economic outlook and ...
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By Alex Lennane
Overall weakness in the air freight market is being exacerbated by low pricing, The Loadstar has learned.
As some carriers aim for volume over yield at prices, according to one source, that barely cover handling costs, Stifel this morning reported that its confidence index is 9.4 points lower than it as in January last year.
While the index is 0.6 points up on last month, it remains below the critical 50-point mark, at 47.2.
The news follows Drewry’s East-West air freight price index, ...
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