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 ...
Airlines continued to add cargo capacity to the market, and enjoyed good volumes, right up to the end of the year, according to new data from Accenture’s Seabury.
In the final two weeks, global capacity was down just 12% year on year.
Seabury noted that: “With demand still strong, the end-of-year traditional capacity drop in 2020 was less pronounced than at the end of 2019, with airline/express freighters operating 30% more capacity than last year.”
It added that the transpacific tradelane was still ...
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