Airlines rethink strategy as ecommerce to US begins decline
Shippers and forwarders are waiting to see how airlines manage their capacity before locking into ...
TAC Index writes:
Global air freight rates firmed up a little last week (…).
The overall Baltic Air Freight Index (BAI00) was up +2.9% in the week to 31 July, trimming its decline over 12 months to -46.2%. The latest data tends to support market sources suggesting that rates are finally bottoming out ahead of some major product launches coming up in September – leading to something more like a normal peak season this year.
(…)
The index of outbound ...
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