Airfreight shippers told to delay contracts as US CBP clarifies China rules
Shippers should hold off negotiating airfreight contracts until there is more global clarity – although ...
WorldACD
By Alex Lennane
“The air freight market is really screwed,” one forwarder told The Loadstar this morning.
Carriers – even those with higher rates that typically don’t chase traffic – are begging for volumes at below-market rates, he said.
One air freight statistician noted that, on a weekly basis, the market is “extremely volatile”, in particular over the north Atlantic, with volumes contracting significantly over the past month.
But some weeks have seen double-digit percentage growth over the previous week, only to lose those volumes the following ...
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