News / The air freight market is 'really screwed', as carriers beg for volumes

WorldACD

“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 ...