Spot vs contract gap widens as air shippers get wise to capacity limits
Ecommerce shippers reserving freighter capacity have widened the gap between global contract and spot rates, ...
LATAM Cargo is reporting healthy loads on its transatlantic routes to Europe, and is cautiously optimistic about the current air freight market.
The airline group, based in Brazil, Chile and Colombia, said it needed to increase capacity, especially on transatlantic routes that see regular shipments of cargo like fresh flowers and fruits.
“Transatlantic flows continue to be healthy, but it’s a market we are monitoring closely as several factors are working in opposite directions,” Andrés Bianchi, LATAM Cargo CEO told The Loadstar.
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