Air cargo industry 'firing on all cylinders', with ecommerce in the driving seat
Ecommerce could now be accounting for two-thirds of the airfreight coming out of China, while ...
Wan Hai general manager, Tommy Hsieh, has sought to calm concerns that the container market could be heading for a slump amid falling rates.
At a press briefing today, Mr Hsieh said that the current softening is largely due to China’s zero-Covid-19 policy and the resulting lockdowns, especially with port city Shanghai locked down from March to June.
He said: “Please don’t feel pessimistic. The peak season for intra-Asia shipping is starting and we expect volumes here to be better than on ...
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