Air cargo rollercoaster rolls on into 2023
January 5, 2023
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Shippers and carriers are looking increasingly towards index-linked agreements (ILAs) to manage price volatility.
Shippers and carriers are looking increasingly towards index-linked agreements (ILAs) to manage price volatility.
Following a massive surge during the Covid-19 pandemic years, air freight prices have been trending a long way back down over recent months. According to
During the recent IATA World Cargo Symposium, held in London in late September, you could almost feel a palpable sense of pride in the industry.
Gas prices in Europe skyrocketing. Lockdowns in China lingering. Russia losing ground but now seeking to annexe chunks of Ukraine. Countries like the UK responding
Whither air cargo rates – which way are they set to go? Are they set to rise as we reach the traditional peak season? Or are they set to crumble and fall – as rising fears about inflation and recession hit global trade?
The global economy seems to be grinding on remorselessly towards a new era of stagflation – with prices rising but growth stalling. Towards conditions not