Rates drift in the summer doldrums – but is a bounce coming?
September 7, 2023
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E-commerce activity is still strong, though markets worry about a slowdown in China as well as in the West
E-commerce activity is still strong, though markets worry about a slowdown in China as well as in the West
Supply chains changing, e-commerce set for further growth, but SAF far from the complete solution on sustainability
But if China keeps growing fast and any recession in the West is brief and shallow, perhaps the market may yet reach a bottom soon
Lower energy prices and cargo rates may lead to a soft landing for the world economy – and a quicker rebound
The global economy has been stalling – and air freight prices falling. After a big surge during Covid, is the market dropping back as far as pre-pandemic levels?
Shippers and carriers are looking increasingly towards index-linked agreements (ILAs) to manage price volatility.
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