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
After a long, steep fall in rates and now a summer lull, hopes are rising for some sort of modest peak season in air freight – one that won’t be either too hot or too cold for markets, but just right
Lower energy prices and cargo rates may lead to a soft landing for the world economy – and a quicker rebound
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?
Global supply chains are clearly in something of a tangled mess, particularly in the key area of container shipping. According to Maersk Line director Neil