Air freight rates continue to climb, with a strong peak season on the radar
Air freight rates are continuing their climb, with the sector enjoying back-to-back monthly increases and year-on-year growth. In Drewry"™s latest East-West Airfreight Price Index, rates were up 1.9% in July, compared with June, and up around 1.5% against July 2016. "In anticipation of a strong peak season, several forwarders have upped their capacity allocations out […]
Air Freight Volumes Flat After Recent Declines
The International Air Transport Association (IATA) released data for global air freight markets showing that in August freight markets stabilized after two months of decline. Measured in Freight Tonne Kilometers, air cargo volumes rose 0.2% compared to the same month a year ago. This is a modest improvement on July performance when freight demand contracted […]
