Transport buyers dig deeper into wallets for air cargo

A 747 jumbo jet with white paint and light blue accents with the word CARGO on the side.

Air cargo rates are climbing sharply again, especially for shipments via Asia, after the slowdown for the recent Chinese New Year holiday was more muted than usual. And there is little prospect for price relief the rest of the year, analysts say, with the supply of large, intercontinental aircraft still far below pre-pandemic levels and ocean capacity oversubscribed.

Market watchers describe conditions for air shipments as volatile. COVID-19 has changed life and economic conditions so much that...

https://s29755.pcdn.co/news/transport-buyers-dig-deeper-into-wallets-for-air-cargo

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