Airport congestion masks softening in trans-Atlantic air cargo

A large cargo pallet on the tarmac waiting to be loaded in the open door of a large jet.

The cargo holds of aircraft flying between Europe and North America are less full than a month ago as the number of passenger flights swells and shipping demand softens, but supply chain friction and high jet fuel prices are artificially propping up freight rates in a declining market, according to logistics experts.

Cargo owners could enjoy considerable pricing relief in the months ahead if airport constraints get better, Niall van de Wouw, co-founder and managing director of analytics firm...

https://www.freightwaves.com/news/airport-congestion-masks-softening-in-trans-atlantic-air-cargo

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