AIR cargo capacity on routes out of Asia has increased significantly as belly hold space floods into the long-haul trades, reports New York’s Journal of Commerce. However, softening demand from major markets hit by inflation leads to a drop in rate levels. According to data from WorldACD, cargo capacity has risen 36 per cent over the past five weeks out of Asia, while tonnage carried fell seven per cent, and overall rates on all Asian export routes plunged 44 per cent. International Air...
https://www.seanews.com.tr/asian-air-cargo-rates-fall-on-rising-capacity-cooling-demand/196781/