airfreight market rates Archives - Page 2 of 2

Air cargo market: Rationality returns, but for how long?

5 July 2020

Big silver jet with pallets of cargo next to it on the ground.

Current and lagging indicators show the air cargo market is continuing to stabilize after a three-month bubble that saw transport rates quintuple for China export routes. Despite the apparent slow-down in shipments of personal protective equipment, shortages of face masks and other medical supplies at U.S. hospitals could make the correction short-lived.

Air freight volumes are picking up as the recovery in global economic activity spurs cross-border trade in more typical goods for manufacturers...

https://s29755.pcdn.co/news/air-cargo-market-rationality-returns-but-for-how-long

Market watch: Air cargo frenzy dies down

23 June 2020

Cargo on pallets waiting to get loaded on a plane.

The white-knuckle ride through the airfreight market stratosphere has ended as prices continued to fall back toward earth again last week, bringing relief to companies that purchase air transport to move their goods.

The change in conditions is best illustrated by export flows from China to the U.S. and Europe, where air rates have tumbled more than 60%, from $15 to $20 per kilogram at one point, to under $10 per kilogram, as panic-buying for personal protective equipment (PPE) gives way to...

https://s29755.pcdn.co/news/market-watch-air-cargo-frenzy-dies-down

No let up in volatility for air cargo market

3 June 2020

Boxes being loaded in rear door of plane with red tail.

Trailing data released Tuesday by the International Air Transport Association (IATA) showed total air cargo volume in April plunged 27.7%, year-over year because of the global recession caused by the coronavirus crisis. The airline industry group said it was the sharpest one-month fall in cargo business since it started collecting data in 1990.

The figure is consistent with previous anecdotal accounts from companies and market research. World ACD, which tracks airway bills — essentially the...

https://s29755.pcdn.co/news/no-let-up-in-air-cargo-volatility