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Air cargo capacity likely to exceed demand for foreseeable future

Shippers gauge possibility of locking in rates for 3 to 6 months rather than ad hoc procurement

Stuart ToddbyStuart Todd
February 24, 2023
in Capacity & Demand
Reading Time: 2 mins read
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Airfreight limped into 2023 with weak expectations, and the first two months of the year have done nothing to change that, according to the latest market advisory from Denmark-based forwarder Scan Global Logistics.  Airfreight rates have softened. The Drewry East-West Airfreight Price Multiplier increased to 16.6, indicating how much the cost advantage of ocean freight […]

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Tags: ACNAir Cargoairfreightairfreight growth forecastPremiumScan Global Logistics
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