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Soft demand, belly cargo recovery drive down airfreight rates  

Cargo declines seen in pharma, fashion, tech, automotive 

Stuart ToddbyStuart Todd
May 5, 2023
in Capacity & Demand
Reading Time: 2 mins read
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Soft demand and the return of bellyhold capacity continue to drive down airfreight rates; however, if China’s economic recovery maintains its swift pace and the possible recession in the West is brief and shallow, the market could reach a bottom soon.  After a modest bounce during March, global airfreight prices resumed their downward trend last […]

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