Air freight rates start their descent as more capacity arrives amid demand slump

The air freight market is starting to see rates fall as capacity comes in – and demand subsides.
New figures out today show May volumes have improved month on month, but the past two weeks have seen demand dip, perhaps signalling “more challenging times ahead as airlines return capacity to the market”, warned Clive Data Services, which published the figures.
“May was less bad than April”, with volumes down 31%, while April …

The post Air freight rates start their descent as more capacity arrives amid demand slump appeared first on The Loadstar.

Source: The Loadstar

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