February air freight rates hit by ‘demand lull’ after strong start to 2018

Air freight rates are expected to have dipped in February, after a reasonably strong start to the year that saw them at their highest January level since 2015.
Drewry’s East-West air freight rate index rose 2% year-on-year in January, but this was 10% down on December numbers, falling $0.30 to $2.76 per kg.
The consultant says it expects February to record a “demand lull”, as Chinese factory closures come into play: “Drewry expects prices to soften …

The post February air freight rates hit by ‘demand lull’ after strong start to 2018 appeared first on The Loadstar.

Source: The Loadstar

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