Sourcing PPE dominates air capacity and pushes rates, but more lift is on the way

The scramble for personal protection equipment (PPE) has buoyed airfreight, pushing rates to lofty heights.
National governments’ determination to secure PPE at almost any cost has been a significant factor, but it has prompted the deployment of fresh capacity that is beginning to put the brakes on prices.
While passenger airlines have slashed more than 90% of their flights and are bleeding cash at alarming rates, airfreight is generating record yields. Rates are …

The post Sourcing PPE dominates air capacity and pushes rates, but more lift is on the way appeared first on The Loadstar.

Source: The Loadstar

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