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 …
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Source: The Loadstar
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