Forwarders are predicting surging cargo volumes on the transatlantic air freight trade as US authorities lift the ban on travellers from Europe and carriers introduce more bellyhold capacity on passenger aircraft.
This capacity expansion could also soften rates, which have been at elevated levels during the height of the pandemic.
Andy Serpant, national airfreight manager at Europa Air & Sea, said he expected “a sharp recovery in volumes on the transatlantic route …

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Source: The Loadstar