The International Air Transport Association (IATA) released data for global air freight markets, showing a modest 1.6 per cent rise in volumes in March compared to a year ago, measured in FTK. The industry’s March performance stands in sharp contrast to the exceptionally strong 12.2 per cent rise reported for February. February’s performance, however, was positively skewed by the combined impacts of the timing of the Lunar New Year and the labor dispute at US West Coast … [Read more...] about IATA: Air freight resumes modest growth trend
March 2015
Drewry: Airfreight rates slip in March
Drewry’s East-West Air Freight Price Index slipped 2.3 points in March to a reading of 99.5, losing the gains achieved in February. The London-based research and advisory firm said: "A retreat in pricing was anticipated with load factors softening following factory closures over the Chinese Lunar New Year holiday period and from easing congestion in US West Coast ports dampening air freight demand." Drewry expects air freight pricing to have recovered through April, with the onset … [Read more...] about Drewry: Airfreight rates slip in March
