An insightful article on the Air Cargo News website suggests that the first signs of the impact of stricter requirements around e-commerce were visible in February’s air cargo data, while the overall market continued to grow.
This makes interesting reading for the U-Freight Group, with our strong presence in the expedited international airfreight business.
Air Cargo News reports that figures released recently by data provider Xeneta show that in February air cargo demand increased by 4% year on year, the dynamic load factor was flat at 59% and the average spot freight rate was up 10% to USD2.53 per kg.
However, Xeneta chief airfreight officer Niall van de Wouw said that there was also a “taste of what’s to come” with stricter rules around e-commerce shipments when rates from Shanghai to the US fell by 29% month on month in February to USD3.23 per kg.
The Air Cargo News article can be read in full here:
https://www.aircargonews.net/data-news/xeneta-first-signs-of-e-commerce-uncertainty-in-february-airfreight-figures/1079783.article?CMID=E6284E387-CMP93CON93-RCP2I1184O31&utm_campaign=ACN-THURSDAY-060325-JM&utm_medium=email&utm_source=Email&utm_content=Newsletter
For more information about the U-Freight Group’s global air freight forwarding and logistics services, or our e-commerce logistics operations, please visit the relevant pages of this website or contact your local office, details of which can be seen here: https://ufreight.com/locations