But if China keeps growing fast and any recession in the west is brief and shallow, perhaps the market may yet reach a bottom soon.
After a modest bounce during March, global air freight prices resumed their downward trend in April.
According to TAC Index, a leading price reporting agency for the sector, the overall Baltic Air Freight Index (BAI00) dipped a further 0.8% during the week to 1 May, to leave …
The post Weak demand and rising capacity drive air freight prices lower appeared first on The Loadstar.
