Larger forwarders have been slow to embrace ecommerce – but it is the sector currently driving demand in airfreight.
Last week, airfreight rates out of China to the US rose 14%, to $5.91/kg, according to the TAC Index, while to Europe rates rose 11%, to $4.61/kg.
Market players said this current demand is driven by ecommerce rather than B2B general cargo.
While the market this year has seen volumes, on average, down about …
The post Forwarders losing out on the ecommerce business driving airfreight demand appeared first on The Loadstar.
