Geopolitical tensions have tempered the optimism in the airfreight sector prompted booming global rate gains as the market “cruised” into 2025.
Xeneta’s end-of-year market report noted that 2024 ended with the 14th consecutive month of double-digit demand growth, December recording an 11% year-on-year uptick in volumes, driving spot rates 15% higher than 12 months prior.
With end-of-year spot rates at a global average of $2.99 per kg, Xeneta’s chief airfreight officer, Niall …
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