The unexpected drop in ecommerce traffic has exposed the airfreight market’s “dependency” on this single vertical.
Forwarders told The Loadstar that since the pandemic, the sector had been “geared around ecommerce, with other shippers’ volumes having been down massively for ages; so when ecommerce drops, it has a huge impact”.
One said “ecommerce volumes had fallen off a cliff” since the start of the year, after previously supporting rates out of China.
They …
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