Air Cargo Rates Continue to Fall as Capacity Rebounds, Offering Relief for Shippers
The global air cargo market is providing potential relief for shippers as freight rates consistently decline. This downward trend is primarily driven by a significant increase in available capacity, largely due to the return of passenger flight belly space. While air cargo demand has shown a slight recovery from previous lows, it has not been strong enough to absorb the new capacity. As a result, the dynamic load factor, a key measure of how full aircraft are, has dropped. This market correction signals a shift away from the carrier-favored conditions seen during the pandemic.
Official Source: https://aircargoweek.com/relief-may-be-on-the-way-for-shippers/
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