Global Air Cargo Rates Stagnate as Broader Logistics Market Cools
The global air cargo market remains in a downturn, with freight rates showing no significant pre-Chinese New Year peak. Industry sources indicate that any potential upcoming rate increases are expected to be brief and unsustainable. This weakness in air freight coincides with the end of the recent rate rally in the ocean container shipping market. Despite the current flat conditions, some logistics leaders remain optimistic about a potential rebound for air cargo in the second half of the year.
Official Source: https://theloadstar.com/oceanx-gunboat-diplomacy-german-woes-rate-rally-ends-mscs-generation-game/
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