Air cargo rates ‘close to parity’ with 2018-19 levels
Future ‘incrementally harder’ for industry
Air cargo rates remain well below pandemic-era levels and, when adjusted for fuel, are close to 2018-19 levels. These are two major takeaways from investment bank Stifel’s latest market update, based on the latest data from the Baltic Exchange’s Baltic Air Freight Index. On a year-over-year basis, cost per kilogram in June fell 40% […]
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