Baltic Air Freight Index down 1.8% last week
Hong Kong-to-U.S. volumes up 0.8% WoW
Global airfreight prices continue to slide, though more slowly, and the overall Baltic Air Freight Index fell another 1.8% from May 22-29. Over 12 months, the index has dropped 48.3%. Given the uncertain global economic outlook, it is not surprising there has been no sign yet of a peak season in container shipping, which usually […]
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