February airfreight rate volatility creates risky environment for forwarders

High airfreight rates, tight capacity could lead to losses for logistics companies

Los Angeles International Airport (LAX) Photo credit: Glenn Beltz, flicker

A recovery in airfreight volumes to pre-pandemic levels in February, combined with continued year-over-year capacity shortages, stand to negatively impact gross margins for freight forwarders by 8% to 10% on some trade lanes. The volume recovery alongside capacity shortages caused pricing instability in February, according to Robert Frei, business development director at TAC Index. He […]

 

Not a subscriber? Click here to subscribe to Air Cargo World today!

Exit mobile version