February airfreight rate volatility creates risky environment for forwarders

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 […]