CLIVE: Rates continue steady drop with slowing demand and rising capacity

Airfreight rates remain high compared to historic numbers

© Can Stock Photo / FER737NG

The airfreight industry entered Q3 with a 9% year-over-year decline in volumes globally, but with hope of lower airfreight rates as prices fell month over month in July.   Global capacity rose 4% YoY in July but remains 11% lower than 2019 levels, according to today’s update from CLIVE Data Services. CLIVE’s dynamic load factor — […]

 

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