Air freight rates and market volatility in 2020 – 'can things get any stranger?'

December 21, 2020

WorldACD said November saw a fairly typical (for 2020) volume decline of 12.6%, year on year – but rates rose at their fastest since “the crazy months of April and May”. November rates were up 79% year on year and up 11.2% on October – a more ‘normal’ rise between October and November would be 4%. Volumes, however fell 2% month on month, capacity rose 1% from October and, although freighter capacity fell 1%, belly capacity rose 3%.

Full Story at The Loadstar >