Forwarders and shippers brace for Q4 hike in air cargo rates
12 Jul, 2024
Airlines are looking ahead to air cargo’s fourth quarter peak season to decide how best to maximise returns from capacity out of Asia as spot rates are predicted to go sky high.
With a backdrop of more demand and less capacity, industry analyst Xeneta has warned that shippers and forwarders seeking capacity during the fourth quarter may find themselves “at the mercy of the market”, especially if they looking to move shipments out of Asia Pacific.