News Snapshot:
Just when it looked like the airfreight market’s steady yearlong deflation had finally paused, it may have sprung a new leak. Logistics professionals and freight analysts are hard-pressed to say whether freight patterns have normalized or will improve later this year, because there are so many conflicting economic signals and other variables impacting supply and demand. Preliminary data shows air shipping volumes and rates deteriorated faster in the first half of April than in recent weeks, potentially upsetting the narrative that the market has finally stabilized and will slowly gather steam for the busy fall shipping season that failed to...
