xeneta
Global air cargo continued its positive start to 2024 with a second consecutive month of double-digit growth in February, according to Xeneta’s weekly marketing analysis.Air freight’s January’s 11 percent volume growth saw similar improvement in February for airlines and freight forwarders, with demand increasing more than 11 percent year-over-year.The improved volumes, despite it being a slower time for air freight volumes, resulted in an average global spot rates rising 2 ...
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Ocean freight shipping rates are expected to increase further in February amid the ongoing Red Sea crisis, according to data from Xeneta, the ocean freight rate benchmarking platform.However, there are signs that rates could begin to fall again following the Lunar New Year peak, the Oslo, Norway-based company said.Xeneta’s projections ...
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