Xeneta: First signs of e-commerce uncertainty in February airfreight figures

Xeneta: First signs of e-commerce uncertainty in February airfreight figures

The first signs of the impact of stricter requirements around e-commerce were visible in February’s air cargo data, while the overall market continued to grow.

That is according to an excellent article on the Air Cargo News website, which makes interesting reading for Davies Turner, with our a strong presence in the expedited international airfreight business, through our subsidiary Davies Turner Air Cargo.

Figures released recently by data provider Xeneta show that in February air cargo demand increased by 4% year on year, the dynamic load factor was flat at 59% and the average spot freight rate was up 10% to USD2.53 per kg.

However, Xeneta chief airfreight officer Niall van de Wouw said that there was also a “taste of what’s to come” with stricter rules around e-commerce shipments when rates from Shanghai to the US fell by 29% month on month in February to USD3.23 per kg.

The Air Cargo News article can be read in full here:

https://www.aircargonews.net/data-news/xeneta-first-signs-of-e-commerce-uncertainty-in-february-airfreight-figures/1079783.article?CMID=E6284E387-CMP93CON93-RCP2I1184O31&utm_campaign=ACN-THURSDAY-060325-JM&utm_medium=email&utm_source=Email&utm_content=Newsletter

Please contact aircargo@daviesturner.co.uk for more information about our global air freight forwarding and logistics services, or visit https://www.daviesturner.com/air-freight