According to data published by U.K.-based shipping consultancy Drewry, airfreight rates continued to fall for the fourth consecutive month in February, hitting the lowest point on record since the Drewry\u2019s \u201cSea & Air Shipper Insight\u201d report began monitoring airfreight rates in May 2012.
\nDrewry reported\u00a0its East-West Air Freight Price Index declined by 3.8 points in February to a reading of 79.2. In U.S. dollar terms, average freight rates were down 4.5 percent, month-to-month, and 18.9 percent, year-over-year, to US$2.57 per kilogram.
\nAccording to Simon Heaney, senior manager of supply chain research, Drewry expects \u201cairfreight rates to remain challenged over the course of the year by weak global demand yet rising capacity, as buoyant passenger traffic releases more bellyhold space.\u201d
\nDrewry\u2019s Air Freight Price Index is a weighted average of all-in airfreight \u201cbuy rates\u201d paid by forwarders to airlines for standard deferred airport-to-airport air freight services on 21 major east-west routes for cargoes above 1,000 kilograms.
\nSource: aircargoworld<\/p>\n","protected":false},"excerpt":{"rendered":"
According to data published by U.K.-based shipping consultancy Drewry, airfreight rates continued to fall for the fourth consecutive month in February, hitting the lowest point on record since the Drewry\u2019s \u201cSea & Air Shipper Insight\u201d report began monitoring airfreight rates in May 2012. Drewry reported\u00a0its East-West Air Freight Price Index declined by 3.8 points in[…]<\/a><\/p>\n","protected":false},"author":1,"featured_media":1305,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[49],"class_list":["post-1304","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-airport-code"],"_links":{"self":[{"href":"https:\/\/www.actlogistics.vn\/kr\/wp-json\/wp\/v2\/posts\/1304","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.actlogistics.vn\/kr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.actlogistics.vn\/kr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.actlogistics.vn\/kr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.actlogistics.vn\/kr\/wp-json\/wp\/v2\/comments?post=1304"}],"version-history":[{"count":0,"href":"https:\/\/www.actlogistics.vn\/kr\/wp-json\/wp\/v2\/posts\/1304\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.actlogistics.vn\/kr\/wp-json\/wp\/v2\/media\/1305"}],"wp:attachment":[{"href":"https:\/\/www.actlogistics.vn\/kr\/wp-json\/wp\/v2\/media?parent=1304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.actlogistics.vn\/kr\/wp-json\/wp\/v2\/categories?post=1304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.actlogistics.vn\/kr\/wp-json\/wp\/v2\/tags?post=1304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}