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Flexport sees 10% slip in YoY demand

43% rate increase HKG to FRA shows e-commerce uptick

Courtney BlackannbyCourtney Blackann
November 21, 2023
in Air Cargo Traffic
Reading Time: 3 mins read
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Despite a pre-Thanksgiving pop of action, airfreight continues to remain mostly flat as the year comes to an end, with Flexport reporting a 10% decrease in year-over-year demand during its airfreight market update webinar today.  While capacity increased 7% compared with the same time last year, demand is slow and rates continue to fall flat, […]

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