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‘FOMO’ puts pressure on forwarders

Clive: General airfreight spot rates fall 41% YoY

Joelle AnselmobyJoelle Anselmo
July 7, 2023
in Air Cargo Traffic, News
Reading Time: 3 mins read
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While the decline in global air cargo volumes eased again in June, analysts said fear of missing out, or “FOMO,” has created an irrational air cargo pricing market as shippers indulge in falling rates, which are now $2.31 per kilogram.  Despite the increase in capacity to 8% year over year in June, the drop in […]

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