Air Freight consolidation shipments from Japan in May totaled 88,829 tons (+85.9% y/y) and 221,845 cases (+34.9% y/y). The increase was in reaction to a sharp drop in handling volume in the same month last year due to lockdowns in various parts of the world.
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See AllGlobal air cargo demand increased by 11% year on year in March for the third consecutive month, driven by factors like e-commerce and disruptions in Red Sea shipping. Xeneta's latest analysis revealed
Ocean freight rates decreased via North America East Coast (-3.9% week-over-week), North America West Coast (-2.8%), Europe (-0.7%), and Korea (-1.9%).
Air cargo rates on major east-west trades in February continued their decline compared to last year due to the timing of the Lunar New Year break. According to the Baltic Exchange Airfreight Index (BA
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