Europe (+3.9%), North America via West Coast (+1.6%), North America via East Coast (+3.0%), and South Korea (+1.2%) increased.
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See AllAccording to the International Air Transport Association (IATA), global air cargo traffic fell 8.3% in May from the same period last year, marking the third consecutive month of decline. The biggest f
Ocean freight rates decreased via the East Coast of North America (-1.7% week-on-week), via the West Coast of North America (-2.5%), Europe (-2%), and Korea (-2.7%).
Airfreight exports from Japan in May totaled 85,581 tons (-9% y/y), according to the Japan Air Freight Forwarders Association (JAFA). This was the fifth consecutive month of year-on-year decline. By d