Air Freight Rates Crash Amid Panic Selling Market Shifts
Air freight spot rates have plummeted 41% year-over-year due to increased capacity, pessimistic market sentiment, and pressure from long-term agreements. Airlines face a trade-off between profitability and cargo volume, while freight forwarders need to be agile and adaptable. The market may require several quarters to adjust. Participants should remain rational, strengthen cooperation, improve service quality, and embrace innovation to navigate challenges and seize opportunities. The current market downturn necessitates strategic adjustments for all stakeholders in the air cargo industry.









