In the first full week of May airfreight retreated on a global basis from the previous week (WoW) both in terms of chargeable weight and pricing, accompanied by a reduction in capacity. This was driven by the conclusion of the holiday period in Asia and the end of the boom in flower traffic for Mother’s Day. On an annual basis traffic as well as pricing remained elevated.
For more details, please refer to the WorldACD weekly report (PDF).
