Air freight rates beginning to drop from staggering highs

SalesMoney Matters
Written By Jennifer Joslyn

✈️ Annnnnd… down we go.

According to data from Clive Data Services, constant issues plaguing world trade have caused air freight rates to droop from their recent historic highs. Niall van de Wouw, founder of Clive and now Chief Airfreight Officer at Xeneta, referenced the recent drop as a result of supply chain disruptions that are out of industry leaders’ control. Freight demand volume in the international air cargo industry fell 9% over July - still resting quite high. Persisting war in Ukraine, inflationary issues, and staff shortages may continue to keep rates elevated.

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Jennifer Joslyn
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