We review how the pandemic has impacted the air freight industry and what the outlook is for the rest of the year.
Because more than 80% of the world’s traded goods are carried via sea the sector has a major environmental impact.
Over the last seven months usage of the rail freight service between China and Europe has increased rapidly.
Felixstowe Port is struggling to manage the sharp spike in import volumes resulting in severe disruption to normal levels of service.
Ocean freight rates for shipments from Asia to Europe and the US go through the roof as carriers hold back from committing to a full schedule.
The last month has seen sea freight demand soar resulting from the reopening of retailers throughout Europe.
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