PRESS ROOM

The U-Freight Group, which has a strong presence in the expedited international airfreight business, notes a report on the Air Cargo Week website that suggests that whilst the air freight market has been on a rollercoaster ride of late, 2024 could see a return of ‘classic seasonality’.

That is according to Oslo-based Xeneta, the leading ocean and airfreight rate benchmarking and intelligence platform, which has released its 2024 Outlook.

Niall van de Wouw, Xeneta Chief Airfreight Officer, said: “2024 could be an opportunity for shippers to catch their breath after the volatility of the past few years.

“The rapid rate decline which started earlier this year has calmed down in recent months. It seems to be the market has a new baseline, from which I expect classic seasonality patterns to emerge.”

To read the full article visit this website: https://www.aircargoweek.com/2024-will-see-a-return-of-classic-seasonality-in-airfreight-industry-but-risks-remain-on-the-horizon/?mc_cid=f51bc79cd5&mc_eid=dd3d18434d

For more information about the U-Freight Group's global air freight forwarding and logistics services, please contact your local U-Freight office.