Shanghai spot rates drop signals air cargo e-com volume future: Xeneta

The political struggle among some top trading nations may have taken its first nibble at global e-commerce volumes in February’s global air cargo market data, with spot rates from Shanghai to the US falling by 29 per cent month on month, Xeneta said.
Global air cargo demand grew by 4 per cent YoY in February, marking a continued slowdown from the double-digit growth seen in each month in 2024.