Forwarding, Freight News

Improvement ‘just a blip’ says Stifel

[ March 24, 2016   //   ]

Improved results in January and February may be merely blips within a downward tren, say the publishers of the Stifel Logistics Confidence Index which reported a renewed fall in March.
China’s February trade volume showed significant declines in both imports and exports, with the latter contracting 25.4% year on year; the steepest decline since May 2009. And at the beginning of March, Alphaliner reported that the global fleet of idle container ships reached a six year high.
In air freight, IATA released statistics for January showing that monthly demand had risen by 2.7%, though available capacity increased by 7%, resulting in a 1.8% contraction in average load factors.

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