Middle East premium fades – but AI boom keeps air freight rates aloft

Air freight markets appear to be settling, with capacity largely returned to the Gulf, fuel prices easing, and freight rates gradually drifting lower.  Yet rates remain stubbornly high by historical standards, despite widespread expectations that the market would cool significantly in the second half.  A changing mix in demand, with AI-related shipments increasingly replacing ecommerce as air carg Read full article →