SOUTH AFRICAN AIRFREIGHT SEES 23% RISE IN EXPORTS – AND 147% RISE IN RATES

South Africa’s airfreight market has seen an impressive bounce. Its forwarding association, Saaff, said: “International air cargo to and from South Africa had a bumper week.”

Photo: Tamer Adel

Last week, international airfreight to and from the country rose 16%; imports were up 12% week on week and exports jumped a mighty 23%, despite globally, tonnages falling 5%.

And rates “continued to rise”, added Saaff.

Freightos’ FAX, for shipments of 100-300kg, showed rates from Africa to Europe up 19% in the first two weeks of October, ...

Writer: Alex Lennane