Transatlantic air cargo was a real bright spot in 2022, both in terms of volumes and market rates. Containerised shipping did not do as well in volume terms, but rates have remained strong even as they have tumbled back down to earth in other markets. This analysis discusses the interplay between demand, capacity, and the relative competitive position between air and sea freight and how this is likely to evolve over the next year.
Posts tagged as “Mode Choice”
Understanding what drives mode choice is key to understanding the demand for freight transportation capacity, in particular for air cargo and long-distance rail, where small shifts to and from ships can have big impacts. This article looks at what drives the choice of air, sea, road and rail transport.