Freight moving away from air to ocean

Findings corroborate drop in airfreight figures

air airfreight volumes Asia Europe freight imports ocean Stifel Nicolaus trade lanes Transport Intelligence US

The trade lanes linking Europe with Asia and the US will see a steady movement of freight from air to ocean, according to a recent survey by investment firm Stifel, Nicolaus and research firm Transport Intelligence. The November survey of 300 international users of freight services said that 81 per cent said that a trend was emerging where goods previously that were moved by air earlier were now moving to ocean freight.  

The findings corroborate recent figures. There has been an erratic flow in airfreight volumes: European air imports from Asia fell 6.3 per cent from October levels and imports from the United States went down 5.5 per cent over that same period.