IQ Insider

Air Freight Negotiation Power Remains with the Shipper

Written by Supplyframe | Sep 7, 2023 6:56:20 PM

Global air cargo ton-kilometer (CTK) net charges were down by over 7% in Q2, and for the entire month of July year-on-year, net charges were off by upward of 15%, based on multiple index provider datasets. Electronics supply chain professionals are advised to push back on surcharges and leverage further price deterioration for fall and 2024 contract negotiations.