DHL Air Freight State of the Industry – March 2023

Find out the latest developments of the global air freight market in this monthly analysis by DHL Global Forwarding.
  • Demand has seen slight increase compared to February 2023, with more export orders in Asia Pacific emerging markets.
  • With demand remaining low, capacity is still sufficient, even as an increasing PMI Index means higher manufacturing output for Asia Pacific.
  • Rates still remain competitive for most tradelanes, while jet fuel prices are still at a higher level than pre-pandemic at US$125 per barrel in March 2023.
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