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Rising jet fuel price puts extra pressure on airfreight sector

Soumis
 
Fuel wasn't a focus for cargo shippers last year. Now it is. Airlines are upping fuel surcharges and what about those ghost flights with cargo the only customer? (www.freightwaves.com) Plus d'info...

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KenWD0ELQ
Ken Mitchell 2
Joe Biden (or is it Xho Bi Den?) PROMISED higher oi; prices, and it looks like he's delivering.

Last year, the USA was committed to fracking and drilling. Now we're not.
JMARTINSON
JMARTINSON 1
Great point Ken, because nothing encourages fracking and drilling like negative crude prices.

Don't quit your day job.
ekulisch
Eric Kulisch 1
True, but it's not b/c the government is doing anything. It's OPEC tightening supply and economies operating at much lower levels, so much less consumption.
JMARTINSON
JMARTINSON 1
Eric, unless you are referring to the day job quip, you might want to double check because what I said is not just false, it's the polar opposite of true.
ekulisch
Eric Kulisch 1
Ah, I see, you were being sarcastic. My bad.
ekulisch
Eric Kulisch 1
Um, I think it's the market at work. More people working and traveling as we come out of COVID.

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