The National Retail Federation now says it expects a downward shift in the second quarter as importers face challenges from tariffs and elevated inventories in the wake of significant cargo frontloading.
Zim’s decision to keep more capacity available for spot rather than contract business on the trans-Pacific allowed it to capitalize on the expanded deployment of capacity on the trade.
The ability to shift capacity to alternative growth markets combined with a diversified cargo mix will insulate the airline from US moves to target e-commerce imports from China, according to its chairman.
