from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun A system of transporting freight by air.
- noun The amount charged for transporting freight by air.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun the
transportationof freightby air
- noun the
amount chargedfor such transport
- verb transitive To transport by air.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- verb transport (cargo) by air
Sorry, no etymologies found.
FedEx /Bloomberg News Hong Kong airfreight volumes serve as a barometer of global trade activity and growth prospects.
Hong Kong airfreight tonnage volumes were down 7.8% year on year, compared with most analysts' expectations for a small increase.
According to R.W. Baird analyst Jon Langenfeld , airfreight weakness has continued into September, casting doubt on the strength of the all-important holiday shipping season.
The Renault F1 team, for example, travels to races with two cars, a spare chassis, eight engines, 25 metric tons of airfreight not including 18 sets of tires for each of the team's two drivers, and a staff of about 70 people.
That is why investors keep a close eye on Hong Kong airfreight volumes, which serve as a barometer of global trade activity and growth prospects.
Any slowing certainly will mean headaches for FedEx, where international airfreight is its highest margin business.
We import everything by airfreight from the Rungis market in Paris on Tuesday and Saturday mornings.
May also said a ban on unaccompanied airfreight coming from Yemen would be extended to Somalia, given possible contacts between al Qaeda in Yemen and terrorist groups in Somalia, as well as concern on airport security in Mogadishu.
The company's Ground package volumes are holding up reasonably well, but its Express division is starting to show some weakness as airfreight volumes slow in global hubs like Hong Kong.
For the two major airfreight shipping companies, FedEx and United Parcel Service , these cargo volumes also are a direct read on business activity.