News / Air freight rates on the up again, driven by more demand for less capacity

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Forwarders are reporting that air freight rates are still on the rise, driven by demand from distressed sea freight, e-commerce, hi-tech launches and general retail.

Meanwhile, capacity for the two weeks up to 10 October remained 20% below the same time last year, albeit one percentage point higher than the previous two weeks.

Airlines rates have seen a $2 per kg rise in the past two weeks – and are still rising.

“China is busy all over – especially with the northern region ...