'Stop-gap measures' shippers could use to cope with the China tariff crisis
Exporters in China are invoking short-term emergency supply chain plans to try to mitigate tariff ...
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By Alex Lennane
Air freight demand in Europe looks set to soften this month, but the currently strong rates are not expected to crash.
“Rates this week have pushed up further, we saw a general increase of $0.40 to $0.50/kg to Europe, while some of charter flights went up too, and commercial flights all increased prices,” said one Chinese forwarder.
“It is mainly triggered by reduced capacity,” he added. “The three flagship carriers in China cut some of their flights.”
The forwarder picked out China ...
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