Airlines rethink strategy as ecommerce to US begins decline
Shippers and forwarders are waiting to see how airlines manage their capacity before locking into ...
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By Alex Lennane
Airfreight rates out of China to the US and Europe have plummeted after December’s record holiday season.
Prices out of China to the US peaked on 13 December at $15.13 per kg, the highest rate ever recorded according to the TAC Index, but have since fallen nearly 30% to $10.68.
To-Europe rates hit their 2021 peak on 27 December, at $8.82 per kg, and have dropped about 17%, to $7.34/kg.
“Rates have finally begun to cool as we enter the seasonal first-quarter airfreight ...
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