Air freight rates ex-Dhaka set to surge after transhipment options are cut
Airfreight rates out of Dhaka are expected to surge after India cancelled transhipment access for ...
As forwarders predict a September take-off for the air freight peak season, cancelled passenger flights between China and the US could put a squeeze on transpacific capacity.
Last week, the US government suspended 26 China-bound September flights from Chinese carriers in a tit-for-tat response to the Chinese government’s move to cancel flights by US carriers over Covid cases.
The impacted airlines include Xiamen, Air China, China Southern and China Eastern, while the US airlines are American, Delta and United.
The reduced capacity could ...
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