Airfreight rates ex-Dhaka plummet post-holiday, alongside demand
Airfreight rates have generally begun to ease off as volumes lower following the holiday period ...
Super-cyclone Mocha, which pounded Bangladesh and Myanmar’s coasts yesterday, led to the suspension of operations at both Chittagong and Mongla seaports and Sittwe port in Myanmar. More delays are expected.
Sittwe port, part financed by India, only opened last week, with the first ship arriving last Tuesday. The city was devastated by the cyclonic storm, which killed at least three people and wrecking roads and destroying homes and other establishments.
Operations at the port were suspended on Friday as cyclone Mocha approached.
Flight operations at ...
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