Trade growth getting stronger, but ocean freight rates stay flattish
While rates on the transpacific continued to soften, and Asia-Europe trades showed marginal gains, the ...
There’s good news and bad: Drewry’s latest Sea and Air Shipper Insight for September records the largest rise in air freight pricing since January, and the third consecutive monthly rise. The weighted average airfreight rate on 21 key east-west trades increased to $3.22 per kg from $3.06 in August. And the bad news? Pricing still lags that seen in 2014, and the rise is not expected to last after product launches finish and end-of-year demand dies down.
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