Air cargo forwarders stick to spot rates – a long-term contract would be 'foolish'
Air cargo forwarders are sticking to using spot market rates, because “anything can come out ...
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Air freight rates are continuing their climb, with the sector enjoying back-to-back monthly increases and year-on-year growth.
In Drewry’s latest East-West Airfreight Price Index, rates were up 1.9% in July, compared with June, and up around 1.5% against July 2016.
“In anticipation of a strong peak season, several forwarders have upped their capacity allocations out of Asia and have lined up charter capacity,” said Drewry. “We expect airfreight rates to further grow in August.”
Transpacific eastbound was the strongest lane, up 5% year on year to ...
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