News / Air freight rate increases slow – and even reverse – as more capacity arrives

El Al loading PPE on a 787 © Peter Krocka

12/05/2020

Air freight rates are finally stabilising, after weeks of rising at unprecedented levels.

Charter brokers and air freight rate indices are seeing increases slow – or even reverse – as more capacity comes into the market.

Freight Investor Services (FIS), using data from the TAC Index, revealed a 47-cent decline in Shanghai to Europe prices, Hong Kong to Europe has fallen by 18 cents, while China to Europe, overall, has fallen 32 cents.

China to the US remains strong, said FIS, with Shanghai ...

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Rob
May 12, 2020 at 2:57 pm
Really good news if it can continue. A lot of importers into EU/UK are paying through the nose for air freight, rates are still far too high and have a long way to go.

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