Shipping disruption and e-commerce demand driving up airfreight rates
The start of the airline summer season this month is likely to hit airfreight rates ...
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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Alex Lennane
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Alessandro Pasetti
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