'Peak season already over' as ocean freight rates collapse further
Carriers’ efforts to stave off a rates collapse have met with marginal success over 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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Alex Lennane
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During August 2023, please contact
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Alessandro Pasetti
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