News / Forwarders warn of likely further air freight rate rises ex-India

© Andrii Yalanskyi |

Forwarders are reporting air cargo congestion and rising air freight rates out of the Indian sub-continent – a situation they fear may get worse, owing to religious festivals.

Rates from India to Europe have risen 75%, month on month, according to data from Xeneta, with spot rates for the week ending 10 March at $2.85/kg. Bangladesh to Europe has risen 29%, to $3.44.

Wenwen Zhang, Xeneta airfreight analyst, said: “The surge in spot rates from India to Europe is primarily due to ...