News / Black Friday peak for air freight rates, but port congestion may bring a Xmas bonus

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Black Friday, according to retailers, saw sufficient goods in stock for the annual discount buying spree across the western world. As a result, air freight rates, which have hit year-highs, are now beginning to ease off, according to market sources.

But it’s not quite over yet – there are concerns that shops in the US may have difficulty in re-stocking next week, as the west coast ports continue to struggle with congestion.

As a result, charter rates out of China remain high ...