Forwarders predict fall in airfreight rates as ecommerce eyes sea freight
Forwarders are warning that although the airfreight market currently seems stable, conditions could change very ...
By Alex Lennane
Air freight rates have fallen sharply over the past week, continuing the recent slide.
The TAC Index published its latest charts today, showing China to Europe falling $1.06 – with Shanghai to Frankfurt dropping the most, by $1.68.
China to the US fell $0.57, with Hong Kong overtaking Shanghai in pricing.
Freight Investor Services (FIS) revealed that its forward curve for June showed prices would drop $0.50 from China to Europe, and down $0.55 from China to the US, and say it will ...
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