Red Sea crisis forces Maersk to increase capacity over strategy limit
Maersk Line appears to have temporarily abandoned its strategy of maintaining capacity at no more ...
Photo: © Tanvir Shovon
Airfreight rates in Bangladesh almost doubled over the past month, thanks to a significant rise in volumes and a capacity crunch
Stakeholders said with the market from Dhaka now reliant on belly capacity Bangladesh-Europe rates are hitting $3.50 per kg, up from $2 in December, with exporters being charged $4.50/kg to the US, up from $3 in December.
Freight forwarders have attributed the rising demand to the end of season, pressure on transit points linked to the Chinese New ...
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