News / Airfreight rates 'cool' – but shippers should expect prices to remain high

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Airfreight rates out of China to the US and Europe have plummeted after December’s record holiday season.

Prices out of China to the US peaked on 13 December at $15.13 per kg, the highest rate ever recorded according to the TAC Index, but have since fallen nearly 30% to $10.68.

To-Europe rates hit their 2021 peak on 27 December, at $8.82 per kg, and have dropped about 17%, to $7.34/kg.

“Rates have finally begun to cool as we enter the seasonal first-quarter airfreight ...