News / Airfreight rates in the doldrums as carriers look to set their BSA tariffs

05/01/2023

Asian forwarders are reporting sinking airfreight rates, just as airlines look to set out their BSA tariffs.

Two standard-setting airlines have already set out their BSA rates ex-Asia, according to one source.

Cathay Pacific and Lufthansa Cargo have set tariffs ex-Hong Kong to the US at about $6.50 all-in to the west coast, with an extra 0.50/kg to the Midwest ? although one forwarder told The Loadstar shortly after publication that Cathay had revised its offer downwards, to about $5.60.

“These prices are ...