Overcapacity looms for ocean trades – with more blanked sailings inevitable
Notwithstanding the possible effects of the US tariffs on global container trades, the box lines ...
© Vetkit
By Alex Lennane
Airfreight rates are beginning to “soar”, according to one Chinese forwarder, and airfreight indices have shown decent growth since 1 October.
TAC Index data shows rates out of China to the US up 6%, and up 4.6% to Europe, in the past month – but, out of Hong Kong, rates grew 14% to North America, to $5.80 per kg, and 9.7% to Europe, at $4.26/kg.
Freightos’ FAX shows bigger jumps: rates from South Asia to North America have jumped 12.5% since the ...
Comment on this article
Lewis Theloadstar
November 01, 2023 at 7:05 pmI wonder how rates compare to previous years