Air freight rates stay high, despite recovering capacity and easing fuel costs
Air freight rates remain stubbornly high, despite a steady recovery in capacity as airlines, forwarders, ...
Airlines are cancelling cargo flights from Shanghai Pudong (PVG) following the city’s Covid lockdown, with diverted cargo likely to push up airfreight rates at alternative gateways.
Yesterday, Cargolux announced it would suspend PVG flights until at least 2 April and, according to Crane Worldwide Logistics, other ...
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