Airfreight expected to take a hit from de minimis exemption suspension
Airfreight rates could plummet – along with demand – following the US suspension of the ...
Airfreight rates have fallen to their lowest level since the pandemic began, according to the latest figures from both Xeneta and Tac Index. And signs of a peak have all but vanished, according to Clive Data Services.
Xeneta noted that the global rate was $2.19/kg in August, with chargeable weight declining for the fourth consecutive month. Tac Index data shows major tradelanes all flatlined in the past week – with the exception of China-Europe, which fell 2.2% to $3.09/kg.
Global capacity in ...
The shape of Asia-Europe shipping capacity as the new alliances bed in
DSV agenda reveals it's eyeing more M&A – and pay rises for directors
'Clear winners and losers' as global supply chains are rebalanced
Congestion at Vancouver worsens – but it's not all the port's fault
Rough seas drive powerless MSC box ship aground on Canadian coast
Ocean carriers hold contract rates 'at a decent level', as spots tumble
US DoJ charges aerospace firm with smuggling aircraft parts to Russia
Comment on this article