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News / Freight rates begin to rise as Shanghai slowly reopens for business

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© Yongnian Gui
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Chinese forwarders are seeing freight rates rise as factories re-open and goods start to move.

“Factories are reopening bunch by bunch, upon approval, in the areas around Shanghai,” confirmed one local forwarder.

One of the challenges has been haulage, but truck capacity is beginning to return as ...

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    air cargo market Air freight rates Shanghai Shanghai lockdown TAC Index