Airfreight rates ex-China 'loss-making', but hopes of a trade deal stay high
Despite “loss-making” airfreight rates offered for Hong Kong/China-US, Chinese forwarders seem optimistic that the trade ...
Container shipping freight rates continued at their highly elevated levels for another week, as strong consumer demand in North America kept up the pressure on supply chains.
The Asia-US west coast component of the Freightos Baltic Index (FBX) edged up 1.5% week on week, to reach a new high of $5,627 per feu. At the same point last year, the rate was $1,669 per feu.
On the all-water Asia-US east coast trade, today’s FBX reading stood at $7,674 per feu, a week-on-week ...
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