Receive FREE Newsletter
Advanced Search
+

News / Plunging airfreight rates and no post CNY pick-up: 'the end of globalisation?'

dreamstime_m_178580145
© Dchapurin
By

Collapsing rates and no post-Chinese New Year pick-up paint a sad story for the global air freight market – sources even suggesting it marks ’the end of globalisation as we know it’.

Last week’s reported TAC Index spot rates for Shanghai to the US were $2.58.

A ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.
Current subscriber
New subscriber

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    air cargo data air cargo market airfreight rates China TAC Index