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© Yongnian Gui |

A perfect storm of disruption in shipping, plus the early February start to Chinese New Year, is expected to push air freight rates up – but it has not happened yet – rail demand from Asia-Europe has increased, however.

The TAC Index noted that the overall Baltic Air Freight Index “suddenly fell 20.5% over the two weeks to 1 January”.

Forwarders say they are getting an increasing number of inquiries, but have not booked significant additional demand on air or sea-air – as ...

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