Tariffs and de minimis set air freight rates on a volatile course
Airfreight rates are climbing as shippers rush to move goods before a potential trade war ...
By Sam Whelan
As forwarders predict a September take-off for the air freight peak season, cancelled passenger flights between China and the US could put a squeeze on transpacific capacity.
Last week, the US government suspended 26 China-bound September flights from Chinese carriers in a tit-for-tat response to the Chinese government’s move to cancel flights by US carriers over Covid cases.
The impacted airlines include Xiamen, Air China, China Southern and China Eastern, while the US airlines are American, Delta and United.
The reduced capacity could ...
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