While data published last week showed that June’s air freight rates were depressed, it looks as if they are gently picking up again.
This morning the TAC Index showed that, while a number of routes in the past week had suffered slight declines, overall, rates were generally risen from June lows.
Hong Kong to Frankfurt crept up last week towards the HK$22.5 level, last seen in January, while Hong Kong to Amsterdam remained broadly …
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Source: The Loadstar