Fears air freight rates may soar even higher as tech launches loom

Air freight rates could see further increases as forwarders report an up-to-four-week wait for ocean freight bookings from China to Europe.
While transpacific ocean freight is enjoying more capacity, the westbound trade is expected to get “a lot, lot worse”, which could cause a knock-on effect in air freight as frustrated shippers look to move goods faster.
Air prices have been rising for the past fortnight and there are concerns among shippers …

The post Fears air freight rates may soar even higher as tech launches loom appeared first on The Loadstar.

Source: The Loadstar

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