Air freight rates out of China could leap by 300-400% once production is fully back online and before belly traffic returns to the country.
While manufacturing is unlikely to hit full capacity soon, factories are expected to reopen next week – which comes as bellyhold capacity out of the country has almost dried up.
“Right now we’re in the calm ahead of the ‘supply chain storm’,” said Neel Jones Shah, head of …
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Source: The Loadstar