Air freight market heating up fast as the peak season gains height

The air freight market is heating up fast as the peak season gets into its stride.
Forwarders are reporting limited capacity on Asia-US, with rates from Hong Kong into New York now hitting HK$36 per kg (US$4.58) on major carriers such as Cathay, Cargolux and Asiana. Los Angeles rates are marginally lower, hovering at between HK$30 and HK$35++.
“The air freight market is very busy in China and Asia,” said one Asia-based forwarder. …

The post Air freight market heating up fast as the peak season gains height appeared first on The Loadstar.

Source: The Loadstar

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