Air freight rates are finally stabilising, after weeks of rising at unprecedented levels.
Charter brokers and air freight rate indices are seeing increases slow – or even reverse – as more capacity comes into the market.
Freight Investor Services (FIS), using data from the TAC Index, revealed a 47-cent decline in Shanghai to Europe prices, Hong Kong to Europe has fallen by 18 cents, while China to Europe, overall, has fallen 32 …
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Source: The Loadstar
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