Transpacific air freight rates are surging again, with prices up more than 8% in the past week.
China to the US saw rates rise 8.6% to $5.16, while Hong Kong to the US jumped 9% to $5.35, according to the latest TAC Index figures.
Forwarders have reported, however, that the rates tend to be even higher than the index records.
Freight Investor Services (FIS) said rising rates were encouraging carriers to continue to …
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Source: The Loadstar
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