Air freight rates may have rebounded following severe weather disruption across Europe and the US, but one index is reporting a double-digit drop this week.
TAC Index claims China to Europe (at $2.68 per kg) and China to US (at $3.54 per kg) prices have fallen 12.6% and 9.7%, respectively, week on week.
And forwarders told The Loadstar today they have no explanation why.
Figures released yesterday by Freightos show China-US air freight rates at $6-$7 per kg, …

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Source: The Loadstar