Air freight demand in Europe looks set to soften this month, but the currently strong rates are not expected to crash.
“Rates this week have pushed up further, we saw a general increase of $0.40 to $0.50/kg to Europe, while some of charter flights went up too, and commercial flights all increased prices,” said one Chinese forwarder.
“It is mainly triggered by reduced capacity,” he added. “The three flagship carriers in China …

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Source: The Loadstar