Shippers hoping for relief in air freight rates early next year can expect to be disappointed, according to consultants and analysts.
A host of factors, including the Omicrom variant and its likely impact on belly capacity and lockdowns, spurring spending on goods rather than services, as well as a shortage of labour, could see pricing remain high.
“These factors should support persistently elevated air freight rates in our view, and any shippers …

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Source: The Loadstar