Accurate forecasting by shippers will be crucial to manage their shipping requirements – and costs – efficiently, as air freight rates look set to remain high this year.
The Baltic Air Freight Index saw a 100% year-on-year increase this week, while the past few weeks have seen the highest readings since the Q2 capacity shortage.
However, forwarders in Asia have noted a softening market ex-China, in part due to lockdowns, although e-commerce remains …
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Source: The Loadstar
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