Airfreight Rates Predicted to Rise over the Coming Months as Capacity Tightens

Airfreight rates from China and Hong Kong are set to rise again over the coming months as new product launches and a lack of capacity put load factors under pressure, according to freight forwarder Flexport.

Last week rates out of Asia appeared to stabilize — and even crept up a little on some routes — after declining from a mid-May peak.

But in its latest market update, forwarder Flexport warned that prices could be set to rise again over the coming months.

Read more in an article from Air Cargo News.

Source: CIFFA (22-07-2020)

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