Airfreight rates out of major Asian cities Rising Again
Updated: Jul 31, 2020
Airfreight rates out of major Asian cities showing signs of increasing as demand shows signs of picking up.
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 stabilise — and even crept up a little on some routes — after declining from a mid-May peak.