Lunar New Year demand boosts airfreight rates ex-Asia
PVG-US rates up 7.5% week over week
Upcoming Lunar New Year airfreight demand has fueled the ongoing capacity shortage, further elevating airfreight rates out of the Asia-Pacific region. Airfreight rates from Shanghai (PVG) to the U.S. peaked at $16.11/kg for the week of Dec. 13 before coming down but have been on the rise since Jan. 17 and are now at $9.80/kg, […]
Cargo Facts Free Newsletters
