Fuel Constraints and Strong Demand Push Global Airfreight Rates Higher
Global airfreight rates have continued their upward trend, posting a fourth consecutive week of gains according to the latest market data. The increase is primarily driven by rising jet fuel prices and ongoing capacity constraints. Strong demand from Asia, especially for e-commerce shipments, is further intensifying the price surge ahead of the peak season. Major trade lanes, including those from Shanghai and Hong Kong to North America, have experienced significant weekly price hikes. The ongoing Red Sea shipping crisis is also a contributing factor, pushing more freight from sea to air.
Official Source: https://aircargoweek.com/global-airfreight-rates-extend-gains-amid-fuel-constraints/
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