Airfreight rates in Bangladesh almost doubled over the past month, thanks to a significant rise in volumes and a capacity crunch
Stakeholders said with the market from Dhaka now reliant on belly capacity Bangladesh-Europe rates are hitting $3.50 per kg, up from $2 in December, with exporters being charged $4.50/kg to the US, up from $3 in December.
Freight forwarders have attributed the rising demand to the end of season, pressure on …
The post Air rates soar as Bangladesh garment exporters switch from ocean appeared first on The Loadstar.