NewsSoaring air freight rates may level out as summer capacity takes off

April 12, 2024by 0

Airfreight rates have soared this month, as the market continues to be propped up by e-commerce and Red Sea disruptions. 
WorldACD reported today that the average global air freight rates rose week on week by more than 2% between 1-7 April, and now sit at $2.54 per kg – 41% above April 2019 pre-Covid levels. 
But the back-to-back airfreight rate rises have been dubbed “surprising” by Niall van der Wouw, head of …

The post Soaring air freight rates may level out as summer capacity takes off appeared first on The Loadstar.

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