Airfreight rates on transpacific routes have flattened as an overshot of capacity eclipses demand, but predicted supply chain turbulence could see prices take off again soon.
The global average rate growth of 2% – to $2.79, the highest level recorded this year – was driven by increasing spot rates “mainly from North America and Europe origins”, according to World ACD’s week 47 data.
While this may seem surprising, the data …
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