Ecommerce could now be accounting for two-thirds of the airfreight coming out of China, while freighter operators are taking advantage of the demand to ramp-up contract rates for next year.
“We are now at the peak of the year for air freight,” explained one Shanghai-based forwarder.
“The rates this week to both Europe and the US are more than the highest recorded last year; it’s not a surprise though, as the major …
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