Airlines are taking advantage of the elongated December peak to raise contract rates for 2025.
Carriers are thought to have increased rates by about 10%, both for long-haul and intra-Asian routes, according to Dimerco.
A forwarding source in Shanghai backed this assessment, noting a $1.4/kg increase in blocked space agreements on Asia to Europe. However, while the forwarder said that level “would be a record over the past many years”, Dimerco …
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