China’s ‘zero tolerance’ approach delivers PVG airfreight disruptions | Air Cargo World
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China’s ‘zero tolerance’ approach delivers PVG airfreight disruptions

Airfreight rates expected to rise on wave of freighter, pax freighter cancellations

Caryn Livingston & Charles Kauffman by Caryn Livingston & Charles Kauffman
August 20, 2021
in Airports, Carriers, Freight Forwarders
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Airfreight rates on the trans-Pacific and Asia to Europe trade lanes have already risen by 20% to 40% in August and are expected to head higher following new measures aimed at curbing a COVID-19 outbreak at Shanghai Pudong Airport (PVG) after two cases were reported this week. The new restrictions in effect as of today […]

 

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