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Freight rates from China soar with PPE demand

Caryn Livingston by Caryn Livingston
May 7, 2020
in Cargo Traffic, Carriers, Routes
Reading Time: 2 mins read
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Airfreight rates are up across all trade lanes, particularly out of China, driven by the current imbalance between demand and capacity — which are down and far down, respectively, from a year ago. As of the week ended May 3, the TAC Index reported some of its indexed trade lane rates were assessed nearly 350% […]

 

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