Freight rates from China soar with PPE demand

Photo courtesy of UPS.

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% […]


Already subscribed? Click below.

Exit mobile version