Airfreight rates ease but capacity still restrained globally

Photo: Royal Media

Demand for personal protective equipment (PPE) from China is slowing, bringing airfreight rates down from May peaks, but global cargo capacity across most routes is still reduced from year-ago levels, according to Seabury Consulting and freight forwarders publicly tracking route capacity. Rates from Shanghai (PVG) into the United States stand at their lowest level in […]

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