Airfreight rates in dramatic peak season rise, states Freightos

Against a background of IATA’s estimated 9.3% growth in world cargo volumes for 2017, airfreight rates have been dramatically up this peak season, reports online platform Freightos. Freightos stated: “While some rates have eased recently, others are heating up. Most US airlines canceled 7-10 scheduled flights coming in from China between December 22-30, especially those going to Los Angeles, O’Hare and Dallas-Fort Worth.

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