More misery for apparel houses as air freight rates ex-Bangladesh double

Capt. John

Air freight rates out of Bangladesh have doubled in recent months, spiked by a severe capacity crunch due to coronavirus-linked operational suspensions and growing demand.
Shippers are now paying twice pre-pandemic rates for expedited shipments, which they describe as a “big burden in this challenging period”.
To carry goods to European airports, air cargo operators are charging more than $3.65 per kg, compared with $1.80 in March last year, and $6.20/kg to …

The post More misery for apparel...

https://theloadstar.com/more-misery-for-apparel-houses-as-air-freight-rates-ex-bangladesh-double/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon