XENENTA air freight analyst Wenwen Zhang notes that air cargo spot rates from China to Latin America have more than doubled from May 2019 to May 2024, reports London’s Air Cargo News. The data provider’s figures show that spot rates from China to Brazil reached US$6.46 per kg in May compared with less than $3 per kg in the same month in 2019. Ms Zhang said this is $1 per kg more than the rate from China to the US. She said there are two reasons for the increase in rates: rising demand fuelled...
https://www.seanews.com.tr/china-latam-air-cargo-capacity-under-pressure-as-factors-mount/200564/