Analysis, trends, market movements, decision tools, globalization of transport, econometric models in logistics, transport, shipping and its industries
LOGISTICS, TRANSPORT AND SHIPPING NEWS
TRANSPORTCEO - 08/01/2019
East-West air freight rates highest of last 4 peak seasons.


Air freight rates on major East-West routes hit a 4-year high in November, according to the results of Drewry’s East-West Air Freight Rate Index.

The index jumped by 5% in November, to US$3.18 per kg, and was 2% higher than during last year’s already strong peak season.

“The fear of US tariffs pushed short-term demand and air freight rates in the transpacific this peak season, but rates have also been remarkably strong in the transatlantic and Europe-to-Asia routes this year,” said Philip Damas, director of Drewry Supply Chain Advisors, the logistics consultancy arm of Drewry.

Drewry East-West Air Freight Rate Index


More detailed analysis in the Sea & Air Shipper Insight rate database shows that fuel surcharges have started to fall on some routes, helping to mitigate the increase in rates.

 

 

GIVE US YOUR OPINION.
Message




Data protection and cookie policy

© Premium Difusión. All rights reserved.