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Lockdowns and Ukraine war keep air cargo rates high, Freightos data shows

Rates have fallen nearly 50% since past peak season, but remain elevated

Ivan De LucebyIvan De Luce
August 16, 2022
in Archive, The Future
Reading Time: 2 mins read
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Digital booking and payment platform Freightos saw air cargo rates remain elevated in 2022 as some marketplace rates nearly double compared with pre-pandemic levels amid the war in Ukraine and COVID-19-related lockdowns. Although rates on East Coast U.S.-Europe routes have decreased 28% year over year to $3.76/kg, they remain significantly higher than 2019, according to […]

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