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Lunar New Year demand boosts airfreight rates ex-Asia

PVG-US rates up 7.5% week over week

Kelly Stroh by Kelly Stroh
January 31, 2022
in Capacity & Demand
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Upcoming Lunar New Year airfreight demand has fueled the ongoing capacity shortage, further elevating airfreight rates out of the Asia-Pacific region. Airfreight rates from Shanghai (PVG) to the U.S. peaked at $16.11/kg for the week of Dec. 13 before coming down but have been on the rise since Jan. 17 and are now at $9.80/kg, […]

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