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Red Sea crisis expected to impact airfreight

Ocean rates surged above 235% in some trade lanes in December

Courtney BlackannbyCourtney Blackann
January 23, 2024
in Capacity & Demand
Reading Time: 3 mins read
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As ocean freight rates continue to surge — above 235% in some trade lanes — since mid-December when the Red Sea crisis began, air cargo rates remained stable, though higher than predicted at the end of the year.  Increases in ocean rates are expected to continue in all trade lanes as capacity tightens in February, […]

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Tags: ACNairfreight ratesFlexportFreightosocean freightPremiumRed SeaSuez Canal
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