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Air freight rate increases slow - and even reverse - as more capacity arrives
17 May, 2020

Air freight rates are finally stabilising, after weeks of rising at unprecedented levels.

Charter brokers and air freight rate indices are seeing increases slow - or even reverse -as more capacity comes into the market.

Freight Investor Services (FIS), using data from the TAC Index, revealed a 47-cent decline in Shanghai to Europe prices, Hong Kong to Europe has fallen by 18 cents, while China to Europe, overall, has fallen 32 cents.

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