Market observers expect the airfreight rates to take off from next week as more and more shippers are switching to air due to delays and increased ocean transit times caused by the volatile situation in the Red Sea.
This as the Red Sea crisis is expected to continue to get worse ahead of Chinese New Year.
The airfreight market experienced a prolonged downturn during most of 2023.
This as the Red Sea crisis is expected to continue to get worse ahead of Chinese New Year.
The airfreight market experienced a prolonged downturn during most of 2023.