Airfreight rates reached their highest level of the year last month, but continue to fall short when compared with last year, according to the latest data from Drewry & Air Shipper Insight.
The independent adviser noted in its latest report that the weighted average airfreight rate on 21 key east-west trades had climbed to US$3.31 per kg, which is 11.7% lower than last year’s rate of $3.75 per kg, Drewry said.
Rates are expected to climb further in November as it is the busiest month of the year.
