Q4 Air Cargo Rates from China Excepted to Increase

coracle News

According to the TAC Index, the air cargo rate from Shanghai to North America for the week of Aug 24th dropped 10 percent to $4.52/kg, but was up 20 percent year-over-year. This is drastically lower than the record high of $12.27/kg we saw in May when the US began to reopen after COVID-19 lockdowns, which was a 270 percent year-over-year increase.

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