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Air freight rates still rising: 'the last thing shippers want in this market
03 Aug, 2020

Transpacific air freight rates are surging again, with prices up more than 8% in the past week.

China to the US saw rates rise 8.6% to $5.16, while Hong Kong to the US jumped 9% to $5.35, according to the latest TAC Index figures.

Forwarders have reported, however, that the rates tend to be even higher than the index records.

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