Airfreight rates rose again during July, marking the third-highest month for freight rates so far in 2017, ahead of strong expectations for the peak season.
According to new figures from the Drewry East-West Airfreight Price Index, the average rate across 28 major east-west trade lanes for July rose month-over-month from June to fall just under the strong numbers seen in April at $2.64 per kilogram. The index rose 1.9 percent from June and stood 1.5 percent above the index figure for July 2016.
"In anticipation of a strong peak season, several forwarders have upped their capacity allocations out of Asia and have lined up charter capacity," Drewry said.
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