Agility has released its Emerging Markets Logistics Index for 2022. According to the survey, nearly two-thirds of the 756 industry experts surveyed expect ocean and air freight rates to fall by the end of the year. In addition, 80 percent of them expect port congestion, air supply shortages and trucking problems to ease by the end of the year.
In a welcome development, airfreight rates out of Hong Kong and Frankfurt have started to stabilize after several months of decline. The Baltic Exchange Airfreight Index (BAI) reveals that average pri
Ocean freight rates increased via the East Coast of North America (+1.4% week-on-week) and South Korea (+0.8%). Freight rates via the West Coast of North America (-1.3%) and Europe (-0.1%) decreased.
The rankings for international airfreight cargo volume from Japan in July 2023 have just been unveiled. Nippon Express claims the top spot, having transported 16,277 tons of cargo, albeit marking a 21