Airfreight rates from Japan to North America are rising. Although the recent demand from Japan has slowed down compared to the beginning of the year and spring, the increase was dragged up by the rising freight rates from China and other Asian countries. Both spot rates and file rates (long-term contracted fares) have risen, and although file rates vary depending on the contract between the forwarder and the airline, it seems that in some cases the rates doubled from the start of the summer timetable in the October revision. Since the spread of the new coronavirus infection, freight rates have continued to rise and remain at high levels, and with the further increase in freight rates, it has been difficult to pass freight costs on to shippers and customers.
top of page
Search
Recent Posts
See AllIn 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
bottom of page