August 6, 2024 Update
Freightos
AUGUST 6, 2024
In air cargo, Freightos Air Index rates from China to the US slid 12% in the last few weeks. Rates out the Middle East – which have been elevated since early in the year on Red Sea driven shifts from ocean to sea – air options out of the UAE – have dipped 16% to N. America to $2.57/kg kg and 20% to $1.56/kg
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