Thursday, June 20, 2024

Freightos Data launches Freightos Air Index

Global supply chains have experienced unprecedented volatility, fuelled by heightened demand, COVID-shutdowns, congestion, and more. This has pushed freight rates to all-time highs. For example, air cargo spot prices from Germany (FRA) to China (PVG) have skyrocketed 2.2X over the last three months to $3.53/kg. Fluctuating prices and changing capacity challenge carriers, forwarders, and importers/exporters […]