Airfreight rates from China/Hong Kong to the U.S. has risen nearly 75% since mid-March

Airfreight rates from China/Hong Kong to the U.S. has risen nearly 75% since mid-March to reach $8.90/kg as of Monday

The surging rates were driven largely by a wave of demand from sea-to-air conversations as a result of delays on ocean lanes that followed the blockage of the Suez Canal among other factors. https://bit.ly/3fcgB0f#internationaltrade #globaltrade #supplychain #SuezCanal #ShippingIssues