Freight rates soar as cargo capacity shrinks amid Covid-19 crisis

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Freight rates soar as cargo capacity shrinks amid Covid-19 crisis
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Grounded aircraft and rise in blank sailings putting pressure on supply chains, but some airlines are using passenger planes for cargo charters.

Skyrocketing air freights and a jump in blank sailings, where a carrier cancels a particular sailing, are piling the pressure on global supply chains, leaving businesses on tenterhooks.

SKYROCKETING air freights and a jump in blank sailings, where a carrier cancels a particular sailing, are piling the pressure on global supply chains, leaving businesses on tenterhooks.To continue reading

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