Middle East Conflict Sends Airfreight Capacity Plunging—Rates Set to Surge
Airfreight rates could climb sharply as the crisis in the Middle East disrupts global cargo capacity, according to logistics data provider Xeneta. The company is urging shippers operating on affected routes to delay signing long-term freight agreements until the situation becomes clearer. Niall van de Wouw, Xeneta’s chief airfreight officer, said the conflict has already […]
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