The number of freighter arrivals in China has increased in recent weeks as factories resumed production. Photo: AFP
Cuts to passenger flights send air freight rates soaring as manufacturing resumes in China
- China-US cargo rates have risen by 27 per cent over the last two weeks to more than US$3.50 a kilogram, key index shows
- China’s air cargo capacity was down 39 per cent in February compared to last year because of the passenger flight cuts, according to Agility Logistics
Topic |
China economy
The number of freighter arrivals in China has increased in recent weeks as factories resumed production. Photo: AFP