Airfreight rates continued to climb in November as average prices reached their highest level in 2019.
The latest east-west airfreight price index from consultant Drewry’s Sea and Air Shipper Insight report showed that prices reached $3.02 per kg in November – the highest level since December last year.
All in airfreight rates elevated to $3.02 per kg, which shows 10% increase from previous month. The index is based on buy rates paid by forwarders for standard airport-to-airport flights on 28 major east-west routes for cargo above 1,000 kg.
Source : Various Agencies