Air cargo rates gain on US port congestion

  Air freight rates continued to climb through November on the back of strong peak season demand and conversions from ocean freight as a result of US supply chain bottlenecks. Drewry’s East-West Air Freight Price Index rose a further 5.3 points in November to reach an all-time peak of 120.8 points, exceeding the record high of 117.4 achieved...

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UTi charters B747F to ease US port congestion

US dockside port congestion has prompted UTi Worldwide charter a weekly B747F from Shanghai to Chicago. The global supply chain services and solutions company says that the scheduled service is intended to ease the backlog of goods needed in North America. "Congestion at west coast US ports has reached a critical level and we think it will get worse before we see any improvements," said Ed Feitzinger, UTi's executive vice president, global operations Feitzinger added:...

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