Airfreight rates from China/Hong Kong to the U.S. ticked up steadily throughout April and have risen nearly 75% since the most recent trough in mid-March to reach $8.90 per kilogram as of Monday. Rates did dip on a week-over-week basis, falling by almost 4% since May 3.
Sea-to-air conversions drive up airfreight rates on Transpacific
SourceSupply Chain Dive
