Drewry east-west price index hits peak for year

Drewry’s East-West Air Freight Price Index rose by 11.9 percentage points in October to a year-peak of 115.6 points.
The latest increase was the result of "strong peak season demand and tighter capacity conditions," with rates for eastbound transpacific rising particularly fast, indicative that pricing on that route was inflated somewhat by a modal shift from ocean to air in response to potential delays at US West Coast ports.
The UK-based research house said: "We expect air rates to have remained high through November and into December, but to fall in January with the end of the peak season."

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