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Ships diverted from red sea send ripple effects across the globe – Bloomberg

Air cargo rates have jumped from Persian gulf and South Asia. Rates to Europe are up about 80%, WorldACD says.

Rogier Blocq, director of product development at Amsterdam-based WorldACD, said air cargo rates from the Persian Gulf and South Asia into Europe were up almost 80% in May versus a year earlier. That stood out from the average global rate increase of about 3% over the same period.

https://www.bloomberg.com/news/articles/ships-diverted-from-red-sea-send-ripple-effects-across-the-globe

Ships diverted from red sea send ripple effects across the globe – Bloomberg

Air cargo rates have jumped from Persian gulf and South Asia. Rates to Europe are up about 80%, WorldACD says.

Rogier Blocq, director of product development at Amsterdam-based WorldACD, said air cargo rates from the Persian Gulf and South Asia into Europe were up almost 80% in May versus a year earlier. That stood out from the average global rate increase of about 3% over the same period.

https://www.bloomberg.com/news/articles/ships-diverted-from-red-sea-send-ripple-effects-across-the-globe

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