Drewry Airfreight Insight, a new service from Drewry’s Supply Chain Advisory, highlights the increasing reliance on air freight due to ongoing issues in ocean transport, such as congestion and rising costs. The service notes a significant rise in air freight volumes, particularly from Asia, with capacity managing to support this growth despite higher rates. The cost ratio between air freight and ocean freight has notably decreased, prompting procurement teams to seek timely market insights for optimal transport mode decisions. The service will provide data on key market drivers and spot rate benchmarks for major air routes.

Source: https://www.stattimes.com/air-cargo/air-freight-soars-above-congested-ocean-freight-system-drewry-1353369