Airfreight rates in the doldrums as carriers look to set their BSA tariffs

Asian forwarders are reporting sinking airfreight rates, just as airlines look to set out their BSA tariffs.

Two standard-setting airlines have already set out their BSA rates ex-Asia, according to one source.

Cathay Pacific and Lufthansa Cargo have set tariffs ex-Hong Kong to the US at about $6.50 all-in to the west coast, with an extra 0.50/kg to the Midwest – although one forwarder told The Loadstar shortly after publication that Cathay had revised its offer downwards, to about $5.60.

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