Posted on July 8, 2024

Congestion at ports everywhere including Singapore, has prompted some export companies to switch from sea to air freight to get their goods to eager customers on time.

Logistic providers have said that they are seeing about 20 per cent more local companies making that switch. But these firms are paying up to 50 per cent more for air freight compared with the start of this year.

With cargo planes packed for the next two months, industry commentators expect air freight rates to continue going up. This is especially as peak delivery season approaches.

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