Rates rise in air freight

Air freight rates to rise in Oct. 2024

October 2024 sees a significant increase in air freight rates. These price increases are caused by the approaching peak period and ongoing problems in the global supply chain.

Impact of increase in air freight rates

The rise in air freight rates can have significant effects on businesses and the broader economy. Here are some possible effects:

1. Higher costs: Companies may face rising transportation costs, which can lead to higher prices for finished products.
2. Supply chain disruptions: When air cargo capacity is limited, delays can occur, leading to disruptions in deliveries.
3. Increased competition: Companies will have to compete more for available freight capacity, causing further cost increases and potential supply problems.
4. Shifting to alternatives: Companies may consider other transportation methods, such as sea or land freight, to control costs.

Adjusting to market fluctuations for Neele-Vat

For logistics service providers, these changes are a clear signal that strategic planning is essential. By making good arrangements and adapting to changing market conditions, we can continue to provide our customers with efficient and cost-effective solutions, even during the busy peak season.

Neele-Vat offers the opportunity to import your goods from the Far East at an advantageous long-term rate through our BSA agreement. This BSA, especially in the coming time, will be able to offer a competitive rate. Be sure to ask about the possibilities for your shipment.

Stay up to date with the latest developments through us so you can always make the right choices in these challenging times. Our strategies help you manage your flows of goods in the best possible way, even when the market is under pressure.