All Drewry articles
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NewsAir-ocean price difference far above pre-pandemic levels
The cost difference between air and ocean is now above pre-pandemic levels as ocean rates have rapidly declined.The latest figures from consultant Drewry Supply Chain Advisors show that airfreight now costs 16.7 times more than seafreight.Before the pandemic, airfreight typically cost around 13 times more than ocean transport.During the pandemic ...
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NewsDrewry Index: Decline in airfreight rates softens
The latest Drewry East-West Airfreight Price Index report shows that airfreight prices dipped $0.09 in February 2020 to $2.50 per kg, down from $2.59 in January 2020.The February 2020 rate compares with $2.47 per kg from the same month last year."The Drewry East-West Airfreight Price Index for February was up ...
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NewsDrewry Index: Dip in rates reflects impact of coronavirus
Airfreight rates continued to slide in January, declining 5% from December and 11% from a year earlier.The latest Drewry East-West Airfreight Price Index report shows that prices dipped $0.16 in January 2020 to $2.59 per kg, down from $2.74 in December. The January 2020 rate compares with $2.91 per kg ...
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NewsAirfreight rates reduction reflects peak season close
Airfreight rates slid in December following a rise in November, reflecting a decline in demand as peak season came to a close.The latest East-West airfreight price index from consultant Drewry’s Sea and Air Shipper Insight report showed that prices reached $2.74 per kg in December last year, down from $3.02 ...
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NewsAirfreight rates continued to climb as year came to a close
Airfreight rates continued to climb in November as average prices reached their highest level in 2019.The latest east-west airfreight price index from consultant Drewry's Sea and Air Shipper Insight report showed that prices reached $3.02 per kg in November – the highest level since December last year.The fact that 2019 ...
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NewsDrewry East-West airfreight rates rose in October
Drewry’s East-West Airfreight Price Index nudged up by 3% to a reading of 93.0 in October, up from 90.8 in September.As the research and consultancy company predicted last month, all-in airfreight rates rose in October – to $2.74 from $2.67 per kg. However, this is 9% below the level of ...
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NewsDrewry: airfreight rates continue to decline
Drewry’s East West Airfreight Price Index climbed 8.36% between August and September to reach a reading of 90.8 – but airfreight rates fell 6% compared to the same month last year, to average $2.67 per kilo.This contrasted with Drewry Sea & Air Shipper Insight’s prediction that rates would increase in ...
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NewsDrewry reports ongoing drop in airfreight rates
The latest Drewry East-West Airfreight Price Index has reported a fall in airfreight rates in August, compared with July and August 2018.Drewry Sea & Air Shipper Insight noted: “Airfreight rates fell from $2.56 to $2.46 in August from July, and a drop of 4% from August 2018.”But, more positively, it ...