Prices for several different fuels are close to half last year’s peak and may decrease further in the second quarter. This means that shippers can benefit from saving if they decide on shipping now or in the near future.
Indonesia Banning Palm Oil Exports
On April 28, the Indonesian government began banning palm oil export. At first, the export ban included only bleached, refined, and deodorized palm oils. However, very soon the ban got
Air freight rates to rise in the next months
Around the time the coronavirus pandemic began, air freight rates began to have significant volatility. With the rates going up and down multiple times in the past few years, they