The gap between Air and Ocean freight rates widens more and more. The price differentials have now reached a record height.
With sea freight rates being low for several weeks already and air freight rates raising more and more towards end-of-year peak season, it has now reached double the norm.
Air freight rates have been quite stable, with peak-season and capacity restrictions. On the contrary, ocean freight container rates have reached a new low. For the first time, headhaul from Asia to Europe is cheaper than the backhaul.
But the gap between ocean and sea freight rates should reduce soon. Air freight rates are expected to soften as soon as peak season is over.