Air Freight Rates in Singapore Set to Continue Rising Amid Worldwide Port Congestion
As the world grapples with ongoing port congestion, companies in Singapore are feeling the strain. With shipping delays stretching into months, many businesses are turning to air freight as a faster alternative. However, this shift comes at a cost. Local firms are now facing air freight rates that are up to 50% higher than those of sea freight, significantly impacting logistics budgets.
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