The shipping crisis is boosting demand for air cargo, with desperate retailers sending the price of an air freight charter to record levels. According to Air Charter Service, a trans-Pacific charter on a Boeing 777 costs around $2 million a pop. According to the UK-based air charter service, the pre-pandemic peak price for such a .
Seeking to avoid the shipping crisis, desperate retailers are chartering planes for up to R29 million - sometimes even more - to get their goods shipped from Asia to the US.
Shipping companies have started to charter air cargo planes for enormous sums for a single flight as the shipping crisis continues to grow more severe.
Seeking to avoid the shipping crisis, desperate retailers are chartering planes for up to $2 million sometimes even more to get their goods shipped from Asia to the US.