China air cargo disruptions advance ‘super peak’ as prices soar after Shanghai freight terminal closure

Air freight prices have risen by up to 30 per cent since a terminal at China’s largest cargo airport was closed due to an outbreak of coronavirus cases, jacking up further skyrocketing costs of sending goods by air.Reports cargo aircraft operations at Shanghai Pudong International Airport had been suspended first emerged on August 20 after detection of the first case, with a further six related cases emerging over the next six days, taking the total to seven.Due to the closure and resulting…