COVID, COVID, and COVID!
We know you're tired of hearing about it, and we're definitely tired of talking about it! Unfortunately the reality is that logistics is still heavily impacted by outbreaks at ports and a reduced number of flights.
Prior to the pandemic, air freight rates were available for around US$ 7.00/kg during peak season (heavy shipping volume), and around US$ 4.50 during slow season (significantly less shipping volume). At COVID's peak we were seeing close to US$ 20.00/kg! Nowadays pricing is floating in the US$12.00/kg range depending on delivery time and whether tax and duty are rolled into the price. Ocean freight saw a less extreme increase but was nonetheless seeing significant price increases as well.