Due to flight disruptions in Europe there are massive increases in the cost of air freight out of Asia. Some news from Hong Kong.
Expect air freight costs to remain higher for weeks to come. ODM are pushing clients to plan production and book orders early so that we can ship by sea wherever possible. Sea freight is so much greener, not to mention cheaper.
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13 months on and we see new Volcanic eruptions in Iceland. We will advise clients in new blog if there is any adverse effect on freight, but up to now nothing to report.