
What all this means is that the available air freight capacity is seriously reduced and what capacity that is available commands a higher premium. For the past few months postal companies have absorbed that extra cost but now that is being past on to customers. I am seeing an increase between 10% and 15% on letters, and 100% on parcels, depending on the route, with the highest rises to the USA & Japan.
I will continue to monitor this in the coming months.