Dhaka, March 13 -- Normal trade-shipment disruptions due to the Middle East turmoil have sent airfreight rates flying in Bangladesh, tripling for Dhaka-to-Europe transportation and nearly doubling for US reach.

Stakeholders say this has happened as hundreds of Middle East-bound flights had been cancelled since war broke out on February 28 between US-Israel duo and Iran, leading to severe capacity crunch against rising demand for rerouting trade cargos.

They say ships are now not carrying cargo towards the Middle East, which is created cargo stockpile on factory premises and off-docks. Moreover, flights from Dhaka touching the Middle-Eastern hubs are now being cancelled repeatedly, causing the capacity shortage that created scope for air...