PRESS ROOM

With our strong presence in the expedited international airfreight business, we were interested in an article on the Air Cargo News website indicating that shippers have been urged to secure space and make contingency plans as the air cargo market is facing capacity shortages out of key Asian markets during the peak season.

According to speakers on a webinar from Xeneta and Tiaca, dynamic load factors – factoring in weight and volume – from Asia Pacific to Europe were at 86% and to North America were at around 88% in July – in what is supposed to be a quieter point of the year.

The capacity situation is expected to get tighter during the peak due to the usual rise in general cargo volumes, the ongoing surge in e-commerce and the continuing disruption to ocean shipping.

Summing up the outlook, Niall van de Wouw, chief airfreight officer at Xeneta, said: “We see that flights are already full on many lanes, we see elevated rates. If we look at the strikes that might be heading our way on the port side, there is no resolution in sight on what is happening in the Middle East, the reduction of belly capacity towards the end of the fourth quarter, and you add it all together, you have a toxic mix of overheating towards the end Q4.”

He said that many shippers were discussing the situation with their forwarders and urged those that haven’t already held discussions to do so.

The U-Freight Group is recommending to all our existing and prospective customers to talk to us about the situation now, so that we can plan for different eventualities, to avoid being caught out in Q4.

The full report can be seen here:

https://www.aircargonews.net/airlines/shippers-urged-to-plan-for-peak-as-air-cargo-overheats/

For more information about the U-Freight Group's global air freight forwarding and logistics services, or our e-commerce logistics operations, please visit the relevant pages of this website or contact your local office, details of which can be seen here: https://www.ufreight.com/en/location