Shippers 'running out of options' to get their peak season goods out of Asia
09 Aug, 2024
Cargo owners that haven’t made firm arrangements to move peak season cargo out of Asia by air are running out of options, warns logistics provider Dimerco.
Most direct, reliable freighter capacity has already been snapped up, it said.
Capacity on long-haul routes out of China and other countries in East and South-east Asia has been tight, driven by strong demand for e-commerce and a shift of container traffic from ocean to air, a result of extended transit times, congestion, limited capacity and soaring container rates, Dimerco notes in its latest airfreight market report.