News / New air cargo capacity crunch fears drive Flexport and 3PLs toward freighters

The prospect of sustained capacity shortages, as bellyhold capacity recovers slower than anticipated, is prompting forwarders to sign freighter deals.

At the beginning of the year, Flexport replaced a dedicated freighter agreement with block space deals with several carriers; now, a dedicated cargo flight is a possibility again.

“We’re considering any path that allows for sufficient capacity,” said Neel Jones Shah, global head of airfreight.

“Reduced passenger traffic means Flexport will have to double-down on its bulk space agreement (BSA) strategy and traditional ...