News / Asia Pacific battling peak season air cargo capacity crunch and rising rates

Ocean freight chaos and strong peak season demand has created a region-wide capacity crunch and “rapid” rate rises for Asia Pacific air cargo.

According to the Association of Asia Pacific Airlines (AAPA), there was a 26% year-on-year increase in air cargo demand last month, measured in freight tonne km, with volumes “propelled by expansion in e-commerce and demand for intermediate goods.”

Furthermore, AAPA said, congestion problems at Chinese seaports had also driven demand for airfreight, but limited bellyhold space – due to ...