Receive FREE Newsletter
Advanced Search
+

News / A Christmas bonus for carriers as demand for air freight capacity 'goes crazy'

© Jaromír Chalabala air cargo_33176781
© Jaromír Chalabala
By

Intense demand for air freight space has led to shippers opting for sea freight as a faster option.

Demand “has gone crazy” said one forwarder, citing a four-to-five-week wait for maindeck capacity from Europe to the US and Mexico.

“I’ve never seen anything like it.”

One source said carriers ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.
Current subscriber
New subscriber

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    air cargo data air cargo market AirBridgeCargo Cargolux ecommerce Rates: the eternal tango

    Most read news

    Predatory rivals circle as the ripples from DSV's Schenker buy widen

    Latest Israeli attack on Iran a threat to box ships in Straits of Hormuz

    DHL Express facilities in Canada forced to shut down by strike

    New Middle East conflict brings airspace closures, flight chaos and oil price worry

    Industry concerns rise after yet another box ship on fire off Indian coast

    More legal trouble in India for MSC: feeder vessel detained after box ship disasters

    Return of downward pressure on container spot freight rates

    BYD launches logistics subsidiary – and eyes ports and shipping sectors

    MSC to hold 15% global container terminal market share after Hutch buy

    Airfreight capacity shifts from US to match falling demand

    Steep drop in US container imports a serious threat to SME drayage firms

    M&S cyber-attack a salutary warning for supply chain players, say experts

    China pushes Cosco participation in consortium eyeing Hutchison buy

    A dull airfreight market after front-loading push – carriers desperate for volumes

    China+1 acceleration as tariffs drive supply chain rerouting

    News in Brief Podcast | Week 24 | Ship fires, geopolitics and DSV drama