Airfreight faces capacity challenge, as widebody fleet growth falters
Shippers and forwarders are facing the prospect of tightening airfreight capacity driving up pricing. Growth ...
Shipping lines have announced the temporary suspension of cargo bookings into South China next month, blaming reduced capacity from local feeder operators.
The move has prompted dismay among local forwarders who have warned customers “not to hesitate” to take any chance of booking cargo prior to Chinese New Year, which falls on 12 February.
Last week, OOCL reported a “sharp” drop in available feeder capacity, due to Covid quarantine rules affecting ship crews, telling customers it would suspend bookings for South China ...
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