Congestion at Asian and European ports keeping charter rates firm
UPDATED TO CHANGE ECONDB DELAYS FROM VESSEL WAITING TIMES TO CONTAINER DWELL TIMES. Bottlenecks at Asian ...
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By Sam Whelan
Ground handling congestion dragged down airfreight growth last month, highlighting the industry’s “lack of investment” in cargo infrastructure.
According to Clive Data Services, November volumes declined 1.2% month over month, reversing the trend traditionally seen in the peak season build-up to Christmas.
“Last month’s fall in volumes compared with October came despite a 0.5% rise in capacity, while overall air cargo rates climbed 8% in November, month on month,” Clive added.
Comparing the data with November 2019, there was a 3% decline in ...
Comment on this article
Eric Mooney
December 02, 2021 at 6:29 pmOMG you on the Flexport bandwagon too? There are 50 forwarders more qualified to speak on the state of the market.
Alex Lennane
December 03, 2021 at 10:19 amWe speak to a very wide selection of forwarders all over the world, as you can see from any of our articles, but few people want to be named. Flexport will always put its name to its quotes and so from time to time, yes, you will find Flexport’s name in our articles.
Damian K Jackson
December 02, 2021 at 6:34 pmI’m not sure of the purpose of the photograph at the beginning of this article. It is passenger Terminal Four at JFK International Airport. All of the containers shown are for passenger baggage use. Delta Airlines in the largest tenant in Terminal Four, hence all of the Delta containers. Having worked in cargo at JFK since 2002, I’m certain of this terminal location. The large glass windows at the background of the is the actual arrival hall for US Customs clearance.