Cargo capacity collapses amid airspace closure and cancelled flights
Airfreight is among the sectors hardest-hit by the Iran conflict as airspace closes across the ...
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| Dreamstime.com
Reports of the decline of Hong Kong port are not exaggerated – but as an air freight hub business is soaring.
As Rhenus’ director of North America Stephanie Loomis told the recent Loadstar podcast: “I can’t remember the last time a shipper asked for Hong Kong – we see Shenzhen, we see Yantian… Hong Kong is for air freight, it’s the same [with] Beijing and its local port Tianjin.
“Hong Kong will be air freight, and that’s all,” she said.
The numbers support ...
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