Disconnect: time-charters and the freight market
Time to jump off?
Indian air freight forwarders and shippers are reporting a severe strain on airline bellyhold capacity, due to festival-linked passenger traffic.
Various Indian Hindu festivals run between September and November, with Diwali – the festival of lights — the biggest celebration, starting on 31 October.
Industry sources complain that the cargo capacity crunch is seriously impacting supply chains, especially time-sensitive or perishable cargo movements.
“With the festive season in full swing, the surge in passenger air travel has put immense pressure on air cargo ...
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