Expeditors out of court – this is pretty damn weird
This is so Kafkaesque
A sudden surge in air freight demand has led to cargo building up in Asian airports, according to Expeditors.
A perfect storm of increased manufacturing activity after China’s October holiday has seen shippers looking to get goods quickly out of major cities including Hong Kong, Shanghai, Beijing, Chongqing, Tianjin and Guangzhou. Shippers are converting ocean shipments to air to beat the pre-Christmas rush to the US and Europe.
The forwarder said transhipment through Taiwan and South Korea had also been affected.
The situation ...
China hits out at Hutchison plan to sell Panama port holdings to MSC
Liners plan more rate hikes to halt renewed container spot rates decline
TPM: Forwarders need 'clout' to survive as the ocean carriers move in
Gemini schedule reliability falls below 90% target for the first time
Resumption of Suez transits in doubt after return of Red Sea hostilities
Maersk in firing line over 'abandoned container' in Africa
Gemini carriers cut back loading allocations on challenging southern India trade
US CBP sees 90% fall in revenue last month; airfreight sees ecomm slide
Comment on this article
Nick Coverale
November 11, 2015 at 4:12 pmNeed your goods from Asia for Xmas, by Ocean to slow,Air cargo now too expensive or no space ,then SEA AIR could meet your deadline at up to a third of the cost ctc us @ [email protected]