Airfreight rates ex-China 'loss-making', but hopes of a trade deal stay high
Despite “loss-making” airfreight rates offered for Hong Kong/China-US, Chinese forwarders seem optimistic that the trade ...
Forwarders are reporting that the surge in Asia-to-Europe ocean freight is also impacting airfreight.
One ocean-focused forwarder based in Singapore told The Loadstar: “It’s having a spill-over effect into airfreight ex-Asia to Europe – and even to North and South America.
“Especially for Asia to Europe, due to the uncertainty and delays with ocean shipments, we have seen quite a few customers converting to airfreight – to the point that even sea forwarders are enjoying an upswing in airfreight business.”
He added that ...
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