Tradelanes: Export boom in Indian sub-continent triggers rise in airfreight rates
Interest in charters and freighters is high from the sub-continent, where demand is “surging” according ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADEAAPL: SUPPLY CHAIN BET
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADEAAPL: SUPPLY CHAIN BET
It may have been much anticipated, but it turns out that the UK’s recent decision to lift the ban on cargo carried on direct flights out of Bangladesh has amounted to a hill of beans (ie, not much). According to Bangladesh’s Daily Star, the only airline with direct flights between Dhaka and London is Biman Bangladesh – except that it doesn’t have direct flights, because it is currently banned from operating in the EU due to security issues. While the airline is hopeful of a resolution to the problem soon, it means that Bangladesh’s long-suffering exporters are still paying over the odds to fly their goods out of the country. International airlines offering services to the UK – mainly the Middle Eastern carriers – must still re-screen cargo in the transit country. The paper reports that the rescreening process costs Bangladeshi exporters an additional 10-20 cents per kg, depending on the airlines, and adds eight to 12 hours to the transit time.
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