Airfreight demand expected to weaken through Q2
Weak ecommerce demand has seen cancellations of airline block space agreements and charters, particularly to the ...
As the industry heads into the peak season for airfreight, cargo owners are facing challenges to securing capacity out of Asia.
Some origin and transit points are already struggling with congestion while capacity there can only be secured by paying premium rates, warned Hong Kong-based logistics provider Dimerco in its latest market update.
A lot of lift has already been snapped up by large e-commerce firms that have signed-up peak charter flights out of Asia, especially from China, further crimping available capacity, ...
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