Far East Air Demand Update
Following on from our update in September regarding airfreight from HKG and China, demand has increased due to further electronic product launches and an up turn in retail volumes for end of year sale.
The Hong Kong Civil Aviation Authority has enforced the anticipated passenger flight reductions, pending the implementation of the new air traffic control system, meaning any additional flights have been limited. Southern and Eastern China are also seeing similar upturns in demand.
Whilst major backlogs are yet to fully materialise, the pressure on capacity is driving ad hoc rate increases, with pricing rising up to 30% on July and August levels.
The situation is expected to continue into November with further price increases likely.
Our airfreight staff are working extremely hard to manage this situation for our clients and to ensure we maintain customer service levels through this difficult period. We will advise of any developments but should you require further information then please contact your local Uniserve representative.
<< PLEASE SHARE THIS STORY ON SOCIAL MEDIA EASILY BY CLICKING THE ICONS TO THE LEFT.
Follow Us:
More News…..
MD Sets Course For UniEurope
Uniserve Group Managing Director - Iain Liddell - has taken over personal responsibility for delivering upon Uniserve's European strategy during the most important months for the trade in decades - the pre-Brexit period. While the UK continues to be at odds with...
LCL Services Moved From Felixstowe
Further to our recent articles concerning the ongoing operational issues at Felixstowe, Uniserve have taken the indefinite decision to move a number of Asian inbound consolidation/LCL services to the port of Southampton. The movement will be effective immediately for...
Uniserve Appoint New Group CFO
Uniserve are delighted to confirm the appointment of Roger Clements as their new Group Chief Financial Officer. Along with the recent appointment of Kim Overman as COO, the new position has been created to support the ongoing growth and build on the success of the...