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.
Uniserve's e-commerce logistics portfolio received a massive boost this week, with the strengthening of one of our key networks across China, Hong Kong and South East Asia. For many years, our multi-award winning airfreight products, to and from Asia, have been...
Since the February start, building work on Uniserve's Felixstowe development is now in full swing, with the completion of the first part of the project; Plateau C, expected this July. Plateau C will see the installation of a container storage and HGV parking...
Uniserve property project manager, Jonathan King, recently completed a day of filming and photography to become a ‘Face of APM’ for the Association for Project Management (APM); the Chartered body for the project profession. On Thursday 27th April 2017, Jonathan...