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…..
Red Sea Disruption Update
Red Sea crisis update: New attacks in the Gulf of Aden and Indian Ocean end 2-week streak of no reported attacks on merchant shipping by Houthis. On Wednesday 24th April, US forces shot down an anti-ship ballistic missile targeting the “MSC Darwin VI”. MSC’s schedule...
Uniserve commits to a second year of the Sustainable Aviation Fuel (SAF) Programme
We are pleased to announce the extension of our support of the Air France KLM Martinair Cargo (AFKLMP Cargo) Sustainable Aviation Fuel (SAF) programme.Following a successful first year of supporting the SAF programme, which contributes to the development and creation...
European road freight likely to be impacted over French public holidays in May
During the French public holidays in May, we would like to inform you of potential disruptions in European road freight imports and exports from France. These holidays may impact the normal flow of shipments resulting in some delays. France will be observing Victory...