Expedited : Spotlight on Air Cargo

Special Report

Lure of robust Asian peak season a magnet for air cargo capacity

By Greg Knowler

Air cargo operators are shifting freighter aircraft from South America , India and Africa to the more lucrative Asian export trades where sustained demand from the US and Europe for both e-commerce and traditional cargo is keeping planes full and rates elevated .

With an anticipated fourth-quarter peak season bonanza around the corner and a worsening supply-demand imbalance pushing up the spot market , airlines want as much capacity as possible to be deployed on the trans-Pacific and Asia-Europe trades . But the removal of air freight capacity is leaving exporters on the South America and Indian trade lanes scrambling for capacity , forwarders say .

10 Journal of Commerce | October 7 , 2024 www . joc . com