OVERALL air cargo capacity has decreased at the end of April and early May compared to the same period last year due to freighter cancellations, says Taiwan's Dimerico, reports Mumbai's Stat Trade Times.
'As a result, air freight rates between China and the US are expected to gradually rise,' according to the latest logistics update from Dimerco.
Intra-Asia traffic remains strong, particularly from China to Vietnam, Singapore, Thailand, Malaysia and Taiwan.
'Notably, Chinese carriers such as China Southern (CZ), Air China (CA) and China Eastern (MU) have introduced an air-air solution - offering freighter services from Hanoi (HAN) to China and then connecting onward to the US This service is expected to ease pressure on Vietnam - US outbound capacity during the upcoming peak season.'
Said Dimerco sales and marketing vice president Kathy Liu: 'Since May 12, we have observed an increase in orders from US customers. However, most shipments are currently being booked via ocean freight. We anticipate that air freight demand will begin to pick up from mid-June.'
Artificial intelligence and high-tech industries continue to drive exports as the US may increase shipping demand via Taiwan, leading to an increase in rates from week 21, the update said.
'Although the shipping demand to India remains stable, the capacity to Chennai (M) and Mumbai (BOM) is still tight, suggesting an early booking for urgent shipments.'
Japan Airlines reduces flights from five to three per week on the TSN (Tianjin) - NRT (Narita) route. The rate for EU-bound shipments is rising due to the disrupted transit routes, the update added.
The rate for US-bound routes rose by almost 10 per cent due to increasing demand. 'China Cargo Airlines (CK) launched a new freighter service for the PVG (Shanghai) - BKK (Bangkok) route three times per week. The capacity to Taipei (TPE) remains on an upturn.'
Capacity to Asia reduces as aircraft downgrades in the off-peak season, the update added.
'Capacity to the US remains stable with an increase in demand. Demand from Hong Kong to Asia, especially Taiwan, continuously increases and capacity remains tight.'
Air freight capacity and rates from Vietnam stable with possible rate increase in June for US-bound shipments due to rush before tariff pause ends. Qatar Airways Cargo and Virgin Australia are adding 180 tonnes of weekly capacity between Qatar and Australia starting June 2025.
SeaNews Turkey
'As a result, air freight rates between China and the US are expected to gradually rise,' according to the latest logistics update from Dimerco.
Intra-Asia traffic remains strong, particularly from China to Vietnam, Singapore, Thailand, Malaysia and Taiwan.
'Notably, Chinese carriers such as China Southern (CZ), Air China (CA) and China Eastern (MU) have introduced an air-air solution - offering freighter services from Hanoi (HAN) to China and then connecting onward to the US This service is expected to ease pressure on Vietnam - US outbound capacity during the upcoming peak season.'
Said Dimerco sales and marketing vice president Kathy Liu: 'Since May 12, we have observed an increase in orders from US customers. However, most shipments are currently being booked via ocean freight. We anticipate that air freight demand will begin to pick up from mid-June.'
Artificial intelligence and high-tech industries continue to drive exports as the US may increase shipping demand via Taiwan, leading to an increase in rates from week 21, the update said.
'Although the shipping demand to India remains stable, the capacity to Chennai (M) and Mumbai (BOM) is still tight, suggesting an early booking for urgent shipments.'
Japan Airlines reduces flights from five to three per week on the TSN (Tianjin) - NRT (Narita) route. The rate for EU-bound shipments is rising due to the disrupted transit routes, the update added.
The rate for US-bound routes rose by almost 10 per cent due to increasing demand. 'China Cargo Airlines (CK) launched a new freighter service for the PVG (Shanghai) - BKK (Bangkok) route three times per week. The capacity to Taipei (TPE) remains on an upturn.'
Capacity to Asia reduces as aircraft downgrades in the off-peak season, the update added.
'Capacity to the US remains stable with an increase in demand. Demand from Hong Kong to Asia, especially Taiwan, continuously increases and capacity remains tight.'
Air freight capacity and rates from Vietnam stable with possible rate increase in June for US-bound shipments due to rush before tariff pause ends. Qatar Airways Cargo and Virgin Australia are adding 180 tonnes of weekly capacity between Qatar and Australia starting June 2025.
SeaNews Turkey