DHL is optimistic for the first quarter of 2025 with the expectation that airfreight volumes will continue to trend upwards.
In response to a question by Air Cargo News on first quarter predictions for airfreight during a recent dhl webinar, Tim Robertson, chief executive Americas, DHL Global Forwarding, said no major changes are expected following the anticipated strong fourth quarter.
'I think nothing dramatic in terms of trend shift for Q1 from an airfreight perspective,' Mr Robertson said during the DHL Peak Season webinar, reports London's Air Cargo News.
Third-quarter airfreight volumes out of Asia Pacific increased this year compared to the third quarter of 2023, plus much of that air cargo capacity is already secured by e-commerce shippers.
Further, post-Golden Week in China DHL expects an increase in airfreight demand and for this to continue.
He explained: 'We saw some mid-single digit increases in airfreight over Q3 of 2023. We do anticipate that post Golden Week we're going to see a nice run up in volumes, so we should anticipate to see the volume increase. The environment is such that that trend should continue in the first quarter of next year.
'Asia exports continue to be healthy. China Plus One continues to support strong volumes out of Thailand, Vietnam, India and we do anticipate that will continue in the first quarter.'
DHL also believes that there may be increased interest in airfreight from shippers as a result of the disruption from what turned out to be a relatively short strike at US East and Gulf Coast container ports.
'While the disruption has been relatively short-lived, we are going to see a ripple effect that carries into the fourth quarter. It's well documented that every day of shutdown, whether it be an east coast or west coast port, typically leads to a one-week backlog or a week to clear.
'So best case scenario here we're looking at a minimum of three weeks for those logistics chains to recover here in the US.'
SeaNews Turkey
In response to a question by Air Cargo News on first quarter predictions for airfreight during a recent dhl webinar, Tim Robertson, chief executive Americas, DHL Global Forwarding, said no major changes are expected following the anticipated strong fourth quarter.
'I think nothing dramatic in terms of trend shift for Q1 from an airfreight perspective,' Mr Robertson said during the DHL Peak Season webinar, reports London's Air Cargo News.
Third-quarter airfreight volumes out of Asia Pacific increased this year compared to the third quarter of 2023, plus much of that air cargo capacity is already secured by e-commerce shippers.
Further, post-Golden Week in China DHL expects an increase in airfreight demand and for this to continue.
He explained: 'We saw some mid-single digit increases in airfreight over Q3 of 2023. We do anticipate that post Golden Week we're going to see a nice run up in volumes, so we should anticipate to see the volume increase. The environment is such that that trend should continue in the first quarter of next year.
'Asia exports continue to be healthy. China Plus One continues to support strong volumes out of Thailand, Vietnam, India and we do anticipate that will continue in the first quarter.'
DHL also believes that there may be increased interest in airfreight from shippers as a result of the disruption from what turned out to be a relatively short strike at US East and Gulf Coast container ports.
'While the disruption has been relatively short-lived, we are going to see a ripple effect that carries into the fourth quarter. It's well documented that every day of shutdown, whether it be an east coast or west coast port, typically leads to a one-week backlog or a week to clear.
'So best case scenario here we're looking at a minimum of three weeks for those logistics chains to recover here in the US.'
SeaNews Turkey