SCAN Global Logistics anticipates a gradual yet consistent rise in air freight volumes, despite forecasts indicating that the Red Sea conflict might endure for several months, reports London's Air Cargo News.
According to the logistics company's market update on January 12, there hasn't been a significant surge in air freight volumes due to the impact of the Red Sea-Suez Canal conflict on ocean shipping supply chains.
'While an uptick in volumes on the air freight side has been visible, a tsunami-like volume surge has not been the case. It is though expected that this will gradually increase, considering that the challenges in the Red Sea by now are considered longer lasting,' said Scan Global Logistics.
'With this seemingly projected to be the latter, the coming weeks will surely spell busier than usual times for air freight during the month of January.
'Accordingly, we expect some form of upward rate level pressure up until the Lunar New Year period, however, also here, it is not expected that it will surge overnight but rather increase progressively,' said Scan Global Logistics.
SeaNews Turkey
According to the logistics company's market update on January 12, there hasn't been a significant surge in air freight volumes due to the impact of the Red Sea-Suez Canal conflict on ocean shipping supply chains.
'While an uptick in volumes on the air freight side has been visible, a tsunami-like volume surge has not been the case. It is though expected that this will gradually increase, considering that the challenges in the Red Sea by now are considered longer lasting,' said Scan Global Logistics.
'With this seemingly projected to be the latter, the coming weeks will surely spell busier than usual times for air freight during the month of January.
'Accordingly, we expect some form of upward rate level pressure up until the Lunar New Year period, however, also here, it is not expected that it will surge overnight but rather increase progressively,' said Scan Global Logistics.
SeaNews Turkey
